Trevali Mining (TV) Given New C$1.25 Price Target at Canaccord Genuity

Trevali Mining (TSE:TV) had its price objective cut by Canaccord Genuity from C$1.50 to C$1.25 in a report issued on Friday.

A number of other equities research analysts have also recently issued reports on the stock. National Bank Financial decreased their price objective on shares of Trevali Mining from C$0.90 to C$0.80 and set an outperform rating for the company in a report on Friday. Eight Capital decreased their price objective on shares of Trevali Mining from C$1.20 to C$0.85 in a report on Thursday. Raymond James decreased their price objective on shares of Trevali Mining from C$1.25 to C$1.15 and set an outperform rating for the company in a report on Wednesday, October 24th. Haywood Securities cut their target price on shares of Trevali Mining from C$1.75 to C$1.50 in a research report on Tuesday, October 23rd. Finally, TD Securities cut their target price on shares of Trevali Mining from C$1.20 to C$1.10 and set a buy rating for the company in a research report on Tuesday, October 23rd. Seven equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus price target of C$1.35.

Shares of Trevali Mining stock traded down C$0.03 on Friday, hitting C$0.43. 3,368,200 shares of the company traded hands, compared to its average volume of 2,233,372. The company has a debt-to-equity ratio of 18.51, a quick ratio of 1.98 and a current ratio of 2.80. Trevali Mining has a 12-month low of C$0.43 and a 12-month high of C$1.75.

Trevali Mining (TSE:TV) last posted its quarterly earnings results on Wednesday, August 8th. The company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.02). The firm had revenue of C$172.83 million for the quarter, compared to analyst estimates of C$190.70 million. On average, analysts forecast that Trevali Mining will post 0.121379310344828 EPS for the current year.

About Trevali Mining

Trevali Mining Corporation, a natural resource company, engages in the acquisition, exploration, development, and production of mineral properties in Peru and Canada. It explores for zinc, lead, silver, copper, and gold deposits. The company primarily holds interests in the Santander property covering an area of 4,455 hectares located on the west-central, Peru; and the Caribou property located in the province of New Brunswick, Canada.

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