Trilogy Metals (TSE:TMQ) Reaches New 12-Month Low at $2.00

Trilogy Metals Inc (TSE:TMQ)’s stock price reached a new 52-week low on Monday . The company traded as low as C$2.00 and last traded at C$2.03, with a volume of 44282 shares. The stock had previously closed at C$2.21.

A number of research firms have weighed in on TMQ. Cormark reduced their price target on Trilogy Metals from C$4.25 to C$4.00 in a research report on Tuesday, July 23rd. National Bank Financial upped their price target on Trilogy Metals from C$5.00 to C$5.25 and gave the stock an “outperform” rating in a research report on Friday, June 28th.

The company has a market cap of $306.98 million and a price-to-earnings ratio of -11.42. The firm has a fifty day moving average price of C$2.93 and a 200 day moving average price of C$3.24.

Trilogy Metals (TSE:TMQ) last posted its quarterly earnings results on Tuesday, July 9th. The company reported C($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.08) by C$0.03. As a group, equities analysts expect that Trilogy Metals Inc will post -0.21 earnings per share for the current fiscal year.

About Trilogy Metals (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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