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Trevali Mining Corp.

Trevali Mining Corp. is a zinc-focused base metals development company. In Canada, it owns the Halfmile zinc-lead-silver mine, the Caribou mine and mill, and the Stratmat polymetallic deposit, all located in the Bathurst Mining Camp of northern New Brunswick. The company also has the Santander mine in Peru and the past-producing Ruttan copper-zinc mine in northern Manitoba. Initial trial production from the Halfmile mine was successfully undertaken in 2012 and underground development is ramping up to achieve a planned production rate of approximately 3 Kmtpd to feed planned operations at the company's Caribou Mill Complex in 2013.

Expert Comments:

Alex Terentiew, Raymond James (5/20/15)
"Trevali Mining Corp. announced that mill commissioning at Caribou has started, setting the stage for a company transformation in H2/15 as it begins to generate free cash flow for the first time. The startup of Caribou so far appears to be going well. . .we reiterate our Outperform rating and CA$1.60 target price on the company."

Derek Macpherson, M Partners (5/20/15)
"Trevali Mining Corp. announced it has started commissioning at Caribou, which is in line with our expectations. . .the company also provided an update on initial mining at Caribou, which we view positively. In particular, underground operations appear to be more efficient than previously thought."

Raymond Goldie, Salman Partners (5/20/15)
"Yesterday, Trevali Mining Corp. announced that 'mill commissioning at its 3 Ktpd Caribou zinc mine. . .has commenced following the recent successful initiation of underground mining. All key mill circuits. . .have been either fully replaced, refurbished or repaired where necessary and are available for commissioning.'"

Peter Campbell, Mackie Research Capital (5/19/15)
"Trevali Mining Corp.'s revenue of $25.9M was slightly above our estimate for Q1/15. . .we believe the market is paying more attention to the startup of the Caribou mine and mill operation, which we estimate will reach full production by 2015E. . .we are maintaining our Buy recommendation."

Kristen Moran, Resource Investing News (5/19/15)
"Trevali Mining Corp. reported that mill commissioning at its Caribou zinc mine in New Brunswick has begun. The initial operation will begin with low-grade materials as the company works to bring the grinding and flotation circuits up to spec. . .Trevali expects that sufficient operational data will be obtained by July or August."

Peter Campbell, Mackie Research Capital (5/19/15)
"Trevali Mining Corp. reported its Q1/15 quarterly results after having previously released Q1/15 production data on April 14, 2015. Revenue of CA$25.9M was slightly above our estimate for the quarter. . .while the company's production guidance for 2015 is essentially unchanged from 2014 production, we believe the market is paying more attention to the start-up of the Caribou mine and mill operation, which we estimate will reach full production by the end of the year."

More Expert Comments

Experts Commenting on This Company

Barry Allan, Vice Chair of Mining Group, and Senior Mining Analyst – Mackie Research Capital
Alberto Arispe, Gerente General – Kallpa Securities S.A.B.
Peter Campbell, Analyst – Mackie Research Capital
Ricardo Carrión, Mng Dir Corp Finance & Cap Mkts – Kallpa Securities S.A.B.
Chris Chang, Equity Research Analyst – Laurentian Bank Securities
Joseph Gallucci, Senior Mining Research Analyst – Dundee Capital Markets
Raymond Goldie, Analyst – Salman Partners
Stefan Ioannou, Mining Analyst – Haywood Securities
Derek Macpherson, Analyst – M Partners
Jason Mayer, Lead Portfolio Manager – Sprott Asset Management
David Morgan, Publisher – Silver Investor
Bill Newman, Senior Analyst, Energy – Mackie Research Capital
Björn Paffrath, Director – Stabilitas-Fonds
Ian Parkinson, Director of Equity Research, Mining – GMP Securities
Philip Richards, Fund Manager – RAB Capital Limited
Alex Terentiew, Mining Analyst – Raymond James
Mark Turner, Analyst – Scotia Capital
Jeff Woolley – Paradigm Capital

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
 
One producing zinc-lead-silver mine in Peru and a second mine in Canada coming online in 2015.
 
All of the mine resources remain open with significant new discoveries.
 
The only primary zinc producer on the TSX, poised to benefit from forecast zinc shortages.
catalyst Calendar
Q1
2015
Q2
2015
Q3
2015
Ramp up Caribou Mine production
Trevali Mining Corp. Content