The closing price of Trilogy Metals Inc. (AMEX: TMQ) was $0.47 for the day, down -6.48% from the previous closing price of $0.50. In other words, the price has decreased by -$0.0326 from its previous closing price. On the day, 750798 shares were traded.
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Our analysis of TMQ’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.20 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 25 when Electrum Strategic Opportuniti bought 2,181,818 shares for $0.55 per share. The transaction valued at 1,200,000 led to the insider holds 31,604,741 shares of the business.
South32 Ltd bought 2,181,818 shares of TMQ for $1,200,000 on Apr 25. The 10% Owner now owns 18,595,311 shares after completing the transaction at $0.55 per share. On Dec 01, another insider, Sanders Elaine, who serves as the VP and CFO of the company, sold 25,000 shares for $0.60 each. As a result, the insider received 15,000 and left with 1,652,362 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TMQ now has a Market Capitalization of 86.18M and an Enterprise Value of 84.67M.
Stock Price History:
Over the past 52 weeks, TMQ has reached a high of $1.10, while it has fallen to a 52-week low of $0.49. The 50-Day Moving Average of the stock is 0.5638, while the 200-Day Moving Average is calculated to be 0.5963.
TMQ traded an average of 216.94K shares per day over the past three months and 356.9k shares per day over the past ten days. A total of 147.77M shares are outstanding, with a floating share count of 116.86M. Insiders hold about 13.65% of the company’s shares, while institutions hold 42.34% stake in the company. Shares short for TMQ as of May 14, 2023 were 36.56k with a Short Ratio of 0.03M, compared to 40.88k on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.02% and a Short% of Float of 0.04%.
The firm’s stock currently is rated by 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.05. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.04 and -$0.11 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is -$0.07, with 2 analysts recommending between -$0.02 and -$0.13.