Trilogy Metals (NYSEAMERICAN:TMQ) Announces Earnings Results


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Trilogy Metals (NYSEAMERICAN:TMQ) announced its quarterly earnings results on Tuesday. The mining company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01), MarketWatch Earnings reports.

Trilogy Metals stock opened at $2.29 on Thursday. The firm’s 50-day moving average is $1.88. The firm has a market cap of $330.25 million, a PE ratio of 2.14 and a beta of 1.55. Trilogy Metals has a 52 week low of $1.40 and a 52 week high of $2.60.

Several equities research analysts have weighed in on TMQ shares. TD Securities increased their target price on Trilogy Metals from $3.25 to $3.50 and gave the stock a “hold” rating in a research report on Tuesday, February 16th. Roth Capital lifted their price objective on shares of Trilogy Metals from $3.25 to $3.50 and gave the company a “buy” rating in a research report on Tuesday, February 16th. Raymond James upped their target price on shares of Trilogy Metals from $3.75 to $4.00 and gave the stock an “outperform” rating in a research report on Friday, January 15th. Finally, Zacks Investment Research raised Trilogy Metals from a “sell” rating to a “hold” rating in a report on Friday, December 25th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Trilogy Metals has an average rating of “Buy” and an average target price of $3.31.

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, 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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Earnings History for Trilogy Metals (NYSEAMERICAN:TMQ)

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