Trilogy Metals Inc (TMQ) Stock: A Closer Look

At the time of writing, Trilogy Metals Inc [TMQ] stock is trading at $1.58, up 10.49%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value.

From an analyst’s perspective:

Trilogy Metals Inc [AMEX: TMQ] stock has seen the most recent analyst activity on February 24, 2022, when TD Securities downgraded its rating to a Hold. Previously, TD Securities upgraded its rating to Speculative Buy on December 23, 2021. On December 17, 2021, Scotiabank initiated with a Sector Perform rating. BMO Capital Markets started tracking the stock assigning a Outperform rating. TD Securities downgraded its rating to a Hold. In a note dated June 12, 2017, ROTH Capital initiated an Buy rating and provided a target price of $1.50 on this stock.

For the past year, the stock price of Trilogy Metals Inc fluctuated between $0.25 and $2.09. Trilogy Metals Inc [AMEX: TMQ] shares were valued at $1.58 at the most recent close of the market.

Analyzing the TMQ fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.06 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4733 points at the first support level, and at 1.3667 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6333, and for the 2nd resistance point, it is at 1.6867.

Ratios To Look Out For

It is important to note that Trilogy Metals Inc [AMEX:TMQ] has a current ratio of 36.08. As well, the Quick Ratio is 36.08, while the Cash Ratio is 35.92.

Transactions by insiders

Recent insider trading involved Sanders Elaine, VP & CFO, that happened on Jun 03 ’24 when 0.15 million shares were sold. VP & CFO, Sanders Elaine completed a deal on Jun 04 ’24 to sell 94287.0 shares. Meanwhile, VP & CFO Sanders Elaine sold 53454.0 shares on Jun 05 ’24.

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