Trilogy Metals (NYSEAMERICAN:TMQ) issued its earnings results on Tuesday. The mining company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.01), MarketWatch Earnings reports.
Trilogy Metals stock opened at $2.29 on Thursday. The company has a market cap of $330.25 million, a PE ratio of 2.14 and a beta of 1.55. Trilogy Metals has a twelve month low of $1.40 and a twelve month high of $2.60. The firm has a 50-day moving average of $1.88.
TMQ has been the subject of several recent analyst reports. TD Securities raised their target price on shares of Trilogy Metals from $3.25 to $3.50 and gave the company a “hold” rating in a research note on Tuesday, February 16th. Raymond James raised their target price on shares of Trilogy Metals from $3.75 to $4.00 and gave the company an “outperform” rating in a research note on Friday, January 15th. Zacks Investment Research upgraded shares of Trilogy Metals from a “sell” rating to a “hold” rating in a research note on Friday, December 25th. Finally, Roth Capital increased their price target on shares of Trilogy Metals from $3.25 to $3.50 and gave the company a “buy” rating in a report on Tuesday, February 16th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Trilogy Metals currently has a consensus rating of “Buy” and an average target price of $3.31.
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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