Trevali Mining (TSE:TV) had its price target reduced by investment analysts at Scotiabank from C$2.15 to C$2.00 in a research note issued to investors on Tuesday. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s target price would suggest a potential upside of 29.87% from the stock’s current price.
A number of other equities analysts have also recently issued reports on the stock. Eight Capital cut their price objective on shares of Trevali Mining from C$2.40 to C$2.10 in a research report on Tuesday. BMO Capital Markets cut their price objective on shares of Trevali Mining from C$2.20 to C$2.00 in a research report on Monday, December 18th.
Shares of Trevali Mining (TSE TV) opened at C$1.54 on Tuesday. Trevali Mining has a 1-year low of C$1.03 and a 1-year high of C$1.75. The firm has a market capitalization of $1,270.00, a PE ratio of 154.00 and a beta of 2.77.
In related news, Director Russell David Ball acquired 31,000 shares of the business’s stock in a transaction dated Thursday, November 23rd. The shares were bought at an average price of C$1.44 per share, with a total value of C$44,640.00.
About Trevali Mining
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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