BMO Capital Markets Raises Trevali Mining Corp Price Target, Receives Multiple “Outperform” Ratings

Trevali Mining Corp Price Target

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.

Featured Image: Depositphotos/© nikitos1977

About the author: Jennifer is a University of Western Ontario graduate with a degree in International Business. She strives to excel as a content creator in the digital sphere, working with clients in the Finance and Tech industry to leverage clickable taglines, images, and articles in driving traffic. When not writing, Jennifer enjoys photography, copywriting, and video production.