Trilogy Metals Inc. (TSE:TMQ – Get Free Report)’s share price rose 208.9% during mid-day trading on Tuesday after TD Securities raised their price target on the stock from C$2.25 to C$5.50. TD Securities currently has a hold rating on the stock. Trilogy Metals traded as high as C$11.02 and last traded at C$9.05. Approximately 1,816,134 shares traded hands during trading, an increase of 5,481% from the average daily volume of 32,541 shares. The stock had previously closed at C$2.93.
Trilogy Metals Price Performance
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$1.49 billion, a P/E ratio of -150.83 and a beta of 1.94. The firm has a 50 day moving average price of C$2.65 and a two-hundred day moving average price of C$2.26.
Trilogy Metals Company Profile
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.
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