Shares of Trilogy Metals (TSE:TMQ) are moving below the 50-day moving average of $0.77

Trilogy Metals Inc Share Price (TSE:TMQ – Get Free Report ) moved below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $0.77 and traded as high as $0.66. Shares of Trilogy Metals last traded at $0.66, with a volume of 1,602 shares changing hands.

The Wall Street analyst weighs in

Separately, TD Securities lowered shares of Trilogy Metals from a “buy” rating to a “hold” rating and set a $0.75 price target on the stock. in a report on Thursday, July 11.

Check out our latest analysis of Trilogy Metals

Trilogy Metals price performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 30.42, and a quick ratio of 5.25. The stock has a market cap of $105.96 million, a price-to-earnings ratio of -6.00 and a beta of 1.34. The company has a 50 day simple moving average of $0.77 and a two hundred day simple moving average of $0.69.

Trilogy Metals (TSE:TMQ – Get Your Free Report ) last released its quarterly earnings data on Wednesday, July 10th. The company reported C ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of C ($0.01). On average, equities research analysts predict that Trilogy Metals Inc. will post -0.07 earnings per share for the current year.

Trilogy Metals Company Profile

(Get a free report)

Trilogy Metals Inc, a base metals exploration company, is engaged in the exploration and development of mineral properties in the United States. The company explores copper, cobalt, lead, zinc, gold and silver properties. It primarily holds interests in the Upper Kobuk mineral projects, which include Arctica, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite containing carbonate-hosted copper-cobalt deposits covering an area of ​​approximately 448,217 acres located in the Ambler Mining District of Northwest Alaska.

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