Trevali Mining Corp (OTC:$TREVF) is a Canada-based natural resource company, engaged in the acquisition, exploration, development, and production of mineral properties. It holds around four properties in Canada, with additional interest in properties in Peru.
Analysts at BMO Capital Markets raised Trevali Mini Corp’s price target from C$2.00 to C$2.10 in a research report. The brokerage presently has an “outperform” rating on the stock. Further, analysts speculate that there could be a potential upside of 52.17% from the stock’s previous close.
Similarly, analysts at other companies have also issued similar reports. Raymond James Financial Inc increased their price objective from C$1.80 to C$2.00 and recommended an “outperform” rating. Scotiabank also recommended an “outperform” rating and set a C$2.00 price objective.
As of Thursday morning trading, Trevali Mining Corp traded up 1.45%, reaching $1.40. Additionally, 2,050,047 shares of the company’s stock were exchanged.
Further, Anna Man-Yue, an insider of the company, sold 100,000 of the firm’s stock last Friday. The shares were sold at an average price of C$1.51, totaling $151,000.00.
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