Trilogy Metals (TSE:TMQ) Stock Rating Lowered by Raymond James

Trilogy Metals (TSE:TMQ) was downgraded by equities research analysts at Raymond James from an “outperform” rating to a “market perform” rating in a report released on Tuesday, BayStreet.CA reports. They presently have a C$1.00 price objective on the stock, down from their prior price objective of C$1.25. Raymond James’ price target points to a potential upside of 78.57% from the stock’s previous close.

Separately, National Bankshares decreased 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 report on Monday, January 8th.

Trilogy Metals Trading Up 3.7 %

TMQ opened at C$0.56 on Tuesday. Trilogy Metals has a twelve month low of C$0.34 and a twelve month high of C$0.93. The company has a fifty day moving average of C$0.63 and a 200-day moving average of C$0.62. The stock has a market cap of C$89.46 million, a PE ratio of -4.00 and a beta of 1.09. The company has a quick ratio of 5.25, a current ratio of 6.20 and a debt-to-equity ratio of 0.02.

Trilogy Metals (TSE:TMQ) last announced its earnings results on Friday, February 9th. The company reported C($0.01) EPS for the quarter, meeting the consensus estimate of C($0.01). On average, sell-side analysts predict that Trilogy Metals will post -0.07 EPS for the current year.

Insider Buying and Selling at Trilogy Metals

In other news, Senior Officer Elaine Sanders sold 56,885 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of C$0.46, for a total transaction of C$26,195.54. In the last 90 days, insiders sold 72,351 shares of company stock worth $33,085. Insiders own 17.12% of the company’s stock.

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.