Trilogy Metals (TSE:TMQ) Reaches New 52-Week High - Here's What Happened

Key Points

• Trilogy Metals' stock reached a new 52-week high of C$2.98 during trading, closing at C$2.96 with a trading volume of 42,867 shares.
• The company has a market capitalization of C$477.94 million and a price-to-earnings ratio of -48.50, indicating it is not currently profitable.
• Trilogy Metals focuses on mineral exploration, particularly in the Ambler mining district in Alaska, through its Upper Kobuk Mineral Projects.

Trilogy Metals Inc. (TSE:TMQ - )'s share price hit a new 52-week high during trading on Thursday . The stock traded as high as C$2.98 and last traded at C$2.96, with a volume of 42867 shares trading hands. The stock had previously closed at C$2.74.

Trilogy Metals Trading Up 6.2%

The company has a 50 day moving average price of C$2.32 and a 200 day moving average price of C$2.11. The firm has a market cap of C$477.94 million, a price-to-earnings ratio of -48.50 and a beta of 1.79. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.25 and a current ratio of 60.98.

Trilogy Metals Company Profile

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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