Raymond James cut shares of Trilogy Metals (TSE:TMQ – Free Report) from an outperform rating to a market perform rating in a report issued on Tuesday morning, BayStreet.CA reports. The brokerage currently has C$1.00 price target on the stock, down from their previous price target of C$1.25.
Separately, National Bankshares lowered their target price 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.
View Our Latest Analysis on Trilogy Metals
Trilogy Metals Stock Performance
Trilogy Metals (TSE:TMQ – Get Free Report) last announced its earnings results on Friday, February 9th. The company reported C($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of C($0.01). As a group, research analysts forecast that Trilogy Metals will post -0.07 earnings per share 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 dated Tuesday, February 13th. The stock was sold at an average price of C$0.46, for a total value of C$26,195.54. Over the last ninety days, insiders sold 72,351 shares of company stock valued at $33,085. Corporate 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.
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