Trilogy Metals (TSE:TMQ) Reaches New 52-Week High at $3.86

Trilogy Metals Inc (TSE:TMQ) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$3.86 and last traded at C$3.81, with a volume of 26945 shares traded. The stock had previously closed at C$3.74.

Several research analysts recently issued reports on the stock. National Bank Financial reiterated an “outperform” rating and issued a C$5.00 price target on shares of Trilogy Metals in a research note on Monday, April 1st. Fundamental Research dropped coverage on shares of Trilogy Metals in a research note on Tuesday, March 12th. They issued a “top pick” rating and a C$4.11 price target for the company.

The company has a market capitalization of $456.98 million and a PE ratio of -20.99.

Trilogy Metals (TSE:TMQ) last released its quarterly earnings data on Tuesday, April 9th. The company reported C($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.01). Analysts anticipate that Trilogy Metals Inc will post -0.21 earnings per share for the current fiscal year.

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About Trilogy Metals (TSE:TMQ)

Trilogy Metals Inc, a base metals exploration company, explores for and develops mineral properties in the United States. It principally holds interests in the Upper Kobuk mineral projects that include the Arctic copper-zinc-lead-gold-silver project and Bornite carbonate-hosted copper project covering an area of approximately 355,400 acres located in the Ambler mining district in Northwest Alaska.

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