Trevali Mining (TREVF) Gets a Sell Rating from CIBC
In a report released yesterday, Oscar Cabrera from CIBC reiterated a Sell rating on Trevali Mining (TREVF), with a price target of C$0.15. The company’s shares closed last Monday at $0.11, equals to its 52-week low of $0.11.
According to TipRanks.com, Cabrera ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -14.3% and a 30.8% success rate. Cabrera covers the Basic Materials sector, focusing on stocks such as Turquoise Hill Resources, First Quantum Minerals, and Nexa Resources SA.
The word on The Street in general, suggests a Hold analyst consensus rating for Trevali Mining with a $0.24 average price target.
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The company has a one-year high of $0.36 and a one-year low of $0.11. Currently, Trevali Mining has an average volume of 85.58K.
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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.