Trevali Mining Corp (TSE:TV)’s share price was up 5.8% during mid-day trading on Wednesday . The company traded as high as C$1.47 and last traded at C$1.45. Approximately 2,898,790 shares changed hands during trading, an increase of 1% from the average daily volume of 2,858,050 shares. The stock had previously closed at C$1.37.
A number of equities analysts have recently issued reports on TV shares. BMO Capital Markets increased their price target on Trevali Mining Corp from C$2.00 to C$2.10 and gave the stock an “outperform” rating in a research report on Thursday, September 14th. Scotiabank reaffirmed an “outperform” rating and set a C$2.00 price objective on shares of Trevali Mining Corp in a research report on Monday, August 14th. Finally, Raymond James Financial, Inc. raised their price objective on Trevali Mining Corp from C$1.80 to C$2.00 and gave the company an “outperform” rating in a research report on Tuesday, September 12th.
In related news, insider Anna Man-Yue Ladd sold 100,000 shares of the business’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of C$1.51, for a total value of C$151,000.00. Insiders sold a total of 200,000 shares of company stock worth $296,000 in the last quarter.
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About Trevali Mining Corp
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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