Shares of Trevali Mining Corp (OTCMKTS:TREVF) dropped 3.3% during trading on Monday . The company traded as low as $0.14 and last traded at $0.15, approximately 74,625 shares were traded during mid-day trading. A decline of 13% from the average daily volume of 85,379 shares. The stock had previously closed at $0.15.
TREVF has been the subject of a number of recent analyst reports. BMO Capital Markets reiterated a “buy” rating on shares of Trevali Mining in a research note on Monday, June 17th. TD Securities cut shares of Trevali Mining from a “buy” rating to a “hold” rating in a research note on Monday, July 22nd.
The stock has a 50 day moving average of $0.19.
Trevali Mining Corporation, a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Burkina Faso, Namibia, Canada, and Peru. It primarily explores for zinc, lead, silver, and copper deposits. The company owns interests in the Perkoa mine located in the Sanguie Province, Burkina Faso; Rosh Pinah mine located in southwestern Namibia; Caribou mine located to the west of Bathurst, New Brunswick, Canada; and Santander mine located to the northeast of Lima, Peru.
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