RBC Capital Reaffirms Their Hold Rating on Trevali Mining (TREVF)

By Austin Angelo

In a report issued on October 1, Sam Crittenden from RBC Capital maintained a Hold rating on Trevali Mining (TREVFResearch Report), with a price target of C$0.20. The company’s shares closed last Friday at $0.10.

According to TipRanks.com, Crittenden is a 2-star analyst with an average return of 0.6% and a 45.6% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Turquoise Hill Resources, First Quantum Minerals, and Nexa Resources SA.

The word on The Street in general, suggests a Hold analyst consensus rating for Trevali Mining with a $0.15 average price target, a 51.5% upside from current levels. In a report issued on September 24, Raymond James also maintained a Hold rating on the stock with a C$0.15 price target.

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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.