Trevali Mining (TV), the Materials sector company, was revisited by a Wall Street analyst today. Analyst Brian MacArthur from Raymond James rated Trevali Mining (TV) a Buy, setting a C$0.75 price target.
According to TipRanks.com, MacArthur is ranked 0 out of 5 stars with an average return of -3.3% and a 41.3% success rate. MacArthur covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Osisko Gold Royalties Ltd.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trevali Mining with a C$0.76 average price target, implying a 120.3% upside from current levels. In a report issued on January 14, National Bank also maintained a Buy rating on the stock with a C$0.70 price target.
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The company has a one-year high of C$1.75 and a one-year low of C$0.34. Currently, Trevali Mining has an average volume of 2.77M.
Trevali Mining Corp. engages in the acquisition, exploration, development and production of mineral properties. It focuses on the production of zinc and lead-silver concentrates from its Santander Mine in Peru, its Caribou Mine in the Bathurst Mining Camp, northern New Brunswick, Canada, its Rosh Pinah Mine in Namibia and producing zinc concentrates from its Perkoa Mine in Burkina Faso. The company was founded by Mark D. Cruise on December 31, 1993 and is headquartered in Vancouver, Canada.
The company’s shares closed on Friday at C$0.35, close to its 52-week low of C$0.34.
