Raymond James lowered shares of Trilogy Metals (TSE:TMQ – Free Report) from an outperform rating to a market perform rating in a research note issued to investors on Tuesday, BayStreet.CA reports. They currently have C$1.00 price target on the stock, down from their prior price target of C$1.25.
Separately, National Bankshares dropped their target price on shares of Trilogy Metals from C$1.00 to C$0.75 and set a sector perform rating on the stock in a report on Monday, January 8th.
Check Out Our Latest Stock Analysis on Trilogy Metals
Trilogy Metals Stock Performance
Trilogy Metals (TSE:TMQ – Get Free Report) last released its quarterly earnings results on Friday, February 9th. The company reported C($0.01) earnings per share for the quarter, meeting the consensus estimate of C($0.01). As a group, research analysts predict that Trilogy Metals will post -0.07 EPS for the current year.
Insider Buying and Selling
In related news, Senior Officer Elaine Sanders sold 56,885 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of C$0.46, for a total value of C$26,195.54. Insiders have sold a total of 72,351 shares of company stock worth $33,085 in the last quarter. Corporate insiders own 17.12% of the company’s stock.
About Trilogy Metals
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.
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