Insider Buying: Trevali Mining Corp (TV) Insider Buys 38,000 Shares of Stock

Trevali Mining Corp (TSE:TV) insider Daniel Marinov acquired 38,000 shares of the firm’s stock in a transaction on Monday, December 17th. The stock was purchased at an average price of C$0.40 per share, with a total value of C$15,200.00.

Shares of TV stock traded down C$0.01 during trading hours on Monday, hitting C$0.44. 495,499 shares of the company were exchanged, compared to its average volume of 2,273,559. The company has a quick ratio of 0.72, a current ratio of 1.09 and a debt-to-equity ratio of 27.18. Trevali Mining Corp has a 52-week low of C$0.32 and a 52-week high of C$1.26. The firm has a market cap of $360.92 million and a P/E ratio of -1.61.

Trevali Mining (TSE:TV) last issued its quarterly earnings results on Wednesday, February 20th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.04 by C($0.02). The firm had revenue of C$163.11 million for the quarter, compared to the consensus estimate of C$174.23 million. As a group, equities analysts expect that Trevali Mining Corp will post 0.0606451612903226 EPS for the current year.

Several equities research analysts have commented on TV shares. Canaccord Genuity decreased their price objective on shares of Trevali Mining from C$1.25 to C$1.00 in a research note on Tuesday, January 8th. National Bank Financial decreased their price objective on shares of Trevali Mining from C$0.80 to C$0.70 and set an “outperform” rating for the company in a research note on Monday, January 14th. BMO Capital Markets restated an “outperform” rating and set a C$0.80 price target on shares of Trevali Mining in a research note on Wednesday, January 9th. Royal Bank of Canada lowered shares of Trevali Mining from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from C$1.00 to C$0.60 in a research note on Friday, January 18th. Finally, Raymond James restated an “outperform” rating and set a C$0.60 price target on shares of Trevali Mining in a research note on Friday, February 22nd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of C$0.72.

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Trevali Mining Company Profile

Trevali Mining Corporation, a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Burkina Faso, Namibia, Canada, and Peru. It primarily explores for zinc, lead, silver, and copper deposits. The company owns interests in the Perkoa mine located in the Sanguie Province, Burkina Faso; Rosh Pinah mine located in southwestern Namibia; Caribou mine located to the west of Bathurst, New Brunswick, Canada; and Santander mine located to the northeast of Lima, Peru.

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Insider Buying and Selling by Quarter for Trevali Mining (TSE:TV)

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