Trilogy Metals (TSE:TMQ) PT Lowered to C$1.25

Trilogy Metals (TSE:TMQ) had its price objective cut by Raymond James from C$1.50 to C$1.25 in a report issued on Thursday morning, BayStreet.CA reports.

Separately, National Bankshares lowered their price objective on Trilogy Metals from C$1.00 to C$0.75 and set a sector perform rating for the company in a research note on Monday, January 8th.

Trilogy Metals Price Performance

Shares of TSE TMQ opened at C$0.51 on Thursday. Trilogy Metals has a twelve month low of C$0.34 and a twelve month high of C$0.93. The company has a current ratio of 6.20, a quick ratio of 5.25 and a debt-to-equity ratio of 0.02. The company has a market capitalization of C$81.47 million, a price-to-earnings ratio of -3.64 and a beta of 1.09. The business has a 50 day simple moving average of C$0.64 and a 200-day simple moving average of C$0.63.

Trilogy Metals (TSE:TMQ) last issued its quarterly earnings data on Friday, February 9th. The company reported C($0.01) EPS for the quarter, hitting analysts’ consensus estimates of C($0.01). As a group, equities research analysts expect that Trilogy Metals will post -0.07 earnings per share for the current year.

Insider Transactions at Trilogy Metals

In other news, Senior Officer Elaine Sanders sold 56,885 shares of the stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of C$0.46, for a total value of C$26,195.54. Over the last quarter, insiders sold 72,351 shares of company stock valued at $33,085. 17.12% of the stock is currently owned by corporate insiders.

About Trilogy Metals

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.