Trilogy Metals (TSE:TMQ) Given New C$1.25 Price Target at Raymond James

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

Separately, National Bankshares reduced their price target on shares of Trilogy Metals from C$1.00 to C$0.75 and set a sector perform rating on the stock in a research report on Monday, January 8th.

Trilogy Metals Stock Down 3.8 %

Shares of TMQ opened at C$0.51 on Thursday. The stock has a market capitalization of C$81.47 million, a PE ratio of -3.64 and a beta of 1.09. Trilogy Metals has a 1 year low of C$0.34 and a 1 year high of C$0.93. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.25 and a current ratio of 6.20. The company’s 50-day simple moving average is C$0.64 and its 200-day simple moving average is C$0.63.

Trilogy Metals (TSE:TMQ) last issued its quarterly earnings results on Friday, February 9th. The company reported C($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.01). Analysts forecast that Trilogy Metals will post -0.07 earnings per share for the current fiscal year.

Insider Activity at Trilogy Metals

In related news, Senior Officer Elaine Sanders sold 56,885 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of C$0.46, for a total value of C$26,195.54. Insiders have sold a total of 72,351 shares of company stock valued at $33,085 over the last 90 days. 17.12% of the stock is owned by corporate insiders.

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.