Trilogy Metals (TSE:TMQ – Get Free Report) was downgraded by Raymond James from an “outperform” rating to a “market perform” rating in a report released on Tuesday, BayStreet.CA reports. They currently have a C$1.00 price objective on the stock, down from their prior price objective of C$1.25. Raymond James’ price objective suggests a potential upside of 85.19% from the stock’s current price.
Separately, National Bankshares reduced their price objective on shares of Trilogy Metals from C$1.00 to C$0.75 and set a “sector perform” rating for the company in a research report on Monday, January 8th.
Read Our Latest Analysis on Trilogy Metals
Trilogy Metals Trading Down 5.3 %
Trilogy Metals (TSE:TMQ – Get Free Report) last released its quarterly earnings results on Friday, February 9th. The company reported C($0.01) EPS for the quarter, hitting the consensus estimate of C($0.01). Equities research analysts forecast that Trilogy Metals will post -0.07 EPS for the current fiscal year.
Insider Activity at Trilogy Metals
In other news, Senior Officer Elaine Sanders sold 56,885 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of C$0.46, for a total value of C$26,195.54. In the last ninety days, insiders have sold 72,351 shares of company stock valued at $33,085. Corporate insiders own 17.12% of the company’s stock.
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.
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