Trevali Mining (TV) Receives a Buy from BMO Capital

By Ryan Adsit

Trevali Mining (TVResearch Report), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. The company received a Buy rating from BMO Capital’s analyst Jackie Przybylowski, with a C$0.60 price target.

According to TipRanks.com, Przybylowski has 0 stars on 0-5 star ranking scale with an average return of -10.5% and a 23.3% success rate. Przybylowski covers the Basic Materials sector, focusing on stocks such as Trevali Mining Corporation, First Quantum Minerals Ltd, and Teck Resources Limited.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trevali Mining with a C$0.60 average price target.

Based on Trevali Mining’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of C$20.56 million. In comparison, last year the company had a net profit of C$33.58 million.

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$0.26.