Trilogy Metals Inc (TSE:TMQ)’s share price rose 0.4% during mid-day trading on Monday . The company traded as high as C$2.44 and last traded at C$2.41, approximately 6,553 shares were traded during mid-day trading. A decline of 75% from the average daily volume of 26,564 shares. The stock had previously closed at C$2.40.
A number of equities analysts have weighed in on the stock. Raymond James reaffirmed an “outperform” rating and set a C$3.75 price target on shares of Trilogy Metals in a research note on Friday, October 18th. National Bank Financial lowered their price objective on shares of Trilogy Metals from C$5.25 to C$4.50 and set an “outperform” rating for the company in a research note on Thursday, September 12th.
The company has a market capitalization of $338.97 million and a price-to-earnings ratio of -11.89. The company has a 50 day simple moving average of C$2.51 and a 200 day simple moving average of C$2.84.
Trilogy Metals Company Profile (TSE:TMQ)
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 copper-zinc-lead-gold-silver project and Bornite carbonate-hosted copper project covering an area of approximately 355,400 acres located in the Ambler mining district in Northwest Alaska.
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