Trevali Mining (TV) Gets a Buy Rating from Canaccord Genuity


Trevali Mining (TV), the Materials sector company, was revisited by a Wall Street analyst yesterday. The company received a Buy rating from Canaccord Genuity’s analyst Dalton Baretto, with a C$1 price target.

According to TipRanks.com, Baretto is a 4-star analyst with an average return of 3.0% and a 44.1% success rate. Baretto covers the Basic Materials sector, focusing on stocks such as Teck Resources Limited, Fortuna Silver Mines, and Hecla Mining Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trevali Mining with a C$0.98 average price target.

Trevali Mining’s market cap is currently C$340.8M and has a P/E ratio of 5.4. The company has a Price to Book ratio of 0.36.

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 Monday at C$0.41, close to its 52-week low of C$0.34.

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