Trilogy Metals (TSE:TMQ) Reaches New 12-Month High – What’s Next?

Trilogy Metals Inc. (TSE:TMQ)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as C$2.65 and last traded at C$2.64, with a volume of 96222 shares. The stock had previously closed at C$2.33.

Analysts Set New Price Targets

Separately, Raymond James boosted their price target on shares of Trilogy Metals from C$1.75 to C$2.00 in a research report on Tuesday, February 18th.

Trilogy Metals Stock Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.25 and a current ratio of 60.98. The stock’s fifty day moving average price is C$1.94 and its 200-day moving average price is C$1.44. The company has a market capitalization of C$290.73 million, a P/E ratio of -28.82 and a beta of 1.33.

Trilogy Metals Company Profile

Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States.