Trilogy Metals (NYSEAMERICAN:TMQ) Announces Earnings Results


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Trilogy Metals (NYSEAMERICAN:TMQ) issued its quarterly earnings results on Tuesday. The mining company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01), MarketWatch Earnings reports.

Trilogy Metals stock traded down $0.01 during mid-day trading on Thursday, hitting $2.28. 400 shares of the company’s stock were exchanged, compared to its average volume of 527,198. The company has a 50 day moving average price of $1.88. The firm has a market capitalization of $328.81 million, a price-to-earnings ratio of 2.14 and a beta of 1.55. Trilogy Metals has a fifty-two week low of $1.40 and a fifty-two week high of $2.60.

A number of analysts have commented on the stock. TD Securities lifted their target price on shares of Trilogy Metals from $3.25 to $3.50 and gave the stock a “hold” rating in a report on Tuesday, February 16th. Zacks Investment Research upgraded Trilogy Metals from a “sell” rating to a “hold” rating in a report on Friday, December 25th. Raymond James raised their target price on Trilogy Metals from $3.75 to $4.00 and gave the stock an “outperform” rating in a report on Friday, January 15th. Finally, Roth Capital boosted their target price on Trilogy Metals from $3.25 to $3.50 and gave the stock a “buy” rating in a research report on Tuesday, February 16th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Trilogy Metals presently has a consensus rating of “Buy” and an average target price of $3.31.

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 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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Earnings History for Trilogy Metals (NYSEAMERICAN:TMQ)

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