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TD Securities Remains a Buy on Trevali Mining (TV)


Today, an analyst has provided a rating update for the Materials sector company, Trevali Mining (TV). Analyst Craig Hutchison from TD Securities reiterated a Buy rating, with a C$1 price target.

According to TipRanks.com, Hutchison is ranked #719 out of 4912 analysts.

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Currently, the analyst consensus on Trevali Mining is a Strong Buy with an average price target of C$1.05, which is a 144.2% upside from current levels. In a report released today, National Bank also maintained a Buy rating on the stock with a C$0.80 price target.

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Trevali Mining’s market cap is currently C$378.2M and has a P/E ratio of 3.9. The company has a Price to Book ratio of 0.38.

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$0.43.