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

Trilogy Metals (TSE:TMQ) had its price objective increased by TD Securities from C$0.75 to C$1.50 in a research note published on Friday,BayStreet.CA reports. TD Securities currently has 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 company’s fifty day simple moving average is C$0.87 and its 200-day simple moving average is C$0.77. The company has a market cap of C$272.94 million, a price-to-earnings ratio of -15.45 and a beta of 1.33. The company has a current ratio of 30.42, a quick ratio of 5.25 and a debt-to-equity ratio of 0.02. Trilogy Metals has a 1 year low of C$0.34 and a 1 year high of C$1.85.

Trilogy Metals (TSE:TMQ) last announced its quarterly earnings data on Tuesday, October 8th. The company reported C($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.01). As a group, sell-side analysts expect that Trilogy Metals will post -0.07 EPS for the current year.

About Trilogy Metals

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.