Q3 2017 Earnings Forecast for Trevali Mining Corp (TV) Issued By Cormark
Trevali Mining Corp (TSE:TV) – Stock analysts at Cormark cut their Q3 2017 earnings per share (EPS) estimates for shares of Trevali Mining Corp in a research report issued to clients and investors on Tuesday. Cormark analyst S. Ioannou now forecasts that the company will post earnings of $0.01 per share for the quarter, down from their previous forecast of $0.02. Cormark also issued estimates for Trevali Mining Corp’s FY2017 earnings at $0.11 EPS.
TV has been the subject of several other reports. Scotiabank reaffirmed an “outperform” rating and issued a C$2.00 target price on shares of Trevali Mining Corp in a research note on Monday, July 24th. Raymond James Financial, Inc. lifted their target price on shares of Trevali Mining Corp from C$1.80 to C$2.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 12th. Finally, BMO Capital Markets lifted their target price on shares of Trevali Mining Corp from C$2.10 to C$2.20 in a research note on Tuesday, September 26th.
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Trevali Mining Corp (TSE TV) opened at 1.48 on Thursday. The stock has a market capitalization of $598.13 million and a price-to-earnings ratio of 51.03. The company has a 50-day moving average price of $1.47 and a 200 day moving average price of $1.29. Trevali Mining Corp has a 12 month low of $0.91 and a 12 month high of $1.64.
In other Trevali Mining Corp news, insider Anna Man-Yue Ladd sold 50,000 shares of Trevali Mining Corp stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of C$1.50, for a total value of C$75,000.00. Insiders sold a total of 200,000 shares of company stock valued at $296,000 over the last ninety days.
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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