Trilogy Metals (NYSEAMERICAN:TMQ) released its quarterly earnings results on Wednesday. The mining company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02), MarketWatch Earnings reports.
NYSEAMERICAN:TMQ opened at $1.75 on Friday. Trilogy Metals has a 1-year low of $1.03 and a 1-year high of $2.74.
A number of research analysts recently issued reports on the company. Zacks Investment Research lowered Trilogy Metals from a “hold” rating to a “sell” rating in a report on Tuesday. TD Securities lowered Trilogy Metals from a “buy” rating to a “hold” rating and set a $3.50 target price for the company. in a report on Friday, July 24th. Finally, Raymond James reissued a “buy” rating and set a $3.25 target price on shares of Trilogy Metals in a research report on Wednesday, July 15th.
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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