Trevali Mining (TSE:TV) had its target price cut by National Bank Financial from C$0.80 to C$0.60 in a report released on Friday, June 28th, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price target points to a potential upside of 114.29% from the stock’s previous close.
TV has been the subject of several other research reports. Canaccord Genuity reduced their target price on shares of Trevali Mining from C$0.75 to C$0.65 in a report on Monday, April 15th. Raymond James reduced their target price on shares of Adaptimmune Therapeutics from $16.00 to $6.00 and set an “outperform” rating for the company in a report on Tuesday, May 7th. Finally, BMO Capital Markets initiated coverage on shares of Encompass Health in a report on Thursday, June 27th. They set an “outperform” rating and a $72.00 target price for the company. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Trevali Mining currently has a consensus rating of “Buy” and a consensus price target of C$0.72.
Shares of TV traded up C$0.02 during midday trading on Friday, reaching C$0.28. The stock had a trading volume of 1,416,000 shares, compared to its average volume of 1,854,461. The company’s 50 day simple moving average is C$0.28. Trevali Mining has a one year low of C$0.25 and a one year high of C$0.86. The stock has a market cap of $228.93 million and a price-to-earnings ratio of -0.99. The company has a debt-to-equity ratio of 20.17, a quick ratio of 2.05 and a current ratio of 2.88.
Trevali Mining Company Profile
Trevali Mining Corporation, a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Burkina Faso, Namibia, Canada, and Peru. It primarily explores for zinc, lead, silver, and copper deposits. The company owns interests in the Perkoa mine located in the Sanguie Province, Burkina Faso; Rosh Pinah mine located in southwestern Namibia; Caribou mine located to the west of Bathurst, New Brunswick, Canada; and Santander mine located to the northeast of Lima, Peru.
Recommended Story: What is Cost of Goods Sold (COGS)?
Receive News & Ratings for Trevali Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trevali Mining and related companies with MarketBeat.com's FREE daily email newsletter.