Two Sigma Investments LP Takes Position in Trilogy Metals Inc. (NYSEAMERICAN:TMQ)

Two Sigma Investments LP bought a new position in Trilogy Metals Inc. (NYSEAMERICAN:TMQ - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 358,612 shares of the mining company's stock, valued at approximately $416,000. Two Sigma Investments LP owned 0.22% of Trilogy Metals at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Tidal Investments LLC increased its holdings in Trilogy Metals by 73.5% in the 4th quarter. Tidal Investments LLC now owns 1,848,427 shares of the mining company's stock valued at $2,144,000 after purchasing an additional 782,929 shares in the last quarter. Foursixthree Capital LP acquired a new stake in shares of Trilogy Metals during the fourth quarter valued at about $2,954,000. XTX Topco Ltd grew its stake in shares of Trilogy Metals by 235.5% during the fourth quarter. XTX Topco Ltd now owns 47,920 shares of the mining company's stock valued at $56,000 after acquiring an additional 33,636 shares in the last quarter. Bornite Capital Management LP acquired a new stake in shares of Trilogy Metals during the fourth quarter valued at about $812,000. Finally, Sprott Inc. grew its stake in shares of Trilogy Metals by 64.9% during the fourth quarter. Sprott Inc. now owns 2,094,652 shares of the mining company's stock valued at $2,430,000 after acquiring an additional 824,071 shares in the last quarter. 16.75% of the stock is owned by hedge funds and other institutional investors.

Trilogy Metals Trading Down 2.3%

NYSEAMERICAN TMQ traded down $0.03 during trading hours on Friday, reaching $1.25. The company's stock had a trading volume of 204,448 shares, compared to its average volume of 766,537. The business has a 50-day simple moving average of $1.40 and a 200 day simple moving average of $1.21. Trilogy Metals Inc. has a 52 week low of $0.42 and a 52 week high of $2.09. The stock has a market cap of $204.93 million, a PE ratio of -25.00 and a beta of 1.54.

Analysts Set New Price Targets

Separately, Raymond James reaffirmed a "market perform" rating on shares of Trilogy Metals in a research report on Monday, March 24th.

Trilogy Metals Profile

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.