The 36-month beta value for TMQ is also noteworthy at 1.44. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for TMQ is 98.51M, and at present, short sellers hold a 0.85% of that float. The average trading volume of TMQ on August 14, 2024 was 274.27K shares.
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TMQ) stock’s latest price update
Trilogy Metals Inc (AMEX: TMQ) has experienced a decline in its stock price by -9.14 compared to its previous closing price of 0.55. However, the company has seen a fall of -15.67% in its stock price over the last five trading days. prnewswire.com reported 2024-07-10 that VANCOUVER, BC, July 10, 2024 /PRNewswire/ – Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) (“Trilogy”, “Trilogy Metals” or “the Company”) announces its financial results for the second quarter ended May 31, 2024. Details of the Company’s financial results are contained in the interim unaudited consolidated financial statements and Management’s Discussion and Analysis which will be available on the Company’s website at www.trilogymetals.com, on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.
TMQ’s Market Performance
Trilogy Metals Inc (TMQ) has experienced a -15.67% fall in stock performance for the past week, with a -13.78% drop in the past month, and a -8.41% drop in the past quarter. The volatility ratio for the week is 7.51%, and the volatility levels for the past 30 days are at 7.61% for TMQ. The simple moving average for the past 20 days is -21.52% for TMQ’s stock, with a 4.01% simple moving average for the past 200 days.
TMQ Trading at -9.11% 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 -29.58% of loss for the given period.
Volatility was left at 7.61%, however, over the last 30 days, the volatility rate increased by 7.51%, as shares sank -24.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.60% lower at present.
During the last 5 trading sessions, TMQ fell by -15.67%, which changed the moving average for the period of 200-days by +5.24% in comparison to the 20-day moving average, which settled at $0.6289. In addition, Trilogy Metals Inc saw 16.28% 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 53,454 shares at the price of $0.49 back on Jun 05 ’24. After this action, Sanders Elaine now owns 2,503,107 shares of Trilogy Metals Inc, valued at $26,192 using the latest closing price.
Sanders Elaine, the VP & CFO of Trilogy Metals Inc, sale 94,287 shares at $0.50 during a trade that took place back on Jun 04 ’24, which means that Sanders Elaine is holding 2,556,561 shares at $47,144 based on the most recent closing price.
Stock Fundamentals for TMQ
Current profitability levels for the company are sitting at:
- -473.62 for the present operating margin
- 0.41 for the gross margin
The net margin for Trilogy Metals Inc stands at -1042.61. The total capital return value is set at -0.04. Equity return is now at value -8.93, with -8.90 for asset returns.
Currently, EBITDA for the company is -7.18 million with net debt to EBITDA at 2.2. When we switch over and look at the enterprise to sales, we see a ratio of 5571.03. The receivables turnover for the company is 0.79for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 30.42.
Conclusion
In summary, Trilogy Metals Inc (TMQ) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as 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.
