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Trilogy Metals (TSE:TMQ) Trading Down 1.2% - What's Next?

Trilogy Metals logo with Basic Materials background

Trilogy Metals Inc. (TSE:TMQ - Get Free Report) fell 1.2% during mid-day trading on Friday . The stock traded as low as C$1.67 and last traded at C$1.67. 3,000 shares changed hands during trading, a decline of 75% from the average session volume of 11,825 shares. The stock had previously closed at C$1.69.

Wall Street Analysts Forecast Growth

Separately, TD Securities raised their target price on shares of Trilogy Metals from C$0.75 to C$1.50 and gave the stock a "hold" rating in a research note on Friday, November 15th.

Read Our Latest Research Report on TMQ

Trilogy Metals Stock Performance

The company has a current ratio of 30.42, a quick ratio of 5.25 and a debt-to-equity ratio of 0.02. The firm has a fifty day moving average price of C$1.49 and a 200 day moving average price of C$1.00. The firm has a market cap of C$268.12 million, a PE ratio of -15.18 and a beta of 1.33.

Trilogy Metals (TSE:TMQ - Get Free Report) last posted its earnings results on Tuesday, October 8th. The company reported C($0.01) earnings per share for the quarter, meeting the consensus estimate of C($0.01). As a group, equities research analysts expect that Trilogy Metals Inc. will post -0.07 earnings per share for the current fiscal year.

About Trilogy Metals

(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.

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