Trilogy Metals Inc. – Consensus Indicates Potential 222.7% Upside

Broker Ratings
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Trilogy Metals Inc. with ticker code (TMQ) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 2.5 and 1.75 calculating the mean target price we have 2.13. With the stocks previous close at 0.66 this would imply there is a potential upside of 222.7%. The 50 day moving average now sits at 0.68and the 200 day moving average is 1.13. The market cap for the company is $96m. Visit the company website at:https://www.trilogymetals.com

The potential market cap would be $308m based on the market concensus.

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 426,690 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 headquartered in Vancouver, Canada.

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