Trevali Mining (TSX: TV), the Materials sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. Scotiabank’s analyst Orest Wowkodaw reiterates their Buy rating on the shares, with a C$1.40 price target.
Wowkodaw has an average return of 59.1% when recommending Trevali Mining.
According to TipRanks.com, Wowkodaw is ranked #117 out of 4850 analysts.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trevali Mining with a C$1.40 average price target.
Trevali Mining’s market cap is currently C$639.2M and has a P/E ratio of 9.9. The company has a Price to Book ratio of 0.67.
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 Wednesday at C$0.77, close to its 52-week low of C$0.73.
