Goehring & Rozencwajg Associates LLC lessened its stake in shares of Trilogy Metals Inc. (NYSEAMERICAN:TMQ - Free Report) by 16.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,392,197 shares of the mining company's stock after selling 277,019 shares during the quarter. Goehring & Rozencwajg Associates LLC owned 0.86% of Trilogy Metals worth $1,615,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in TMQ. Old West Investment Management LLC grew its holdings in Trilogy Metals by 252.7% during the 3rd quarter. Old West Investment Management LLC now owns 10,929,140 shares of the mining company's stock worth $5,465,000 after acquiring an additional 7,830,209 shares in the last quarter. Wexford Capital LP boosted its position in shares of Trilogy Metals by 90.2% in the 3rd quarter. Wexford Capital LP now owns 4,574,292 shares of the mining company's stock valued at $2,214,000 after purchasing an additional 2,169,593 shares during the period. Finally, Virtu Financial LLC grew its stake in Trilogy Metals by 85.7% during the 3rd quarter. Virtu Financial LLC now owns 133,678 shares of the mining company's stock worth $65,000 after buying an additional 61,683 shares during the last quarter. Hedge funds and other institutional investors own 16.75% of the company's stock.
Trilogy Metals Stock Performance
Trilogy Metals stock traded down $0.02 during midday trading on Wednesday, hitting $1.24. 133,372 shares of the company's stock were exchanged, compared to its average volume of 293,595. Trilogy Metals Inc. has a 12-month low of $0.25 and a 12-month high of $1.48. The company has a market capitalization of $200.17 million, a P/E ratio of -20.67 and a beta of 1.54.
About Trilogy Metals
(
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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