OTCPK:TVLMF - Post by User
Comment by
Stairson Aug 18, 2022 8:59am
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Post# 34904282
RE:Some recent analyst comments for Trevali Mining Corporation
RE:Some recent analyst comments for Trevali Mining Corporation * Raymond James’ Brian MacArthur to 25 cents from 80 cents with a “market perform” rating.
“Given Trevali’s high leverage to the zinc price and exploration optionality, we believe that the company offers investors a large option on zinc, but note the company has higher debt,” he said.
Trevali doesn't offer an option on zinc since all production is effectively hedged at $1.25 for the next 75 million lbs of Zn payable, due to Caribou and Perkoa being shut down but the hedge still in place. Also, not sure why the obsession of being a zinc play. Who cares? That strategy hasn't worked and never will, unless you're Reddog mine, then it's fine because then at least you have some control on treatment charges and have actual scale of operations.