Trilogy Metals (TSE:TMQ) Receives Buy Rating from Fundamental Research

Trilogy Metals (TSE:TMQ)‘s stock had its “buy” rating reiterated by research analysts at Fundamental Research in a research note issued on Friday, March 2nd. They presently have a C$4.11 price target on the stock. Fundamental Research’s price target suggests a potential upside of 133.52% from the company’s current price.

Trilogy Metals (TSE:TMQ) traded up C$0.03 during trading hours on Friday, hitting C$1.76. 200 shares of the stock were exchanged, compared to its average volume of 18,944. Trilogy Metals has a 12 month low of C$0.61 and a 12 month high of C$2.03. The company has a market cap of $184.09, a price-to-earnings ratio of -6.77 and a beta of -0.35.

Trilogy Metals (TSE:TMQ) last posted its quarterly earnings data on Friday, February 2nd. The company reported C($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of C($0.03) by C($0.05).

In related news, insider Nieuwenhuyse Rick Van bought 1,159,096 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were acquired at an average cost of C$0.83 per share, with a total value of C$962,049.68.

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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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