Trekor Metals' Florence mine delays cut share value by 4 cents; shares undervalued vs peers, target $10.54.

Trekor Metals announced a three-month delay at its Florence mine, reducing its net asset value by about four cents per share. Despite this setback, the company's shares trade at a significant discount compared to peers like Ero, Hudbay, and Freeport, with a risk-adjusted NAV around $11.50 per share at current copper prices. The analyst recommends buying Trekor Metals with a price target of $10.54, noting that the 2027 acid contract will be a key factor to watch for future performance.

Trekor Metals shares trade at USD 7.34 on Pluang as of Oct 23, 2026 10:11 WIB, down 7.79% in one day. The stock's market cap stands at $2.91 billion, with a 52-week high of $9.68 and a low of $3.88. Typical holding time for TGB on Pluang is 8 days, reflecting active investor interest despite recent setbacks.