TD Securities Issues Positive Forecast for Trilogy Metals (TSE:TMQ) Stock Price

Trilogy Metals (TSE:TMQ) had its price target lifted by TD Securities from C$0.75 to C$1.50 in a research report sent to investors on Friday morning,BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

Trilogy Metals Stock Performance

TMQ stock opened at C$1.76 on Friday. The firm has a market cap of C$282.57 million, a P/E ratio of -16.00 and a beta of 1.33. The stock’s 50 day simple moving average is C$0.85 and its 200 day simple moving average is C$0.76. The company has a current ratio of 30.42, a quick ratio of 5.25 and a debt-to-equity ratio of 0.02. Trilogy Metals has a 12-month low of C$0.34 and a 12-month high of C$1.85.

Trilogy Metals (TSE:TMQ) last issued its quarterly earnings data on Tuesday, October 8th. The company reported C($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.01). As a group, equities research analysts predict that Trilogy Metals will post -0.07 EPS for the current year.

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.