Short Interest in Trilogy Metals Inc (TMQ) Decreases By 11.9%
Trilogy Metals Inc (NYSE:TMQ) was the target of a large decline in short interest in September. As of September 15th, there was short interest totalling 756,420 shares, a decline of 11.9% from the August 31st total of 858,196 shares. Based on an average daily volume of 56,661 shares, the days-to-cover ratio is currently 13.3 days.
Shares of Trilogy Metals (NYSE:TMQ) opened at 0.5399 on Wednesday. Trilogy Metals has a 52 week low of $0.15 and a 52 week high of $0.86. The firm has a 50-day moving average of $0.57 and a 200 day moving average of $0.54.
Trilogy Metals Company Profile
Trilogy Metals Inc, formerly NovaCopper Inc, is a Canada-based metals exploration company. The Company is engaged in exploring and developing the Ambler mining district located in northwestern Alaska. The Company’s segments are Alaska, USA; Antioquia, Colombia, and Corporate and other. The Company focuses on the Arctic deposit, which is a volcanogenic massive sulfide deposit located approximately 470 kilometers northwest of the City of Fairbanks, Alaska.
Receive News & Stock Ratings for Trilogy Metals Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trilogy Metals Inc and related stocks with our FREE daily email newsletter.