Brokerages Set Trevali Mining Co. (OTCMKTS:TREVF) PT at $0.22

Trevali Mining Co. (OTCMKTS:TREVF) has earned an average rating of “Hold” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $0.22.

Several analysts have recently commented on the stock. Scotiabank lowered their target price on shares of Trevali Mining from $0.25 to $0.20 and set an “underperform” rating for the company in a report on Friday, February 26th. Raymond James increased their target price on shares of Trevali Mining from $0.15 to $0.25 and gave the company a “market perform” rating in a report on Friday, January 15th.

Shares of TREVF stock remained flat at $$0.21 on Wednesday. 204,671 shares of the stock traded hands, compared to its average volume of 178,727. The company’s 50-day moving average is $0.16 and its 200 day moving average is $0.16. Trevali Mining has a 52 week low of $0.04 and a 52 week high of $0.23.

Trevali Mining Company Profile

Trevali Mining Corporation, a base-metals mining company, engages in the acquisition, exploration, and development of mineral properties. It primarily explores for zinc, lead, silver, gold, and copper deposits. The company's operational assets include the 90%-owned Perkoa Mine in Burkina Faso; 90%-owned Rosh Pinah Mine in Namibia; Caribou Mine in the Bathurst mining camp, northern New Brunswick, Canada; and Santander Mine in Peru.

Read More: Return on Investment (ROI)

Analyst Recommendations for Trevali Mining (OTCMKTS:TREVF)

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