Trevali Mining (OTCMKTS:TREVF)‘s stock had its “hold” rating restated by Royal Bank of Canada in a research report issued to clients and investors on Monday, AnalystRatings.com reports. They presently have a $0.10 target price on the stock. Royal Bank of Canada’s price objective points to a potential upside of 64.47% from the company’s current price.
Other equities analysts also recently issued research reports about the company. Scotiabank reiterated a “sell” rating and set a $0.10 price target on shares of Trevali Mining in a report on Sunday, March 29th. CIBC lowered their price target on Trevali Mining from $0.15 to $0.03 and set an “underperform” rating on the stock in a report on Wednesday, April 1st. BMO Capital Markets downgraded Trevali Mining from an “outperform” rating to a “market perform” rating and set a $0.25 price target on the stock. in a report on Thursday, March 26th. Finally, Raymond James reiterated a “hold” rating and set a $0.10 price target on shares of Trevali Mining in a report on Tuesday, March 31st. Two analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The company has an average rating of “Hold” and an average target price of $0.13.
Shares of TREVF opened at $0.06 on Monday. Trevali Mining has a twelve month low of $0.04 and a twelve month high of $0.23. The firm’s 50 day moving average price is $0.06 and its 200 day moving average price is $0.10.
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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