Cormark Comments on Trevali Mining Corp’s FY2018 Earnings (TV)

Trevali Mining Corp (TSE:TV) – Cormark raised their FY2018 earnings per share estimates for Trevali Mining in a report issued on Wednesday. Cormark analyst S. Ioannou now anticipates that the company will earn $0.31 per share for the year, up from their previous forecast of $0.26.

Several other research firms have also weighed in on TV. BMO Capital Markets increased their target price on Trevali Mining from C$2.00 to C$2.10 and gave the company an “outperform” rating in a research note on Thursday, September 14th. Scotiabank reissued an “outperform” rating and issued a C$2.00 target price on shares of Trevali Mining in a research note on Tuesday, October 17th.

Trevali Mining (TSE:TV) remained flat at $C$1.52 during trading on Thursday. 1,562,754 shares of the stock were exchanged, compared to its average volume of 1,517,170. The firm has a market cap of $1,290.00, a P/E ratio of 152.00 and a beta of 2.77. Trevali Mining has a 52-week low of C$1.03 and a 52-week high of C$1.64.

In other Trevali Mining news, Director Russell David Ball purchased 31,000 shares of the company’s stock in a transaction dated Thursday, November 23rd. The shares were bought at an average price of C$1.44 per share, with a total value of C$44,640.00.

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Trevali Mining Company Profile

Trevali Mining Corporation is a Canada-based natural resource company. The Company is engaged in the acquisition, exploration, development and production from mineral properties. The Company holds approximately four properties in Canada and has an interest in a property in Peru with an option on a second Peruvian property.

Earnings History and Estimates for Trevali Mining (TSE:TV)

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