Trilogy Metals Inc (AMEX: TMQ) is 137.21% higher on its value in year-to-date trading and has touched a low of $0.25 and a high of $1.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TMQ stock was last observed hovering at around $1.02 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.02, the stock is 59.67% and 83.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.48 million and changing 0.00% at the moment leaves the stock 97.99% off its SMA200. TMQ registered 126.72% gain for a year compared to 6-month gain of 148.78%. The firm has a 50-day simple moving average (SMA 50) of $0.5474 and a 200-day simple moving average (SMA200) of $0.5127.
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The stock witnessed a 104.00% loss in the last 1 month and extending the period to 3 months gives it a 78.95%, and is 62.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 23.09% over the week and 11.29% over the month.
Trilogy Metals Inc (TMQ) has around 5 employees, a market worth around $241.35M and $0.00M in sales. Distance from 52-week low is 307.84% and -20.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.45%).
The EPS is expected to grow by 45.00% this year
53.0 institutions hold shares in Trilogy Metals Inc (TMQ), with institutional investors hold 57.66% of the company’s shares. The shares outstanding are 155.93M, and float is at 98.62M with Short Float at 0.22%. Institutions hold 47.38% of the Float.
The top institutional shareholder in the company is PAULSON & CO. INC. with over 14.33 million shares valued at $7.29 million. The investor’s holdings represent 9.0867 of the TMQ Shares outstanding. As of 2024-06-30, the second largest holder is TSP CAPITAL MANAGEMENT GROUP, LLC with 5.0 million shares valued at $2.54 million to account for 3.1696 of the shares outstanding. The other top investors are OLD WEST INVESTMENT MANAGEMENT, LLC which holds 3.1 million shares representing 1.9655 and valued at over $1.55 million, while WEXFORD CAPITAL LP holds 1.5252 of the shares totaling 2.4 million with a market value of $1.22 million.
Trilogy Metals Inc (TMQ) Insider Activity
The most recent transaction is an insider sale by Sanders Elaine, the company’s VP & CFO. SEC filings show that Sanders Elaine sold 152,259 shares of the company’s common stock on Jun 03 ’24 at a price of $0.50 per share for a total of $76130.0. Following the sale, the insider now owns 2.65 million shares.
Trilogy Metals Inc disclosed in a document filed with the SEC on Jun 04 ’24 that Sanders Elaine (VP & CFO) sold a total of 94,287 shares of the company’s common stock. The trade occurred on Jun 04 ’24 and was made at $0.50 per share for $47144.0. Following the transaction, the insider now directly holds 2.56 million shares of the TMQ stock.
Still, SEC filings show that on Jun 05 ’24, Sanders Elaine (VP & CFO) disposed off 53,454 shares at an average price of $0.49 for $26192.0. The insider now directly holds 2,503,107 shares of Trilogy Metals Inc (TMQ).
