Trilogy Metals Inc (TMQ) Earns “Buy” Rating from Fundamental Research
Trilogy Metals Inc (NYSE:TMQ)‘s stock had its “buy” rating restated by research analysts at Fundamental Research in a research note issued to investors on Friday. They presently have a $2.15 price target on the stock. Fundamental Research’s price target suggests a potential upside of 138.33% from the company’s previous close.
Separately, Roth Capital assumed coverage on Trilogy Metals in a research note on Monday, June 12th. They issued a “buy” rating and a $1.50 price target for the company.
Shares of Trilogy Metals (TMQ) traded down 0.9090% during trading on Friday, reaching $0.8939. The company’s stock had a trading volume of 83,299 shares. The company’s 50 day moving average price is $1.00 and its 200 day moving average price is $0.80. The firm’s market cap is $94.35 million. Trilogy Metals has a 12 month low of $0.41 and a 12 month high of $1.35.
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Trilogy Metals Company Profile
Trilogy Metals Inc, formerly NovaCopper Inc, is a Canada-based base metals exploration company. The Company focuses on exploring and developing its mineral holdings in the Ambler mining district located in Alaska, the United States. The Company’s principal assets, the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), are located in the Ambler mining district in Northwest Alaska.
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