Trilogy Metals Inc. (TSE:TMQ – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.77 and traded as low as C$0.66. Trilogy Metals shares last traded at C$0.66, with a volume of 1,602 shares changing hands.
Wall Street Analyst Weigh In
Separately, TD Securities cut shares of Trilogy Metals from a “buy” rating to a “hold” rating and set a C$0.75 target price on the stock. in a report on Thursday, July 11th.
View Our Latest Analysis on Trilogy Metals
Trilogy Metals Price Performance
Trilogy Metals (TSE:TMQ – Get Free Report) last released its quarterly earnings data on Wednesday, July 10th. The company reported C($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of C($0.01). On average, equities research analysts predict that Trilogy Metals Inc. will post -0.07 earnings per share 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.
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