Raymond James Lowers Trilogy Metals (TSE:TMQ) Price Target to C$1.25

Trilogy Metals (TSE:TMQ) had its target price decreased by equities research analysts at Raymond James from C$1.50 to C$1.25 in a research note issued to investors on Thursday, BayStreet.CA reports. Raymond James’ target price would suggest a potential upside of 127.27% from the stock’s previous close.

Separately, National Bankshares dropped their price objective on Trilogy Metals from C$1.00 to C$0.75 and set a “sector perform” rating on the stock in a research note on Monday, January 8th.

Trilogy Metals Price Performance

Shares of TMQ opened at C$0.55 on Thursday. Trilogy Metals has a 12-month low of C$0.34 and a 12-month high of C$0.93. The business’s fifty day moving average is C$0.63 and its 200 day moving average is C$0.63. The company has a quick ratio of 5.25, a current ratio of 6.20 and a debt-to-equity ratio of 0.02. The stock has a market cap of C$87.86 million, a P/E ratio of -3.93 and a beta of 1.09.

Trilogy Metals (TSE:TMQ) last issued its earnings results on Friday, February 9th. The company reported C($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C($0.01). Sell-side analysts anticipate that Trilogy Metals will post -0.07 earnings per share for the current fiscal year.

Insider Buying and Selling at Trilogy Metals

In other Trilogy Metals news, Senior Officer Elaine Sanders sold 56,885 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of C$0.46, for a total transaction of C$26,195.54. In the last three months, insiders have sold 72,351 shares of company stock worth $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.