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:

"Our favorite in the zinc space is Trevali Mining Corp. On Oct. 8, the company announced record Q3/15 production at its Santander mine in Peru. And it is successfully commissioning a second mine in New Brunswick, which will surpass Santander as its leading producer. Trevali has got a pretty low-cost base overall. We expect the shares can at least double from here. . .nobody wants to buy high-cost production after what we've been through, and Trevali has assets in the right place on the supply curve: the top quartile. On that basis, it is a potential takeover candidate." read more >

Stefan Ioannou, Haywood Securities (11/18/15)
"Trevali Mining Corp.'s Q3/15 cash flow per share of CA$0.02 was directly in-line with expectations (IBES analyst consensus and us both at CA$0.02). The financial results were driven by a record 14.8 Mlb payable zinc production at an average total cash cost of $0.48/lb net of credits, reflecting another strong operational quarter at Santander. Annualized 9 months 2015 production in Peru is poised to beat 2015 guidance. "

Jeff Woolley, Paradigm Capital (11/18/15)
"Trevali Mining Corp.'s Q3/15 production was pre-announced in October. Production of ~27 Mlb Zn eq (+5% quarter over quarter) was another record result for the mine, prompting management to increase FY15 guidance ~10% to ~98 Mlb Zn eq. . .we maintain our Buy recommendation."

Ian Parkinson, GMP Securities (11/17/15)
"Trevali Mining Corp. reported Q3/15 results on Nov. 16. . .we determine clean earnings per share of CA$0.00, marginally lower than our estimate of CA$0.01 and in-line with consensus. Clean cash flow per share (before working capital changes) was CA$0.01, also marginally lower than our estimate of CA$0.02 and in-line with consensus. Operational performance at Santander was good. . .the Caribou mill continued to progress."

Alex Terentiew, Raymond James (11/17/15)
"Trevali Mining Corp. previously reported its Q3/15 production results, with Santander outperforming on throughput and production, delivering an all-time-low operating cost at Santander of CA$38.70/t, a 14% reduction quarter over quarter. . .Caribou's underground operations are ramping up well, with mining now at a rate of 1,950 tpd (compared to 1,350 tpd in September) and on schedule to reach 2,500 tpd in Q4/15. . .Glencore provided a grace period on the company's CA$28M finance lease, reducing short-term debt repayments by our estimate of CA$6M."

Joseph Gallucci, Dundee Capital Markets (11/17/15)
"Trevali Mining Corp.'s Q3/15 costs came in below expectations; production results for Q3/15 were pre-released, with Santander producing 14.8 Mlb payable Zn, 7.8 Mlb payable Pb and 286 Koz payable Ag. Ramp-up at Caribou continues to advance well ahead of the PEA schedule, with mining activities currently at 1,950 tpd, up from 1,350 tpd in October."

More Expert Comments

Experts Following This Company

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.
Chad Ellison, Analysts – Dundee Capital Markets
Joseph Gallucci, Senior Mining Research Analyst – Dundee Capital Markets
Raymond Goldie, Analyst – Salman Partners
Wayne Hewgill, Analyst – Mackie Research Capital
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Stefan Ioannou, Mining Analyst – Haywood Securities
Derek Macpherson, Analyst – M Partners
David Morgan, Publisher – Silver Investor
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
Ramp up Caribou Mine production