Trilogy Metals (NYSEAMERICAN:TMQ) Issues Earnings Results, Misses Expectations By $0.01 EPS


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Trilogy Metals (NYSEAMERICAN:TMQ) posted its quarterly earnings data on Tuesday. The mining company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01), MarketWatch Earnings reports.

Shares of TMQ remained flat at $$2.29 during trading on Thursday. The company’s stock had a trading volume of 1,732 shares, compared to its average volume of 527,198. The stock’s fifty day simple moving average is $1.88. Trilogy Metals has a one year low of $1.40 and a one year high of $2.60. The company has a market capitalization of $330.25 million, a P/E ratio of 2.15 and a beta of 1.55.

Several research firms have commented on TMQ. Zacks Investment Research upgraded Trilogy Metals from a “sell” rating to a “hold” rating in a report on Friday, December 25th. TD Securities lifted their price target on Trilogy Metals from $3.25 to $3.50 and gave the company a “hold” rating in a report on Tuesday, February 16th. Roth Capital lifted their price target on Trilogy Metals from $3.25 to $3.50 and gave the company a “buy” rating in a report on Tuesday, February 16th. Finally, Raymond James boosted their target price on Trilogy Metals from $3.75 to $4.00 and gave the stock an “outperform” rating in a report on Friday, January 15th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $3.31.

About Trilogy Metals

Trilogy Metals Inc, a base metals exploration company, explores for and develops mineral properties in the United States. 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 426,690 acres located in the Ambler mining district in Northwest Alaska.

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Earnings History for Trilogy Metals (NYSEAMERICAN:TMQ)

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