Trevali Mining Corp (TSE:TV) – Analysts at National Bank Financial decreased their FY2019 earnings per share estimates for Trevali Mining in a research report issued on Sunday, August 11th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.03 per share for the year, down from their prior forecast of $0.07. National Bank Financial has a “Outperform” rating and a $0.45 price objective on the stock.
TV has been the subject of a number of other research reports. TD Securities lowered Trevali Mining from a “buy” rating to a “hold” rating and reduced their target price for the company from C$0.60 to C$0.30 in a report on Monday, July 22nd. CIBC reduced their target price on Trevali Mining from C$0.50 to C$0.35 in a report on Friday, August 2nd. Cormark reduced their target price on Trevali Mining from C$0.85 to C$0.65 in a report on Tuesday, July 23rd. BMO Capital Markets reduced their target price on Trevali Mining from C$0.60 to C$0.55 in a report on Thursday, June 27th. Finally, Haywood Securities lowered Trevali Mining from a “buy” rating to a “hold” rating and reduced their target price for the company from C$0.80 to C$0.35 in a report on Tuesday, July 23rd. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of C$0.48.
Shares of Trevali Mining stock opened at C$0.20 on Wednesday. Trevali Mining has a 52-week low of C$0.19 and a 52-week high of C$0.82. The stock’s 50-day simple moving average is C$0.25 and its 200 day simple moving average is C$0.33. The stock has a market capitalization of $162.64 million and a P/E ratio of -0.57. The company has a debt-to-equity ratio of 18.63, a quick ratio of 1.37 and a current ratio of 2.28.
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.
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