Trevali Mining - TV Stock Forecast, Price & News

Trevali Mining Corporation, a base-metals mining company, engages in the acquisition, exploration, development of, and production from mineral properties. It primarily explores for zinc, lead, silver, copper, and gold deposits. The company's operational assets include the 90%-owned Perkoa Mine in Burkina Faso; 90%-owned Rosh Pinah Mine in Namibia; and Caribou Mine in northern New Brunswick, Canada. It also holds interests in the Halfmile, Stratmat, and Restigouche properties situated in New Brunswick, Canada; Gergarub project in Namibia; and Ruttan Mine located in northern Manitoba, Canada. In addition, the company has an option to acquire a 100% interest in the Heath Steele deposit located in New Brunswick, Canada. Trevali Mining Corporation was formerly known as Trevali Resources Corp. and changed its name to Trevali Mining Corporation in April 2011. The company was incorporated in 1964 and is headquartered in Vancouver, Canada.

Trevali Mining Trading Up 2.2 %

Shares of TV traded up C$0.01 during midday trading on Friday, hitting C$0.47. The stock had a trading volume of 76,200 shares, compared to its average volume of 266,605. Trevali Mining has a fifty-two week low of C$0.39 and a fifty-two week high of C$2.70. The business has a 50-day simple moving average of C$0.49 and a two-hundred day simple moving average of C$0.95. The firm has a market cap of C$46.50 million and a P/E ratio of 1.52. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 43.61.

Trevali Mining (TSE:TV - Get Rating) last announced its earnings results on Monday, May 16th. The company reported C$0.09 EPS for the quarter, missing the consensus estimate of C$0.15 by C($0.06). The business had revenue of C$117.95 million for the quarter. As a group, equities analysts forecast that Trevali Mining will post 0.23 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have commented on TV shares. National Bankshares lowered their target price on shares of Trevali Mining from C$0.65 to C$0.55 and set a "sector perform" rating on the stock in a research note on Tuesday, July 19th. Scotiabank lowered their target price on shares of Trevali Mining from C$0.50 to C$0.20 in a research note on Thursday, July 7th. Cormark reissued a "sector perform" rating and set a C$0.75 target price on shares of Trevali Mining in a research note on Thursday, May 19th. Canaccord Genuity Group lowered their target price on shares of Trevali Mining to C$0.60 in a research note on Tuesday, May 17th. Finally, Raymond James lowered their target price on shares of Trevali Mining to C$0.80 and set a "market perform" rating on the stock in a research note on Tuesday, July 19th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. According to MarketBeat.com, Trevali Mining currently has an average rating of "Hold" and an average target price of C$0.46.