BMO Capital Markets Raises Trevali Mining Corp (TV) Price Target to C$2.10

Trevali Mining Corp (TSE:TV) had its price target boosted by analysts at BMO Capital Markets from C$2.00 to C$2.10 in a research report issued to clients and investors on Thursday. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective suggests a potential upside of 52.17% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. Raymond James Financial, Inc. increased their price objective on shares of Trevali Mining Corp from C$1.80 to C$2.00 and gave the company an “outperform” rating in a research note on Tuesday. Scotiabank reiterated an “outperform” rating and set a C$2.00 price objective on shares of Trevali Mining Corp in a research note on Monday, July 24th. Finally, TD Securities assumed coverage on shares of Trevali Mining Corp in a research note 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 1.45% on Thursday, reaching $1.40. 2,050,047 shares of the company’s stock were exchanged. Trevali Mining Corp has a 1-year low of $0.88 and a 1-year high of $1.60. The firm has a market capitalization of $565.80 million and a price-to-earnings ratio of 48.28. The stock’s 50 day moving average price is $1.38 and its 200 day moving average price is $1.26.

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

About Trevali Mining Corp

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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