Trilogy Metals Inc. (TSE:TMQ - Get Free Report) shares rose 3.1% during mid-day trading on Thursday . The stock traded as high as C$2.08 and last traded at C$1.98. Approximately 11,607 shares changed hands during trading, a decline of 46% from the average daily volume of 21,308 shares. The stock had previously closed at C$1.92.
Analyst Upgrades and Downgrades
Several brokerages have commented on TMQ. TD Securities increased their price target on Trilogy Metals from C$2.00 to C$2.25 and gave the company a "hold" rating in a report on Thursday, April 3rd. Raymond James Financial lifted their price objective on Trilogy Metals from C$2.00 to C$2.50 and gave the stock a "market perform" rating in a research report on Monday, March 24th.
Get Our Latest Research Report on Trilogy Metals
Trilogy Metals Trading Up 3.1%
The company has a quick ratio of 5.25, a current ratio of 60.98 and a debt-to-equity ratio of 0.12. The company has a fifty day simple moving average of C$1.91 and a two-hundred day simple moving average of C$1.90. The stock has a market capitalization of C$223.99 million, a P/E ratio of -22.20 and a beta of 1.33.
About Trilogy Metals
(
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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.
Further Reading
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