Trilogy Metals (TSE:TMQ) Price Target Raised to C$2.50

Trilogy Metals (TSE:TMQ) had its target price boosted by Raymond James from C$2.00 to C$2.50 in a research report released on Monday morning,BayStreet.CA reports. Raymond James currently has a market perform rating on the stock.

Trilogy Metals Stock Down 3.4 %

TMQ stock opened at C$2.56 on Monday. The stock’s 50 day simple moving average is C$2.01 and its 200 day simple moving average is C$1.49. Trilogy Metals has a fifty-two week low of C$0.34 and a fifty-two week high of C$2.98. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.25 and a current ratio of 60.98. The company has a market cap of C$289.60 million, a P/E ratio of -28.71 and a beta of 1.33.

About Trilogy Metals

Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States.