Trilogy Metals (TSE:TMQ) Price Target Raised to C$1.50

Trilogy Metals (TSE:TMQ) had its target price raised by TD Securities from C$0.75 to C$1.50 in a research note released on Friday morning,BayStreet.CA reports. They currently have a hold rating on the stock.

Trilogy Metals Trading Down 3.4 %

Shares of Trilogy Metals stock opened at C$1.70 on Friday. The firm has a market capitalization of C$272.94 million, a PE ratio of -15.45 and a beta of 1.33. The company has a debt-to-equity ratio of 0.02, a current ratio of 30.42 and a quick ratio of 5.25. The company’s fifty day moving average price is C$0.87 and its two-hundred day moving average price is C$0.77. Trilogy Metals has a 52-week low of C$0.34 and a 52-week high of C$1.85.

Trilogy Metals (TSE:TMQ) last issued its earnings results on Tuesday, October 8th. The company reported C($0.01) EPS for the quarter, meeting the consensus estimate of C($0.01). On average, analysts expect that Trilogy Metals will post -0.07 EPS for the current year.

Trilogy Metals Company Profile

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.