Trilogy Metals Inc (TMQ) Stock: Analyzing the Market Value

The 36-month beta value for TMQ is at 1.25. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for TMQ is 97.10M, and currently, shorts hold a 0.09% of that float. The average trading volume for TMQ on April 03, 2024 was 189.29K shares.

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TMQ) stock’s latest price update

Trilogy Metals Inc (AMEX: TMQ)’s stock price has gone rise by 6.35 in comparison to its previous close of 0.51, however, the company has experienced a 9.26% increase in its stock price over the last five trading days. Zacks Investment Research reported 2023-02-28 that Trilogy Metals Inc. (TMQ) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

TMQ’s Market Performance

TMQ’s stock has risen by 9.26% in the past week, with a monthly rise of 23.30% and a quarterly rise of 26.16%. The volatility ratio for the week is 6.02% while the volatility levels for the last 30 days are 7.70% for Trilogy Metals Inc The simple moving average for the past 20 days is 15.17% for TMQ’s stock, with a 12.95% simple moving average for the past 200 days.

TMQ Trading at 14.64% from the 50-Day Moving Average

After a stumble in the market that brought TMQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.95% of loss for the given period.

Volatility was left at 7.70%, however, over the last 30 days, the volatility rate increased by 6.02%, as shares surge +23.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.76% upper at present.

During the last 5 trading sessions, TMQ rose by +9.26%, which changed the moving average for the period of 200-days by -1.36% in comparison to the 20-day moving average, which settled at $0.4762. In addition, Trilogy Metals Inc saw 26.16% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TMQ starting from Sanders Elaine, who sale 15,008 shares at the price of $0.45 back on Mar 08 ’24. After this action, Sanders Elaine now owns 2,734,248 shares of Trilogy Metals Inc, valued at $6,679 using the latest closing price.

Sanders Elaine, the VP & CFO of Trilogy Metals Inc, sale 4,992 shares at $0.45 during a trade that took place back on Mar 07 ’24, which means that Sanders Elaine is holding 2,749,256 shares at $2,238 based on the most recent closing price.

Stock Fundamentals for TMQ

The total capital return value is set at -0.05. Equity return is now at value -10.57, with -10.53 for asset returns.

Based on Trilogy Metals Inc (TMQ), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -93.73. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -0.97.

Currently, EBITDA for the company is -7.18 million with net debt to EBITDA at 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.20.

Conclusion

In conclusion, Trilogy Metals Inc (TMQ) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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