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A statement released earlier today by Scotia Capital about Trevali Mining (TSE:TV) bumps the target price to $2.00

Scotia Capital bumped up the target of Trevali Mining (TSE:TV) to $2.00 stating a potential upside of 0.44%.

Previously on 9/12/2017, Raymond James reported about Trevali Mining (TSE:TV) raised the target price from $1.80 to $2.00. At the time, this indicated a possible upside of 0.37%.

Yesterday Trevali Mining (TSE:TV) traded -5.48% lower at $1.39. The company’s 50-day moving average is $1.38 and its 200-day moving average is $1.26. The last stock close price is up 9.42% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 2,615,183 shares of the stock were exchanged, up from an average trading volume of 2,461,830

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Trevali Mining (TSE:TV)

Trevali Mining has a 52 week low of $0.87 and a 52 week high of $1.60 with a P/E ratio of 47.59 The company’s market cap is currently $0.

In addition to Scotia Capital reporting its target price, a total of 6 firms have issued a report on the stock. The consensus target price is $1.15 with 2 firms rating the stock a strong buy, 4 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Trevali Mining (TSE:TV)

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. The Company, through its subsidiary Trevali Peru S.A.C., operates the Santander underground metallurgical plant and mine located in Peru. It is producing zinc and lead-silver concentrates. In Canada, the Company owns through its subsidiaries, the Caribou mine and mill, the Halfmile mine and the Stratmat polymetallic deposit all located in northern New Brunswick. In Peru, the Company's Santander mine operations are approximately 2,000 ton-per-day. In Canada, the Company continues to focus on the commissioning of the Caribou mine and mill in New Brunswick. Its others exploration projects include Ruttan Copper Project, Manitoba, Canada, and Huampar Project, Peru.

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