In a latest note to investors, a research analyst has provided a rating update for the Trevali Mining (TV). Analyst Orest Wowkodaw from Scotiabank remains neutral on the stock and has a C$0.45 price target.
According to TipRanks.com, Wowkodaw is a 5-star analyst with an average return of 18.7% and a 55.4% success rate. Wowkodaw covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals Ltd, Trevali Mining Corporation, and Teck Resources Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trevali Mining with a C$0.69 average price target.
Trevali Mining’s market cap is currently C$290.9M and has a P/E ratio of 4.6. The company has a Price to Book ratio of 0.31.
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 Thursday at C$0.35, close to its 52-week low of C$0.32.
