Raymond James downgraded shares of Trilogy Metals (TSE:TMQ – Free Report) from an outperform rating to a market perform rating in a research note published on Tuesday, BayStreet.CA reports. They currently have C$1.00 price objective on the stock, down from their prior price objective of C$1.25.
Separately, National Bankshares cut their price objective on shares of Trilogy Metals from C$1.00 to C$0.75 and set a sector perform rating on the stock in a research report on Monday, January 8th.
Read Our Latest Research Report on TMQ
Trilogy Metals Stock Performance
Trilogy Metals (TSE:TMQ – Get Free Report) last posted its quarterly earnings data on Friday, February 9th. The company reported C($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C($0.01). Equities analysts expect that Trilogy Metals will post -0.07 EPS for the current fiscal year.
Insider Buying and Selling
In other Trilogy Metals news, Senior Officer Elaine Sanders sold 56,885 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of C$0.46, for a total value of C$26,195.54. Over the last quarter, insiders have sold 72,351 shares of company stock worth $33,085. Corporate insiders own 17.12% of the company’s stock.
Trilogy Metals Company Profile
Trilogy Metals Inc, a base metals exploration company, engages in the exploration and development of mineral properties in the United States. The company explores for copper, cobalt, lead, zinc, gold, and silver properties. 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 448,217 acres located in the Ambler mining district in Northwest Alaska.
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