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To: Goose94 who wrote (50024)10/26/2018 7:51:07 PM
From: Goose94Read Replies (1) | Respond to of 204401
 
Trevali Mining (TV-T) top pick from Peter Imhof on BNN.ca Market Call Friday Oct 26th @ 1200ET

Trevali is a zinc producer with assets in New Brunswick as well as producing assets in Peru, Burkina Faso and Namibia. It's one of very few ways to play zinc in a publicly traded vehicle. The stock has been decimated as of late, with all the other base metal companies. Most recently, they came out with guidance for production from New Brunswick that fell short of expectations and the stock took a 20 per cent hit. The stock looks interesting at current levels as it trades at 0.57 per cent net asset value (NAV) and approximately 2.3 times enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA). Trevali has a strong balance sheet from cash flows as well as from an equity raise at $1.20 for $260 million in 2017. Although we may see continued weakness over the next eight weeks with tax loss selling the risk/reward looks good at current prices.