Trilogy Metals (NYSEAMERICAN:TMQ) Issues Quarterly Earnings Results, Hits Expectations

Trilogy Metals (NYSEAMERICAN:TMQ - Get Free Report) announced its quarterly earnings results on Thursday. The mining company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.01), reports.

Trilogy Metals Trading Up 8.4%

NYSEAMERICAN:TMQ traded up $0.13 during mid-day trading on Thursday, reaching $1.67. The company's stock had a trading volume of 998,580 shares, compared to its average volume of 794,714. Trilogy Metals has a 12-month low of $0.47 and a 12-month high of $2.09. The firm's fifty day moving average price is $1.38 and its two-hundred day moving average price is $1.34. The stock has a market cap of $274.28 million, a P/E ratio of -33.40 and a beta of 1.14.

Analyst Ratings Changes

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

About Trilogy Metals

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.