Trilogy Metals Inc (AMEX: TMQ) is 163.41% higher on its value in year-to-date trading and has touched a low of $0.47 and a high of $2.09 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 $1.38 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $1.35, the stock is -0.06% and -3.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing -2.17% at the moment leaves the stock 13.88% off its SMA200. TMQ registered 16.38% gain for a year compared to 6-month gain of 18.42%. The firm has a 50-day simple moving average (SMA 50) of $1.4014 and a 200-day simple moving average (SMA200) of $1.1857.
The stock witnessed a 4.65% loss in the last 1 month and extending the period to 3 months gives it a -13.46%, and is -6.25% down 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 5.63% over the week and 5.30% over the month.
Trilogy Metals Inc (TMQ) has around 5 employees, a market worth around $221.72M and $0.00M in sales. Distance from 52-week low is 187.23% and -35.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.54%).
The EPS is expected to shrink by 0.00% this year
73.0 institutions hold shares in Trilogy Metals Inc (TMQ), with institutional investors hold 64.09% of the company’s shares. The shares outstanding are 164.02M, and float is at 99.39M with Short Float at 0.36%. Institutions hold 52.27% 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.
