Trilogy Metals Inc. (TSE:TMQ) Receives Average Recommendation of “Hold” from Brokerages

Shares of Trilogy Metals Inc. (TSE:TMQGet Rating) have earned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is C$1.60.

A number of equities analysts recently commented on the company. Raymond James dropped their price target on Trilogy Metals from C$3.00 to C$2.25 and set an “outperform” rating for the company in a research note on Thursday, July 7th. TD Securities dropped their price target on Trilogy Metals from C$1.30 to C$1.15 and set a “hold” rating for the company in a research note on Thursday. Scotiabank dropped their price target on Trilogy Metals from C$2.50 to C$1.50 in a research note on Wednesday. National Bankshares dropped their price target on Trilogy Metals from C$1.75 to C$1.35 in a research note on Wednesday, July 6th. Finally, National Bank Financial reissued a “sector perform spec overwgt” rating on shares of Trilogy Metals in a research note on Sunday, June 12th.

Insider Buying and Selling at Trilogy Metals

In other Trilogy Metals news, Senior Officer Elaine Sanders sold 29,000 shares of the company’s stock in a transaction that occurred on Friday, September 9th. The stock was sold at an average price of C$0.88, for a total transaction of C$25,520.00. Following the sale, the insider now directly owns 1,604,564 shares in the company, valued at C$1,412,016.32.

Trilogy Metals Stock Performance

TSE TMQ opened at C$0.83 on Friday. The firm has a market cap of C$121.06 million and a price-to-earnings ratio of -4.17. The company has a quick ratio of 5.55, a current ratio of 5.55 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average price of C$0.86 and a 200-day moving average price of C$1.11. Trilogy Metals has a twelve month low of C$0.78 and a twelve month high of C$2.91.

Trilogy Metals (TSE:TMQGet Rating) last released its quarterly earnings data on Wednesday, July 6th. The company reported C($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.03). As a group, equities research analysts predict that Trilogy Metals will post -0.06 EPS for the current fiscal year.

Trilogy Metals Company Profile

(Get Rating)

Trilogy Metals Inc, a base metals exploration company, explores for and develops mineral properties in the United States. 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 426,690 acres located in the Ambler mining district in Northwest Alaska.

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Analyst Recommendations for Trilogy Metals (TSE:TMQ)

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