Trilogy Metals Inc. (NYSEAMERICAN:TMQ – Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.29 and traded as high as $1.60. Trilogy Metals shares last traded at $1.59, with a volume of 467,486 shares.
Trilogy Metals Stock Up 6.0 %
The company has a market cap of $260.66 million, a price-to-earnings ratio of -31.80 and a beta of 1.54. The firm’s fifty day simple moving average is $1.29.
Institutional Investors Weigh In On Trilogy Metals
Hedge funds have recently bought and sold shares of the company. XTX Topco Ltd grew its holdings in shares of Trilogy Metals by 235.5% during the 4th quarter. XTX Topco Ltd now owns 47,920 shares of the mining company’s stock valued at $56,000 after purchasing an additional 33,636 shares during the last quarter. Virtu Financial LLC boosted its position in Trilogy Metals by 85.7% during the third quarter. Virtu Financial LLC now owns 133,678 shares of the mining company’s stock worth $65,000 after purchasing an additional 61,683 shares during the period. Total Wealth Planning & Management Inc. purchased a new stake in shares of Trilogy Metals in the fourth quarter worth about $119,000. Two Sigma Advisers LP purchased a new position in shares of Trilogy Metals during the fourth quarter worth approximately $221,000. Finally, Two Sigma Investments LP bought a new stake in Trilogy Metals during the 4th quarter valued at $416,000. 16.75% of the stock is currently owned by institutional investors and hedge funds.
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.
See Also
- Five stocks we like better than Trilogy Metals
- What Are the FAANG Stocks and Are They Good Investments?
- How to Build the Ultimate Everything ETF Portfolio
- What Are the U.K. Market Holidays? How to Invest and Trade
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- The Basics of Support and Resistance
- 3 Stocks With High ROE and Market-Beating Growth Potential
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.
