Trilogy Metals Inc. (NYSEAMERICAN:TMQ - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $1.42. Trilogy Metals shares last traded at $1.42, with a volume of 781,269 shares trading hands.
Trilogy Metals Trading Up 1.4 %
The company has a market capitalization of $232.46 million, a price-to-earnings ratio of -24.00 and a beta of 1.55.
Hedge Funds Weigh In On Trilogy Metals
Hedge funds have recently modified their holdings of the business. Old West Investment Management LLC increased its holdings in Trilogy Metals by 252.7% in the 3rd quarter. Old West Investment Management LLC now owns 10,929,140 shares of the mining company's stock valued at $5,465,000 after purchasing an additional 7,830,209 shares during the last quarter. Wexford Capital LP raised its holdings 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 in the last quarter. Finally, Virtu Financial LLC lifted its position in shares of 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 purchasing an additional 61,683 shares during the last quarter. 16.75% of the stock is currently owned by hedge funds and other institutional investors.
Trilogy Metals Company Profile
(
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.
See Also
Before you consider Trilogy Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trilogy Metals wasn't on the list.
While Trilogy Metals currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
