Stocks of Trilogy Metals Inc. (AMEX:TMQ) traded higher last session on Wall Street, up 0.42% to $0.56.
According to the data, Trilogy Metals Inc. (AMEX:TMQ) has 6 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $1.68 and a low of $0.73, we find $1.29. Given the previous closing price of $0.55, this indicates a potential upside of 134.55 percent. TMQ stock price is now -1.13% away from the 50-day moving average and -25.65% away from the 200-day moving average. The market capitalization of the company currently stands at $107.44M.
A total of 3 analysts have issued a hold rating and 1 have given it a buy rating. Brokers who have rated the stock have averaged $1.22 as their price target over the next twelve months.
, while ‘Scotiabank’ rates the stock as ‘Sector Perform’.
In other news, Sanders Elaine, VP and CFO sold 25,000 shares of the company’s stock on Dec 01. The stock was sold for $15,000 at an average price of $0.60. Upon completion of the transaction, the VP and CFO now directly owns 1,652,362 shares in the company, valued at $0.93 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 12, VP and CFO Sanders Elaine sold 1,000 shares of the business’s stock. A total of $680 was realized by selling the stock at an average price of $0.68. This leaves the insider owning 1,603,564 shares of the company worth $0.9 million. Insiders disposed of 240,568 shares of company stock worth roughly $0.13 million over the past 1 year. A total of 20.08% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in TMQ stock. A new stake in Trilogy Metals Inc. shares was purchased by HRT FINANCIAL LP during the first quarter worth $7,000. CORECAP ADVISORS, LLC invested $1,000 in shares of TMQ during the first quarter. In total, there are 55 active investors with 45.83% ownership of the company’s stock.
Tuesday’s opening bell rang with an opening price of $0.5510 for Trilogy Metals Inc. (AMEX: TMQ). During the past 12 months, Trilogy Metals Inc. has had a low of $0.50 and a high of $1.70. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 5.20, and a quick ratio of 5.20. The fifty day moving average price for TMQ is $0.5632 and a two-hundred day moving average price translates $0.7484 for the stock.
The latest earnings results from Trilogy Metals Inc. (AMEX: TMQ) was released for Aug, 2022.
Trilogy Metals Inc.(TMQ) Company Profile
Trilogy Metals Inc., a base metals exploration company, explores for and develops mineral properties in the United States. 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 426,690 acres located in the Ambler mining district in Northwest Alaska. The company was formerly known as NovaCopper Inc. and changed its name to Trilogy Metals Inc. in September 2016. Trilogy Metals Inc. was founded in 2004 and is headquartered in Vancouver, Canada.