Trevali Mining Corp to Post Q2 2017 Earnings of $0.06 Per Share, Cormark Forecasts (TSE:TV)
Trevali Mining Corp (TSE:TV) – Research analysts at Cormark reduced their Q2 2017 EPS estimates for shares of Trevali Mining Corp in a report issued on Tuesday. Cormark analyst S. Ioannou now forecasts that the company will post earnings of $0.06 per share for the quarter, down from their previous estimate of $0.10. Cormark also issued estimates for Trevali Mining Corp’s FY2017 earnings at $0.16 EPS and FY2018 earnings at $0.29 EPS.
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A number of other brokerages have also recently issued reports on TV. Scotiabank reissued an “outperform” rating and issued a C$2.00 target price on shares of Trevali Mining Corp in a report on Monday. TD Securities began coverage on Trevali Mining Corp in a report on Friday, June 2nd. They issued a “buy” rating and a C$1.90 target price for the company. Six investment analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus price target of C$1.62.
Shares of Trevali Mining Corp (TV) opened at 1.34 on Wednesday. Trevali Mining Corp has a 12-month low of $0.77 and a 12-month high of $1.57. The stock has a market capitalization of $540.85 million and a P/E ratio of 47.86. The firm’s 50-day moving average price is $1.22 and its 200 day moving average price is $1.24.
Trevali Mining Corp 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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