Fundamental Research Analysts Give Trilogy Metals (TMQ) a C$2.05 Price Target

Trilogy Metals (TSE:TMQ) has been given a C$2.05 price objective by research analysts at Fundamental Research in a research report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s price objective would suggest a potential upside of 12.64% from the company’s previous close.

The analysts wrote, “Fundamental Research Corp has issued a report entitled “Trilogy Metals Inc. (NYSE: TMQ / TSX: TMQ) – Successful Drilling at Bornite ” and dated Jan 9, 2018. The full report is now at www.researchfrc.com.

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Trilogy Metals (TSE:TMQ) traded down C$0.03 during trading hours on Wednesday, hitting C$1.82. The stock had a trading volume of 20,269 shares, compared to its average volume of 47,673. Trilogy Metals has a 12 month low of C$0.60 and a 12 month high of C$2.03. The company has a market capitalization of $192.35, a PE ratio of -9.58 and a beta of -0.20.

In other Trilogy Metals news, insider Nieuwenhuyse Rick Van purchased 1,159,096 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was bought at an average price of C$0.83 per share, with a total value of C$962,049.68.

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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, which include the Arctic copper-zinc-lead-gold-silver project; and the Bornite deposit, a carbonate-hosted copper deposit covering an area of approximately 352,943 acres located in the Ambler mining district in Northwest Alaska.

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