National Bank Financial Comments on Trevali Mining Corp’s FY2019 Earnings (TV)

Trevali Mining Corp (TSE:TV) – National Bank Financial cut their FY2019 earnings per share estimates for shares of Trevali Mining in a report issued on Thursday, January 17th. National Bank Financial analyst S. Nagle now anticipates that the company will earn $0.04 per share for the year, down from their prior forecast of $0.08. National Bank Financial has a “Outperform” rating and a $0.60 price objective on the stock.

Trevali Mining (TSE:TV) last issued its quarterly earnings results on Wednesday, November 7th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.02 by C($0.07). The business had revenue of C$39.91 million during the quarter, compared to analysts’ expectations of C$133.60 million.

A number of other equities analysts have also weighed in on TV. BMO Capital Markets lowered their target price on Trevali Mining from C$0.80 to C$0.65 in a research report on Friday. Raymond James lowered their target price on Trevali Mining from C$1.00 to C$0.75 in a research report on Friday. Royal Bank of Canada lowered Trevali Mining from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from C$1.00 to C$0.60 in a research report on Friday. Canaccord Genuity lowered their target price on Trevali Mining from C$1.25 to C$1.00 in a research report on Tuesday, January 8th. Finally, TD Securities lowered their target price on Trevali Mining from C$1.10 to C$1.00 and set a “buy” rating on the stock in a research report on Friday, November 9th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Trevali Mining currently has an average rating of “Buy” and a consensus price target of C$1.02.

Shares of TV opened at C$0.35 on Monday. Trevali Mining has a 52-week low of C$0.34 and a 52-week high of C$1.69. The company has a current ratio of 4.66, a quick ratio of 2.89 and a debt-to-equity ratio of 20.86.

About Trevali Mining

Trevali Mining Corporation, a natural resource company, engages in the acquisition, exploration, development, and production of mineral properties in Peru and Canada. It explores for zinc, lead, silver, copper, and gold deposits. The company primarily holds interests in the Santander property covering an area of 4,455 hectares located on the west-central, Peru; and the Caribou property located in the province of New Brunswick, Canada.

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Earnings History and Estimates for Trevali Mining (TSE:TV)

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