Trilogy Metals (TSE:TMQ) Given New C$1.25 Price Target at Raymond James

Trilogy Metals (TSE:TMQ - Get Free Report) had its price objective reduced by analysts at Raymond James from C$1.50 to C$1.25 in a research note issued on Thursday, BayStreet.CA reports. Raymond James' price objective would suggest a potential upside of 145.10% from the company's current price.

Separately, National Bankshares decreased their price objective on Trilogy Metals from C$1.00 to C$0.75 and set a "sector perform" rating for the company in a report on Monday, January 8th.

Trilogy Metals Stock Performance

TMQ traded down C$0.02 on Thursday, reaching C$0.51. 79,966 shares of the stock were exchanged, compared to its average volume of 25,675. The company's 50-day moving average price is C$0.64 and its 200 day moving average price is C$0.63. Trilogy Metals has a fifty-two week low of C$0.34 and a fifty-two week high of C$0.93. The company has a debt-to-equity ratio of 0.02, a current ratio of 6.20 and a quick ratio of 5.25. The firm has a market capitalization of C$81.47 million, a PE ratio of -3.64 and a beta of 1.09.

Trilogy Metals (TSE:TMQ - Get Free Report) last issued its quarterly earnings results on Friday, February 9th. The company reported C($0.01) EPS for the quarter, hitting analysts' consensus estimates of C($0.01). As a group, sell-side analysts forecast that Trilogy Metals will post -0.07 EPS for the current fiscal year.

Insider Activity

In other news, Senior Officer Elaine Sanders sold 56,885 shares of the business's stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of C$0.46, for a total value of C$26,195.54. Insiders sold a total of 72,351 shares of company stock valued at $33,085 in the last quarter. 17.12% of the stock is currently owned by company insiders.

Trilogy Metals Company 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.