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Trilogy Metals (TSE:TMQ) Price Target Raised to C$1.50 at TD Securities

Trilogy Metals logo with Basic Materials background

Trilogy Metals (TSE:TMQ - Free Report) had its price target lifted by TD Securities from C$0.75 to C$1.50 in a research note published on Friday morning,BayStreet.CA reports. The firm currently has a hold rating on the stock.

Trilogy Metals Trading Up 34.4 %

Shares of Trilogy Metals stock traded up C$0.45 on Friday, reaching C$1.76. 369,698 shares of the company were exchanged, compared to its average volume of 28,278. Trilogy Metals has a fifty-two week low of C$0.34 and a fifty-two week high of C$1.85. The firm has a market capitalization of C$282.57 million, a price-to-earnings ratio of -16.00 and a beta of 1.33. The company has a current ratio of 30.42, a quick ratio of 5.25 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average price of C$0.85 and a 200-day moving average price of C$0.76.

Trilogy Metals (TSE:TMQ - Get Free Report) last posted its quarterly earnings data on Tuesday, October 8th. The company reported C($0.01) EPS for the quarter, meeting analysts' consensus estimates of C($0.01). On average, analysts expect that Trilogy Metals will post -0.07 EPS for the current year.

About Trilogy Metals

(Get Free Report)

Trilogy Metals Inc, a base metals exploration company, engages in the exploration and development of mineral properties in the United States. The company explores for copper, cobalt, lead, zinc, gold, and silver properties. It principally holds interests in the Upper Kobuk mineral projects that include the Arctic, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite that contains carbonate-hosted copper - cobalt deposits covering an area of approximately 448,217 acres located in the Ambler mining district in Northwest Alaska.

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