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Trilogy Metals (TSE:TMQ) Reaches New 52-Week High - Should You Buy?

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Trilogy Metals Inc. (TSE:TMQ - Get Free Report) shares reached a new 52-week high during trading on Friday . The stock traded as high as C$2.65 and last traded at C$2.64, with a volume of 96222 shares trading hands. The stock had previously closed at C$2.33.

Wall Street Analyst Weigh In

Separately, Raymond James increased their price objective on shares of Trilogy Metals from C$2.00 to C$2.50 and gave the stock a "market perform" rating in a research note on Monday.

View Our Latest Research Report on TMQ

Trilogy Metals Trading Down 7.8 %

The company has a debt-to-equity ratio of 0.12, a current ratio of 60.98 and a quick ratio of 5.25. The company has a market capitalization of C$306.57 million, a price-to-earnings ratio of -30.39 and a beta of 1.33. The business's 50-day moving average price is C$1.97 and its two-hundred day moving average price is C$1.46.

Trilogy Metals Company Profile

(Get Free Report)

Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States.

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