Elaine Sanders Sells 53,454 Shares of Trilogy Metals Inc. (NYSEAMERICAN:TMQ) Stock

Trilogy Metals Inc. (NYSEAMERICAN:TMQ) CFO Elaine Sanders sold 53,454 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $0.49, for a total transaction of $26,192.46. Following the completion of the transaction, the chief financial officer now owns 2,503,107 shares of the company’s stock, valued at approximately $1,226,522.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Elaine Sanders also recently made the following trade(s):

• On Monday, June 3rd, Elaine Sanders sold 152,259 shares of Trilogy Metals stock. The shares were sold at an average price of $0.50, for a total transaction of $76,129.50.
• On Thursday, March 7th, Elaine Sanders sold 4,992 shares of Trilogy Metals stock. The stock was sold at an average price of $0.45, for a total transaction of $2,246.40.

Trilogy Metals Stock Down 1.2 %

Shares of TMQ stock traded down $0.01 during trading on Wednesday, reaching $0.48. The company’s stock had a trading volume of 137,006 shares, compared to its average volume of 253,242. The firm has a market cap of $77.36 million, a PE ratio of -5.37 and a beta of 1.43. Trilogy Metals Inc. has a one year low of $0.25 and a one year high of $0.65.

Trilogy Metals (NYSEAMERICAN:TMQ) last posted its quarterly earnings results on Wednesday, April 3rd. The mining company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). On average, equities analysts predict that Trilogy Metals Inc. will post -0.03 earnings per share for the current fiscal year.

Institutional Trading of Trilogy Metals

Several institutional investors and hedge funds have recently added to or reduced their stakes in TMQ. Old West Investment Management LLC bought a new stake in Trilogy Metals during the third quarter worth $49,000. Goehring & Rozencwajg Associates LLC raised its position in shares of Trilogy Metals by 3.0% in the fourth quarter. Goehring & Rozencwajg Associates LLC now owns 1,647,016 shares of the mining company’s stock valued at $721,000 after purchasing an additional 47,310 shares during the period. TSP Capital Management Group LLC raised its position in shares of Trilogy Metals by 5.1% in the first quarter. TSP Capital Management Group LLC now owns 5,027,500 shares of the mining company’s stock valued at $2,514,000 after purchasing an additional 245,000 shares during the period. Tidal Investments LLC bought a new position in shares of Trilogy Metals in the first quarter valued at about $525,000. Finally, Virtu Financial LLC raised its position in shares of Trilogy Metals by 301.1% in the first quarter. Virtu Financial LLC now owns 186,226 shares of the mining company’s stock valued at $93,000 after purchasing an additional 139,798 shares during the period. 16.75% of the stock is owned by institutional investors.

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.