TD Securities Increases Trilogy Metals (TSE:TMQ) Price Target to C$2.25

Trilogy Metals (TSE:TMQ) had its target price boosted by equities researchers at TD Securities from C$2.00 to C$2.25 in a report issued on Thursday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ price target suggests a potential upside of 9.76% from the stock’s previous close.

Separately, Raymond James boosted their price target on shares of Trilogy Metals from C$2.00 to C$2.50 and gave the stock a “market perform” rating in a research note on Monday, March 24th.

Trilogy Metals Price Performance

TMQ stock opened at C$2.05 on Thursday. The business’s fifty day moving average price is C$2.06 and its 200 day moving average price is C$1.56. Trilogy Metals has a 12-month low of C$0.34 and a 12-month high of C$2.98. 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 company has a market capitalization of C$231.91 million, a PE ratio of -22.99 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.