Trevali Mining Corp (TV) Earns “Outperform” Rating from Scotiabank

Trevali Mining Corp (TSE:TV)‘s stock had its “outperform” rating reissued by investment analysts at Scotiabank in a research report issued on Tuesday. They presently have a C$2.00 price target on the stock. Scotiabank’s target price points to a potential upside of 36.99% from the company’s current price.

A number of other analysts also recently commented on the stock. Raymond James Financial, Inc. boosted their price objective on shares of Trevali Mining Corp from C$1.80 to C$2.00 and gave the stock an “outperform” rating in a report on Tuesday. TD Securities began coverage on shares of Trevali Mining Corp in a report on Friday, June 2nd. They set a “buy” rating and a C$1.90 price objective on the stock.

Trevali Mining Corp (TV) traded up 1.04% on Tuesday, hitting $1.46. 1,726,831 shares of the company traded hands. Trevali Mining Corp has a 12 month low of $0.87 and a 12 month high of $1.60. The stock’s 50-day moving average is $1.38 and its 200 day moving average is $1.26. The stock has a market cap of $590.05 million and a PE ratio of 50.34.

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In related news, insider Anna Man-Yue Ladd sold 100,000 shares of the business’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of C$1.51, for a total transaction of C$151,000.00.

Trevali Mining Corp Company Profile

Trevali Mining Corporation is a Canada-based natural resource company. The Company is engaged in the acquisition, exploration, development and production from mineral properties. The Company holds approximately four properties in Canada and has an interest in a property in Peru with an option on a second Peruvian property.

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