TD Securities lowered shares of Trilogy Metals (NYSEAMERICAN:TMQ – Free Report) from a strong-buy rating to a hold rating in a report issued on Thursday morning, Zacks.com reports.
Trilogy Metals Price Performance
Trilogy Metals stock opened at $0.55 on Thursday. Trilogy Metals has a one year low of $0.25 and a one year high of $0.61. The firm has a market capitalization of $88.75 million, a PE ratio of -6.91 and a beta of 1.42.
Insider Activity at Trilogy Metals
In related news, CFO Elaine Sanders sold 152,259 shares of Trilogy Metals stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $0.50, for a total transaction of $76,129.50. Following the completion of the sale, the chief financial officer now owns 2,650,848 shares of the company’s stock, valued at $1,325,424. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 8.40% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Trilogy Metals
About Trilogy Metals
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.
Recommended Stories
- Five stocks we like better than Trilogy Metals
- The How and Why of Investing in Gold Stocks
- Top 3 Defense Stocks That Should Be on Your Radar
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Why This Banking Stock Might Be Nearing the Bottom of Its Cycle
- Investing in Travel Stocks Benefits
- MarketBeat Week in Review – 7/8 – 7/12
Receive News & Ratings for Trilogy Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trilogy Metals and related companies with MarketBeat.com's FREE daily email newsletter.