Equities Analysts Set Expectations for Trilogy Metals Inc.’s Q1 2022 Earnings (TSE:TMQ)

Trilogy Metals Inc. (TSE:TMQ) – Equities research analysts at Raymond James issued their Q1 2022 earnings estimates for shares of Trilogy Metals in a note issued to investors on Monday, April 5th. Raymond James analyst B. Macarthur expects that the company will post earnings of ($0.01) per share for the quarter. Raymond James currently has a “Outperform” rating and a $4.00 target price on the stock. Raymond James also issued estimates for Trilogy Metals’ Q2 2022 earnings at ($0.01) EPS, Q3 2022 earnings at ($0.01) EPS, Q4 2022 earnings at ($0.01) EPS and FY2022 earnings at ($0.05) EPS.

Trilogy Metals (TSE:TMQ) last issued its quarterly earnings data on Friday, February 12th. The company reported C($0.01) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C($0.02) by C$0.01. The business had revenue of C$0.01 million during the quarter.

TMQ has been the subject of a number of other research reports. TD Securities boosted their target price on shares of Trilogy Metals to C$3.50 and gave the stock a “hold” rating in a research report on Wednesday, February 17th. National Bank Financial boosted their target price on shares of Trilogy Metals from C$3.75 to C$4.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 6th.

Trilogy Metals stock opened at C$2.89 on Thursday. The firm has a market cap of C$417.01 million and a price-to-earnings ratio of 2.58. The company has a debt-to-equity ratio of 0.31, a current ratio of 10.94 and a quick ratio of 10.83. Trilogy Metals has a fifty-two week low of C$1.78 and a fifty-two week high of C$3.29. The firm has a fifty day moving average price of C$2.81 and a two-hundred day moving average price of C$2.53.

About Trilogy Metals

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, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite that contains carbonate-hosted copper – cobalt deposits covering an area of approximately 426,690 acres located in the Ambler mining district in Northwest Alaska.

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