Shares of Trevali Mining (TV) were revisited by a Wall Street analyst today. Analyst Brian MacArthur from Raymond James remains bullish on the stock and has a C$1 price target.
According to TipRanks.com, MacArthur is ranked 0 out of 5 stars with an average return of -5.1% and a 35.8% success rate. MacArthur covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Osisko Gold Royalties Ltd, and Teck Resources Limited.
Trevali Mining has an analyst consensus of Strong Buy, with a price target consensus of C$1.03, implying a 151.2% upside from current levels. In a report issued on November 9, TD Securities also maintained a Buy rating on the stock with a C$1 price target.
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The company has a one-year high of C$1.75 and a one-year low of C$0.43. Currently, Trevali Mining has an average volume of 2.26M.
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.
