Trilogy Metals Inc. (NYSEAMERICAN:TMQ - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.00 and traded as high as $1.29. Trilogy Metals shares last traded at $1.24, with a volume of 128,426 shares trading hands.
Trilogy Metals Price Performance
The stock has a market cap of $213.09 million, a P/E ratio of -22.00 and a beta of 1.54.
Institutional Investors Weigh In On Trilogy Metals
A number of institutional investors and hedge funds have recently made changes to their positions in TMQ. Old West Investment Management LLC lifted its position in shares of 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 buying an additional 7,830,209 shares in the last quarter. Wexford Capital LP lifted its holdings in Trilogy Metals by 90.2% during the third quarter. Wexford Capital LP now owns 4,574,292 shares of the mining company's stock worth $2,214,000 after acquiring an additional 2,169,593 shares during the period. Pinnbrook Capital Management LP bought a new stake in Trilogy Metals during the fourth quarter worth $615,000. Finally, Virtu Financial LLC boosted its position in Trilogy Metals by 85.7% in the third 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. Institutional investors and hedge funds own 16.75% of the company's stock.
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.
Featured Articles
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
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
