Shares of Trilogy Metals Inc. (TSE:TMQ - Get Free Report) dropped 2.7% on Tuesday . The company traded as low as C$0.67 and last traded at C$0.72. Approximately 25,666 shares traded hands during trading, an increase of 2% from the average daily volume of 25,246 shares. The stock had previously closed at C$0.74.
Analyst Upgrades and Downgrades
Separately, Raymond James lowered Trilogy Metals from an "outperform" rating to a "market perform" rating and dropped their price target for the company from C$1.25 to C$1.00 in a research report on Tuesday, April 23rd.
Read Our Latest Report on TMQ
Trilogy Metals Price Performance
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 stock's 50 day moving average price is C$0.63 and its two-hundred day moving average price is C$0.62. The firm has a market capitalization of C$115.02 million, a price-to-earnings ratio of -5.14 and a beta of 1.09.
Trilogy Metals (TSE:TMQ - Get Free Report) last announced its earnings results on Wednesday, April 3rd. The company reported C($0.03) EPS for the quarter, missing the consensus estimate of C($0.01) by C($0.02). On average, equities research analysts anticipate that Trilogy Metals Inc. will post -0.07 EPS for the current year.
Trilogy Metals Company Profile
(
Get 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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