Trilogy Metals (TSE:TMQ) Price Target Raised to C$2.50

Trilogy Metals (TSE:TMQ - Free Report) had its target price hoisted by Raymond James from C$2.00 to C$2.50 in a research note published on Monday,BayStreet.CA reports. They currently have a market perform rating on the stock.

Trilogy Metals Price Performance

Shares of TSE:TMQ traded down C$0.11 during midday trading on Monday, hitting C$2.35. 14,556 shares of the stock were exchanged, compared to its average volume of 28,654. The company has a current ratio of 60.98, a quick ratio of 5.25 and a debt-to-equity ratio of 0.12. The company has a 50 day moving average price of C$2.02 and a 200-day moving average price of C$1.49. Trilogy Metals has a twelve month low of C$0.34 and a twelve month high of C$2.98. The stock has a market cap of C$265.84 million, a P/E ratio of -26.35 and a beta of 1.33.

Trilogy Metals Company Profile

Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States.