Trilogy Metals (TSE:TMQ) Price Target Raised to C$2.50 at Raymond James

Trilogy Metals (TSE:TMQ) had its target price boosted by Raymond James from C$2.00 to C$2.50 in a research note issued to investors on Monday morning,BayStreet.CA reports. The brokerage currently has a market perform rating on the stock.

Trilogy Metals Price Performance

Trilogy Metals stock opened at C$2.56 on Monday. The business’s 50 day simple moving average is C$2.01 and its 200 day simple moving average is C$1.49. Trilogy Metals has a 12 month low of C$0.34 and a 12 month high of C$2.98. The company has a market cap of C$289.60 million, a price-to-earnings ratio of -28.71 and a beta of 1.33. The company has a current ratio of 60.98, a quick ratio of 5.25 and a debt-to-equity ratio of 0.12.

Trilogy Metals Company Profile

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.