Trilogy Metals (TSE:TMQ) Stock Price Expected to Rise, TD Securities Analyst Says

Trilogy Metals (TSE:TMQ) had its price target upped by stock analysts at TD Securities from C$2.00 to C$2.25 in a research note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD Securities’ target price would indicate a potential upside of 2.74% from the company’s current price.

Separately, Raymond James raised their price objective on shares of Trilogy Metals from C$2.00 to C$2.50 and gave the stock a “market perform” rating in a report on Monday, March 24th.

Trilogy Metals Stock Down 2.2 %

TSE:TMQ traded down C$0.05 on Thursday, hitting C$2.19. The stock had a trading volume of 1,005 shares, compared to its average volume of 27,872. The company has a market cap of C$247.74 million, a PE ratio of -24.56 and a beta of 1.33. The business’s fifty day moving average is C$2.06 and its 200 day moving average is C$1.54. The company has a quick ratio of 5.25, a current ratio of 60.98 and a debt-to-equity ratio of 0.12. Trilogy Metals has a 52 week low of C$0.34 and a 52 week high of C$2.98.

About Trilogy Metals

Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States.