Trilogy Metals Inc. (TSE:TMQ) Senior Officer Elaine Sanders Sells 53,454 Shares

Trilogy Metals Inc. (TSE:TMQ) Senior Officer Elaine Sanders sold 53,454 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of C$0.49, for a total transaction of C$26,192.46.

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

• On Friday, March 8th, Elaine Sanders sold 15,008 shares of Trilogy Metals stock. The shares were sold at an average price of C$0.45, for a total transaction of C$6,678.56.

Trilogy Metals Stock Up 3.0 %

TSE TMQ traded up C$0.02 during trading on Wednesday, reaching C$0.69. 8,000 shares of the company’s stock traded hands, compared to its average volume of 23,450. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.64 and a quick ratio of 5.25. The firm has a market cap of C$110.52 million, a price-to-earnings ratio of -5.75 and a beta of 1.16. The company’s 50 day simple moving average is C$0.64 and its two-hundred day simple moving average is C$0.62. Trilogy Metals Inc. has a 12-month low of C$0.34 and a 12-month high of C$0.85.

Trilogy Metals (TSE:TMQ) last released its quarterly earnings results on Wednesday, April 3rd. The company reported C($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.02). As a group, sell-side analysts forecast that Trilogy Metals Inc. will post -0.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Raymond James downgraded shares of Trilogy Metals from an “outperform” rating to a “market perform” rating and cut their target price for the company from C$1.25 to C$1.00 in a research report on Tuesday, April 23rd.

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.