There’s Something Awry at Trilogy Metals Inc (AMEX:TMQ) Since Share Price Gets Ahead of Fundamentals

The stock of Trilogy Metals Inc (AMEX:TMQ) last traded at $1.20, up 9.09% from the previous session.

TMQ stock price is now 7.15% away from the 50-day moving average and 79.08% away from the 200-day moving average. The market capitalization of the company currently stands at $193.08M.

, while ‘Scotiabank’ rates the stock as ‘Sector Perform’

In other news, Sanders Elaine, VP & CFO sold 152,259 shares of the company’s stock on Jun 03 ’24. The stock was sold for $76,130 at an average price of $0.50. Upon completion of the transaction, the VP & CFO now directly owns 2,650,848 shares in the company, valued at $3.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 04 ’24, VP & CFO Sanders Elaine sold 94,287 shares of the business’s stock. A total of $47,144 was realized by selling the stock at an average price of $0.50. This leaves the insider owning 2,556,561 shares of the company worth $3.07 million. A total of 39.36% of the company’s stock is owned by insiders.

During the past 12 months, Trilogy Metals Inc has had a low of $0.25 and a high of $1.40. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 60.98, and a quick ratio of 60.98. The fifty day moving average price for TMQ is $1.1202 and a two-hundred day moving average price translates $0.67045 for the stock.

The latest earnings results from Trilogy Metals Inc (AMEX: TMQ) was released for 2024-08-31.

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