According to a report from Cormark from Tuesday, Trevali Mining Corp (TSXV:TV) will post $0.12 per share for the year. This is an increase on the previous prediction of $0.11 per share. Cormark also forecasts earnings to hit $0.09 EPS in Q4 2017, $0.06 EPS in Q1 2018, $0.06 EPS in Q2 2018, $0.06 EPS in Q3 2018, $0.06 EPS in Q4 2018, and $0.26 EPS in FY 2018.
TV is a Canada based natural resource company that engages in acquisition, development, production, and exploration for mineral focused properties. Their holdings include property in Canada, as well as interest in a property in Peru with an option of a second Peruvian property.
Cormark is not the only research firm talking about TV, however. BMO Capital Markets gave the company an ‘Outperform’ rating and set the target market price at $2.10 on Thursday, September 14th. On Monday, August 14th, Scotiabank restated an ‘Outperform’ and set a target market price of $2.00. Raymond James Financial, Inc. gave the company an ‘Outperform’ rating on Tuesday, September 12th, and raised their target market price from $1.80 to $2.00. Lastly, TD Securities started coverage of TV on Friday, June 2nd, awarding the company a ‘Buy’ rating with a $1.90 target market price.
On September 1, Anna Man-Yue sold 100,000 shares of the firm for a value of $151,000.00 with an average price of $1.51.
On Wednesday, shares of the company’s stock opened at 1.39. The company has had a 1-year high of $1.60. Their moving average price is $1.39 and $1.26 for 50 days and 200 days respectively. Their market cap is $561.76.
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