Scotiabank Trims Trevali Mining (TSE:TV) Target Price to C$2.00

Trevali Mining (TSE:TV) had its target price cut by research analysts at Scotiabank from C$2.25 to C$2.00 in a research note issued on Thursday, November 16th. The firm presently has an “outperform” rating on the stock. Scotiabank’s price objective suggests a potential upside of 47.06% from the stock’s current price.

Several other brokerages have also recently issued reports on TV. Raymond James Financial upped their price target on Trevali Mining from C$1.80 to C$2.00 and gave the company an “outperform” rating in a research note on Tuesday, September 12th. BMO Capital Markets upped their price target 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.

Shares of Trevali Mining (TSE TV) traded down C$0.03 on Thursday, hitting C$1.36. The company had a trading volume of 1,773,871 shares, compared to its average volume of 2,343,653. Trevali Mining has a 52-week low of C$1.03 and a 52-week high of C$1.64.

In other news, insider Anna Man-Yue Ladd sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of C$1.50, for a total value of C$75,000.00. Also, Director Russell David Ball purchased 31,000 shares of Trevali Mining stock in a transaction dated Thursday, November 23rd. The stock was acquired at an average cost 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.

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