Raymond James Thinks Trevali Mining’s Stock is Going to Recover

By Jason Carr

In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Trevali Mining (TVResearch Report). Today, analyst Brian MacArthur gave a Buy rating to TV and set a C$0.55 price target.

According to TipRanks.com, MacArthur is ranked 0 out of 5 stars with an average return of -2.4% and a 41.3% success rate. MacArthur covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Trevali Mining Corporation, and Osisko Gold Royalties Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trevali Mining with a C$0.54 average price target.

Trevali Mining’s market cap is currently C$282.4M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.45.

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.

The company’s shares closed on Monday at C$0.37, close to its 52-week low of C$0.32.