Trilogy Metals Inc. which can be found using ticker (TMQ) have now 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 1.75 and 1.28 and has a mean target at $1.51. Given that the stocks previous close was at $.60 this is indicating there is a potential upside of 151.7%. Also worth taking note is the 50 day moving average now sits at $.56 and the 200 day MA is $.61. The market cap for the company is $87m. You can visit the company’s website by visiting: https://www.trilogymetals.com
The potential market cap would be $220m based on the market consensus.
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 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. The company was formerly known as NovaCopper Inc. and changed its name to Trilogy Metals Inc. in September 2016. Trilogy Metals Inc. was founded in 2004 and is based in Vancouver, Canada.
The company is not paying dividends at this time.
