Trevali Mining Co. (OTCMKTS:TREVF) Sees Significant Drop in Short Interest

Trevali Mining Co. (OTCMKTS:TREVF – Get Rating) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 43,400 shares, a drop of 54.2% from the March 31st total of 94,800 shares. Based on an average daily trading volume, of 38,300 shares, the short-interest ratio is presently 1.1 days.

OTCMKTS TREVF opened at $0.87 on Friday. The company has a market cap of $86.28 million, a P/E ratio of 2.91 and a beta of 2.93. The stock has a 50-day moving average of $1.10 and a two-hundred day moving average of $1.28. Trevali Mining has a 1-year low of $0.79 and a 1-year high of $2.29.

Trevali Mining (OTCMKTS:TREVF – Get Rating) last posted its quarterly earnings data on Friday, February 25th. The company reported $0.01 EPS for the quarter. The business had revenue of $90.78 million during the quarter. Trevali Mining had a net margin of 7.58% and a return on equity of 5.36%.

TREVF has been the topic of a number of recent analyst reports. Scotiabank decreased their price objective on Trevali Mining from C$1.50 to C$1.00 in a report on Tuesday, April 19th. Canaccord Genuity Group lowered Trevali Mining from a “hold” rating to a “sell” rating in a research note on Tuesday, January 25th. Raymond James cut their price objective on Trevali Mining from C$2.50 to C$2.25 in a research report on Tuesday, March 1st. TD Securities decreased their target price on shares of Trevali Mining from C$2.25 to C$1.75 in a research report on Monday, February 28th. Finally, National Bank Financial dropped their price target on shares of Trevali Mining from C$2.20 to C$1.90 in a research report on Tuesday, April 19th. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $1.98.

Trevali Mining Company Profile (Get Rating)

Trevali Mining Corporation, a base-metals mining company, engages in the acquisition, exploration, development of, and production from mineral properties. It primarily explores for zinc, lead, silver, copper, and gold deposits. The company's operational assets include the 90%-owned Perkoa Mine in Burkina Faso; 90%-owned Rosh Pinah Mine in Namibia; and Caribou Mine in northern New Brunswick, Canada.

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