Trilogy Metals (NYSEAMERICAN:TMQ) issued its earnings results on Thursday. The mining company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.04), Fidelity Earnings reports.
Shares of Trilogy Metals stock opened at $2.04 on Friday. Trilogy Metals has a 1 year low of $1.50 and a 1 year high of $3.13.
In other Trilogy Metals news, major shareholder Paulson & Co. Inc. acquired 158,700 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were purchased at an average cost of $2.22 per share, for a total transaction of $352,314.00.
A number of brokerages have weighed in on TMQ. Raymond James assumed coverage on Trilogy Metals in a research report on Friday, October 18th. They set an “outperform” rating for the company. TD Securities downgraded Trilogy Metals from a “speculative buy” rating to a “hold” rating in a research report on Friday, January 10th. Finally, Zacks Investment Research downgraded Trilogy Metals from a “buy” rating to a “hold” rating in a research report on Sunday, November 3rd.
Trilogy Metals Company Profile
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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