Raymond James Sticks to Its Hold Rating for Trevali Mining (TREVF)

By Ryan Adsit

Raymond James analyst Brian MacArthur maintained a Hold rating on Trevali Mining (TREVFResearch Report) yesterday and set a price target of C$0.10. The company’s shares closed last Wednesday at $0.07, close to its 52-week low of $0.04.

According to TipRanks.com, MacArthur is a 2-star analyst with an average return of -0.1% and a 45.6% success rate. MacArthur covers the Basic Materials sector, focusing on stocks such as Osisko Gold Royalties, Trilogy Metals, and Teck Resources.

Trevali Mining has an analyst consensus of Hold, with a price target consensus of $0.07.

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The company has a one-year high of $0.22 and a one-year low of $0.04. Currently, Trevali Mining has an average volume of 206.4K.

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Trevali Mining Corp. engages in the acquisition, exploration, development and production of mineral properties. It focuses on the production of zinc and lead-silver concentrates from its Santander Mine in Peru, its Caribou Mine in the Bathurst Mining Camp, northern New Brunswick, Canada, its Rosh Pinah Mine in Namibia and producing zinc concentrates from its Perkoa Mine in Burkina Faso. The company was founded by Mark D. Cruise on December 31, 1993 and is headquartered in Vancouver, Canada.