Trilogy Metals Inc (TMQ) Short Interest Update
Trilogy Metals Inc (NYSE:TMQ) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 764,509 shares, an increase of 1.1% from the September 15th total of 756,420 shares. Based on an average daily volume of 63,252 shares, the short-interest ratio is presently 12.1 days. Approximately 1.2% of the company’s shares are sold short.
Trilogy Metals (NYSE:TMQ) opened at 0.55 on Thursday. Trilogy Metals has a one year low of $0.15 and a one year high of $0.86. The stock’s market cap is $57.84 million. The company’s 50-day moving average price is $0.55 and its 200-day moving average price is $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.
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