Wexford Capital LP grew its stake in shares of Trilogy Metals Inc. (NYSEAMERICAN:TMQ - Free Report) by 15.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,282,761 shares of the mining company's stock after acquiring an additional 708,469 shares during the period. Trilogy Metals accounts for 1.0% of Wexford Capital LP's investment portfolio, making the stock its 15th biggest holding. Wexford Capital LP owned 3.27% of Trilogy Metals worth $6,128,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Sprott Inc. lifted its stake in shares of Trilogy Metals by 64.9% in the 4th quarter. Sprott Inc. now owns 2,094,652 shares of the mining company's stock valued at $2,430,000 after purchasing an additional 824,071 shares during the last quarter. Foursixthree Capital LP acquired a new stake in shares of Trilogy Metals in the 4th quarter valued at $2,954,000. Bornite Capital Management LP acquired a new stake in shares of Trilogy Metals in the 4th quarter valued at $812,000. Tidal Investments LLC lifted its stake in shares of 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 during the last quarter. Finally, XTX Topco Ltd lifted its stake in shares of Trilogy Metals by 235.5% in the 4th quarter. XTX Topco Ltd now owns 47,920 shares of the mining company's stock valued at $56,000 after purchasing an additional 33,636 shares during the last quarter. 16.75% of the stock is currently owned by hedge funds and other institutional investors.
Trilogy Metals Stock Performance
Shares of NYSEAMERICAN:TMQ traded down $0.01 on Friday, hitting $1.26. 243,240 shares of the company were exchanged, compared to its average volume of 754,915. Trilogy Metals Inc. has a one year low of $0.42 and a one year high of $2.09. The firm has a market capitalization of $206.56 million, a price-to-earnings ratio of -25.20 and a beta of 1.54. The company's 50 day moving average price is $1.50 and its two-hundred day moving average price is $1.18.
Analyst Ratings Changes
Separately, Raymond James reissued a "market perform" rating on shares of Trilogy Metals in a research report on Monday, March 24th.
Get Our Latest Report on TMQ
Trilogy Metals Profile
(
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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