Haywood Securities Lowers Trevali Mining (TSE:TV) to Hold

Haywood Securities lowered shares of Trevali Mining (TSE:TV) from a buy rating to a hold rating in a research report report published on Tuesday, BayStreet.CA reports. Haywood Securities currently has C$0.35 price target on the stock, down from their prior price target of C$0.80.

TV has been the topic of a number of other reports. Canaccord Genuity decreased their price target on Trevali Mining from C$0.75 to C$0.65 in a report on Monday, April 15th. National Bank Financial cut Detour Gold to a hold rating in a report on Friday, June 28th. BMO Capital Markets started coverage on Encompass Health in a report on Thursday, June 27th. They set an outperform rating and a $72.00 price target on the stock. TD Securities decreased their price target on West Fraser Timber from C$74.00 to C$70.00 and set a buy rating on the stock in a report on Monday, July 22nd. Finally, Raymond James decreased their price target on Adaptimmune Therapeutics from $16.00 to $6.00 and set an outperform rating on the stock in a report on Tuesday, May 7th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Trevali Mining has an average rating of Hold and an average target price of C$0.53.

Shares of Trevali Mining stock opened at C$0.24 on Tuesday. Trevali Mining has a one year low of C$0.23 and a one year high of C$0.82. The business has a fifty day moving average of C$0.28. The company has a market cap of $196.22 million and a PE ratio of -0.85. The company has a current ratio of 2.88, a quick ratio of 2.05 and a debt-to-equity ratio of 20.17.

Trevali Mining (TSE:TV) last posted its quarterly earnings results on Monday, May 6th. The company reported C$0.04 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.02 by C$0.02. The business had revenue of C$172.86 million for the quarter. As a group, equities research analysts anticipate that Trevali Mining will post 0.0408163 EPS for the current fiscal year.

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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Analyst Recommendations for Trevali Mining (TSE:TV)

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