Trilogy Metals (TSE:TMQ) Price Target Raised to C$2.00

Trilogy Metals (TSE:TMQ) had its target price hoisted by Raymond James from C$1.75 to C$2.00 in a research note published on Tuesday,BayStreet.CA reports.

Separately, TD Securities increased their price objective on Trilogy Metals from C$0.75 to C$1.50 and gave the company a “hold” rating in a research note on Friday, November 15th.

Trilogy Metals Price Performance

TMQ stock opened at C$2.08 on Tuesday. The company has a market cap of C$235.30 million, a price-to-earnings ratio of -23.32 and a beta of 1.33. The company has a current ratio of 60.98, a quick ratio of 5.25 and a debt-to-equity ratio of 0.12. The firm has a 50 day moving average of C$1.73 and a 200-day moving average of C$1.24. Trilogy Metals has a 12-month low of C$0.34 and a 12-month high of C$2.22.

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.