Trilogy Metals (TSE:TMQ) has been assigned a C$2.05 price target by analysts at Fundamental Research in a report issued on Wednesday, January 10th. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s price target would indicate a potential upside of 33.12% from the company’s previous close.
The analysts wrote, “Fundamental Research Corp has issued a report entitled “Trilogy Metals Inc. (NYSE: TMQ / TSX: TMQ) – Successful Drilling at Bornite ” and dated Jan 9, 2018. The full report is now at www.researchfrc.com.
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Trilogy Metals (TSE:TMQ) opened at C$1.54 on Wednesday. The company has a market cap of $165.67, a price-to-earnings ratio of -8.11 and a beta of -0.20. Trilogy Metals has a 52-week low of C$0.60 and a 52-week high of C$2.03.
In related news, insider Nieuwenhuyse Rick Van purchased 1,159,096 shares of the stock in a transaction dated Monday, December 18th. The stock was bought at an average cost of C$0.83 per share, for a total transaction of C$962,049.68.
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About Trilogy Metals
Trilogy Metals Inc, a base metals exploration company, explores for and develops mineral properties in the United States. It principally holds interests in the Upper Kobuk mineral projects, which include the Arctic copper-zinc-lead-gold-silver project; and the Bornite deposit, a carbonate-hosted copper deposit covering an area of approximately 352,943 acres located in the Ambler mining district in Northwest Alaska.
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