Raymond James Raises Trilogy Metals (TSE:TMQ) Price Target to C$2.00

Trilogy Metals (TSE:TMQ) had its price target increased by equities researchers at Raymond James from C$1.75 to C$2.00 in a research note issued on Tuesday,BayStreet.CA reports. Raymond James’ price target would indicate a potential downside of 1.48% from the stock’s current price.

Separately, TD Securities boosted their price target on shares of Trilogy Metals from C$0.75 to C$1.50 and gave the stock a “hold” rating in a research report on Friday, November 15th.

Trilogy Metals Price Performance

Shares of Trilogy Metals stock opened at C$2.03 on Tuesday. 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’s 50-day moving average price is C$1.72 and its two-hundred day moving average price is C$1.23. Trilogy Metals has a 52 week low of C$0.34 and a 52 week high of C$2.14. The stock has a market cap of C$229.64 million, a PE ratio of -22.76 and a beta of 1.33.

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.