| Streetwise Reports Examines How A Target Price Increased as Zinc Producer Closes Acquisition | |
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SAN FRANCISCO, CA--(Marketwired - September 18, 2017) - Raymond James raised its target price on this base metals mining company and analyzed what the new asset could offer in terms of production. Company included in article: Trevali Mining Corp. (TV.TO) (TV) (TREVF) A Sept. 11 research report announced that following a site visit to Trevali Mining Corp.'s (TV.TO) (TV) (TREVF) past-producing Rosh Pinah zinc mine in Namibia, Raymond James raised its "target price to CA$2/share from CA$1.80/share to reflect the longer mine life and higher throughput," wrote analyst Brian MacArthur. Today, the Rosh Pinah mine could run for about 7.5 years solely on "current reserves of about 5Mt grading 8.8% zinc, 1.45% lead and 20.7 g/t silver" or for roughly 15 years were Measured and Indicated (M&I) and Inferred resources to be incorporated as well, MacArthur explained. However, he emphasized that "drilling has the potential to add more resources," which "could increase the mine life and/or support higher production...future drilling is targeting higher grade zinc, and regionally we expect over 5 Mt could be added." Continue reading this article: Target Price Increased as Zinc Producer Closes Acquisition About Streetwise Reports/The Gold Report Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. DISCLOSURE: The following companies mentioned in this article are sponsors of Streetwise Reports Trevali Mining Corp. Reports does not accept stock in exchange for its services. The full disclosure is provided at the end of the published article: Target Price Increased as Zinc Producer Closes Acquisition |
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Trevali Mining Corp.
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PRODUCER |
CODE : TV.TO |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Trevali Mining is a zinc and lead producing company based in Canada. Trevali Mining produces zinc, lead, copper in Canada, develops copper, lead, silver and zinc in Peru. Its main asset in production is RUTTAN in Canada and its main asset in development is SANTANDER in Peru. Trevali Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 84.8 millions as of today (US$ 67.8 millions, € 68.5 millions). Its stock quote reached its highest recent level on January 21, 2011 at CA$ 2.51, and its lowest recent point on May 29, 2020 at CA$ 0.06. Trevali Mining has 403 620 000 shares outstanding. |