Trevali Mining Corp Receives ‘Outperform’ Rating From Scotiabank

Trevali Mining Corp Receives 'Outperform' Rating From Scotiabank

In a research report released Tuesday, Trevali Mining Corp (TSXV:$TV) received “Outperform” rating from Scotiabank. They also set a price target of $2.00.

Trevali Mining Corp is a Canadian mining company that is currently engaged in the acquisition, exploration, development, and production of mineral properties across both Canada and Peru.

Multiple other firms have also recently weighed in on the company;

  • Raymond James Financial Inc. (NYSE:$RJF); In a research report on Tuesday, September 12th, Raymond James gave the stock an ‘Outperform’ rating and increased their target price from C$1.80 to C$2.00.
  • BMO Capital Markets; In a report from Thursday, September 14th, BMO gave the stock an ‘Outperform’ rating and increased their price target from C$2.00 to C$2.10.

On Tuesday, shares of Trevali Mining Corp opened at $1.47. The company currently has a 52 week low of $0.91 and a 52 week high of $1.64. They also have a 50 day moving average of $1.48 and a 200 day moving average of $1.29. Their market cap currently sits at $594.09. They hold a P/E ratio of 50.69.

In other news, insider Anna Man-Yue Ladd sold 50,000 shares for an average price of C$1.40 and a total sale price of $70,000.00. The sale was dated Thursday, September 28th. Over the past 3 months, insiders have sold 200,000 shares of the company, worth $296,000.

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