Q3 2018 EPS Estimates for Trevali Mining Corp Decreased by Cormark (TV)

Trevali Mining Corp (TSE:TV) – Stock analysts at Cormark lowered their Q3 2018 earnings per share estimates for shares of Trevali Mining in a research note issued to investors on Monday, October 29th. Cormark analyst S. Ioannou now forecasts that the company will post earnings per share of $0.00 for the quarter, down from their prior forecast of $0.04. Cormark also issued estimates for Trevali Mining’s FY2018 earnings at $0.12 EPS, Q1 2020 earnings at $0.04 EPS, Q3 2020 earnings at $0.04 EPS and FY2020 earnings at $0.17 EPS.

Trevali Mining (TSE:TV) last released its quarterly earnings data on Wednesday, August 8th. The company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). The company had revenue of C$172.83 million during the quarter, compared to the consensus estimate of C$190.70 million. Trevali Mining had a negative net margin of 9.51% and a negative return on equity of 6.71%.



TV has been the subject of several other reports. TD Securities lowered their price target on Trevali Mining from C$1.20 to C$1.10 and set a “buy” rating for the company in a report on Tuesday, October 23rd. Raymond James lowered their price target on Trevali Mining from C$1.75 to C$1.50 and set an “outperform” rating for the company in a report on Friday, August 10th. Haywood Securities lowered their price target on Trevali Mining from C$1.75 to C$1.50 in a report on Tuesday, October 23rd. Eight Capital lowered their price target on Trevali Mining from C$1.25 to C$1.20 in a report on Tuesday, October 23rd. Finally, BMO Capital Markets restated an “outperform” rating and issued a C$2.00 price target on shares of Trevali Mining in a report on Friday, July 6th. Seven equities research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus target price of C$1.50.

TSE TV opened at C$0.50 on Tuesday. Trevali Mining has a 12 month low of C$0.49 and a 12 month high of C$1.75.

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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