Trevali Mining Corp (TSE:TV) shares reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.19 and last traded at C$0.19, with a volume of 179413 shares changing hands. The stock had previously closed at C$0.20.
A number of research firms recently commented on TV. TD Securities lowered Trevali Mining from a “buy” rating to a “hold” rating and decreased their price objective for the company from C$0.60 to C$0.30 in a research note on Monday, July 22nd. Cormark decreased their price objective on Trevali Mining from C$0.85 to C$0.65 in a research note on Tuesday, July 23rd. Raymond James decreased their price objective on Trevali Mining from C$0.45 to C$0.40 and set a “market perform” rating on the stock in a research note on Friday, August 2nd. BMO Capital Markets decreased their price objective on Trevali Mining from C$0.60 to C$0.55 in a research note on Thursday, June 27th. Finally, National Bank Financial decreased their price objective on Trevali Mining from C$0.60 to C$0.45 and set an “outperform” rating on the stock in a research note on Monday, August 12th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of C$0.48.
The company has a quick ratio of 1.37, a current ratio of 2.28 and a debt-to-equity ratio of 18.63. The firm has a market cap of $154.51 million and a price-to-earnings ratio of -0.54. The business has a 50 day moving average of C$0.24 and a 200 day moving average of C$0.32.
Trevali Mining Corporation, a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Burkina Faso, Namibia, Canada, and Peru. It primarily explores for zinc, lead, silver, and copper deposits. The company owns interests in the Perkoa mine located in the Sanguie Province, Burkina Faso; Rosh Pinah mine located in southwestern Namibia; Caribou mine located to the west of Bathurst, New Brunswick, Canada; and Santander mine located to the northeast of Lima, Peru.
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