Trilogy Metals Inc. (NYSEAMERICAN:TMQ - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.29 and traded as high as $1.60. Trilogy Metals shares last traded at $1.59, with a volume of 467,486 shares changing hands.
Trilogy Metals Trading Down 0.6 %
The company has a market cap of $259.03 million, a P/E ratio of -31.60 and a beta of 1.54. The firm's fifty day moving average price is $1.30.
Hedge Funds Weigh In On Trilogy Metals
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. XTX Topco Ltd grew its holdings in Trilogy Metals by 235.5% during the fourth quarter. XTX Topco Ltd now owns 47,920 shares of the mining company's stock worth $56,000 after purchasing an additional 33,636 shares during the period. Virtu Financial LLC grew its holdings in Trilogy Metals by 85.7% during 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 period. Total Wealth Planning & Management Inc. bought a new position in Trilogy Metals during the fourth quarter worth about $119,000. Two Sigma Advisers LP bought a new position in Trilogy Metals during the fourth quarter worth about $221,000. Finally, Two Sigma Investments LP bought a new position in Trilogy Metals during the fourth quarter worth about $416,000. Institutional investors own 16.75% of the company's stock.
About Trilogy Metals
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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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