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Experts Commenting on This Company

 

Revett Minerals Inc.

TICKER: RVM:TSX; RMV:NYSE.A

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Revett Minerals Inc. is an established silver and copper producer that owns and operates the Troy Mine in Montana. The company is also advancing the Rock Creek Project in northwestern Montana, a major world-class development stage deposit containing an Inferred resource of 229 Moz. silver and 2 Blb. copper. Revett plans to become a solid, mid-tier precious and base metals producer, based on proven production from the Troy Mine and an unwavering determination to develop the significant potential at the Rock Creek Project.

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

Christos Doulis, Stonecap Securities (1/24/12) "We continue to believe that Revett Minerals Inc. offers substantial value to shareholders, with the Troy Mine generating immediate cash flow and Rock Creek providing long-term value and substantial growth potential. . .we are maintaining our Outperform rating."

The Gold Report Interview with Michael Berry (1/8/12) "Revett Minerals Inc. produced 3 Moz silver equivalent and earned about $16M in the third quarter. The company also recently announced a $20M revolving line of credit from Société Générale. It produces the best copper-silver concentrate in the country from its Troy mine in Montana. The mine has a perpetual seven-year life because it keeps finding more copper and silver resources as it mines. It's building in production and the kind of liquidity and strength it will need to manage any economic downturn.

We visited the company in early September. The management team is very much together. It got a good ruling from the Ninth Circuit Court of Appeals on the environmental impact of Rock Creek. . .It has 229 Moz silver and a couple billion pounds of copper in virtually identical geology to the currently operating Troy mine. There's a good chance the company will be able to mine Rock Creek within the next couple of years. Revett should prosper and could be the target of a takeout. It's a very positive situation."

Jeff Wright, Global Hunter Securities (12/20/11) "Revett Minerals Inc. released 2012 production and cash cost guidance of 1.40 Moz silver and 11.5 Mlb copper, with an estimated co-product basis of $13.79/oz silver. . .we continue to like the company given its strong balance sheet, leverage to silver production and large project potential. We are reiterating our Buy recommendation and $8 price target."

Christos Doulis, Stonecap Securities (12/13/11) "Revett Minerals Inc. announced a revolving credit facility with Societe Generale: a US$20 million credit facility subject to interest at the LIBOR plus 350 basis points for an initial three-year term; the credit facility may be increased to US$30 million under specified circumstances; with current cash balances of around $20 million, the facility provides Revett with significant financial flexibility to execute concurrently on both I Bed development at Troy and Phase I of Rock Creek. . .we maintain our Outperform rating and $8.60 price target."

Christos Doulis, Stonecap Securities (11/17/11) "Revett Minerals Inc.'s Q311 financial results highlights include: Production of 402.7 Koz Ag and 3.3 Mlb Cu, cash costs of $4.34/oz Ag (net of Cu credits), record mill throughput of 4,370 tpd (the highest quarterly average since operations recommenced in 2004), cash from operations of $8.4M ($0.22/share) for the quarter and $19.1M ($0.52/share) for the nine months, net income of $2.6M ($0.07/share) and working capital of $23.5M at quarter's end. . .the Ninth Circuit Court of Appeals provided a positive ruling relating to the Endangered Species Act appeal filed by the Rock Creek Alliance and other environmental groups. . .we are increasing our target to $8.60 from $7 and maintaining our Outperform rating."

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