Trilogy Metals (NYSEAMERICAN:TMQ – Get Free Report) issued its earnings results on Friday. The mining company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01), Zacks reports.
Trilogy Metals Stock Up 5.8 %
TMQ stock opened at $0.55 on Monday. The stock has a market cap of $88.75 million, a price-to-earnings ratio of -6.91 and a beta of 1.42. Trilogy Metals has a one year low of $0.25 and a one year high of $0.61.
Wall Street Analyst Weigh In
Separately, TD Securities cut shares of Trilogy Metals from a “strong-buy” rating to a “hold” rating in a report on Thursday.
Insider Buying and Selling at Trilogy Metals
In related news, CFO Elaine Sanders sold 53,454 shares of the stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $0.49, for a total value of $26,192.46. Following the completion of the transaction, the chief financial officer now directly owns 2,503,107 shares of the company’s stock, valued at approximately $1,226,522.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 8.40% 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.
Recommended Stories
- Five stocks we like better than Trilogy Metals
- How to Calculate Stock Profit
- Positive News is Driving This Cancer Drug Maker’s Stock Higher
- Transportation Stocks Investing
- Top 3 Defense Stocks That Should Be on Your Radar
- What is Short Interest? How to Use It
- Why This Banking Stock Might Be Nearing the Bottom of Its Cycle
Receive News & Ratings for Trilogy Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trilogy Metals and related companies with MarketBeat.com's FREE daily email newsletter.