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

Trilogy Metals (TSE:TMQ) had its price target cut by Raymond James from C$1.50 to C$1.25 in a research report sent to investors on Thursday, BayStreet.CA reports.

Separately, National Bankshares decreased their price target 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 Stock Performance

TSE TMQ opened at C$0.55 on Thursday. The company has a current ratio of 6.20, a quick ratio of 5.25 and a debt-to-equity ratio of 0.02. The business’s 50 day moving average is C$0.63 and its two-hundred day moving average is C$0.63. Trilogy Metals has a 12-month low of C$0.34 and a 12-month high of C$0.93. The stock has a market capitalization of C$87.86 million, a price-to-earnings ratio of -3.93 and a beta of 1.09.

Trilogy Metals (TSE:TMQ) last released its earnings results on Friday, February 9th. The company reported C($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.01). Research analysts expect that Trilogy Metals will post -0.07 EPS for the current year.

Insider Transactions at Trilogy Metals

In other news, Senior Officer Elaine Sanders sold 56,885 shares of the business’s stock in a transaction that occurred 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. Insiders have sold 72,351 shares of company stock valued at $33,085 in the last quarter. 17.12% of the stock is currently owned by corporate insiders.

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.