Raymond James Issues Positive Forecast for Trilogy Metals (TSE:TMQ) Stock Price

Trilogy Metals (TSE:TMQ) had its target price boosted by Raymond James from C$2.00 to C$2.50 in a research report sent to investors on Monday morning,BayStreet.CA reports. The firm currently has a market perform rating on the stock.

Trilogy Metals Price Performance

Trilogy Metals stock opened at C$2.94 on Monday. Trilogy Metals has a 52-week low of C$0.34 and a 52-week high of C$2.98. The company has a quick ratio of 5.25, a current ratio of 60.98 and a debt-to-equity ratio of 0.12. The firm’s fifty day moving average is C$1.97 and its 200 day moving average is C$1.46. The company has a market cap of C$332.59 million, a price-to-earnings ratio of -32.97 and a beta of 1.33.

About Trilogy Metals

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.