Trevali Mining (TV) Price Target Cut to C$2.00 by Analysts at Scotiabank

Trevali Mining (TSE:TV) had its price objective reduced by Scotiabank from C$2.15 to C$2.00 in a report published on Tuesday morning. Scotiabank currently has an outperform rating on the stock.

Several other brokerages have also recently weighed in on TV. BMO Capital Markets lifted their price target on shares of Trevali Mining from C$2.10 to C$2.20 in a research note on Tuesday, September 26th. Eight Capital dropped their price target on shares of Trevali Mining from C$2.40 to C$2.10 in a research note on Tuesday.

Trevali Mining (TSE:TV) opened at C$1.50 on Tuesday. The firm has a market cap of $1,240.00, a price-to-earnings ratio of 150.00 and a beta of 2.77. Trevali Mining has a one year low of C$1.03 and a one year high of C$1.75.

Trevali Mining (TSE:TV) last issued its quarterly earnings results on Tuesday, November 14th. The company reported C$0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.03 by C($0.01). Trevali Mining had a negative return on equity of 6.71% and a negative net margin of 9.51%.

In other news, Director Russell David Ball bought 31,000 shares of the stock in a transaction that occurred on Thursday, November 23rd. The shares were bought at an average price of C$1.44 per share, for a total transaction of C$44,640.00.

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About Trevali Mining

Trevali Mining Corporation is a Canada-based natural resource company. The Company is engaged in the acquisition, exploration, development and production from mineral properties. The Company holds approximately four properties in Canada and has an interest in a property in Peru with an option on a second Peruvian property.

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