Fundamental Research Gives Trilogy Metals Inc. a ‘Buy’ Rating

    Author Dylan BernhardtPosted on Categories Metals & Mining, Basic MaterialsTags , , , , , , , , , , , , , , , , , , , , , , , , , , ,
    Trilogy Metals

    In a research note on Friday, Fundamental Research restated Trilogy Metals Inc. (NYSE:$TMQ). The research firm also issued a target price of $2.15. This would indicate a possible upside of 138.33% from the most recent close.

    Roth Capital also weighed in on the stock in a research report on Monday, June 12th. Roth issued a ‘Buy’ rating and a price target of $1.50 on the stock.

    Trilogy Metals is a Canadian metal exploration company. Its primary focus is developing and exploring mineral holdings in Alaska, U.S., specifically the Ambler mining district. The company principally operates in the Upper Kobuk Mineral Projects, which are located in the aforementioned Ambler district in Northwest Alaska.

    On Friday, the stock hit $0.91, trading up 0.88%. The stock had 89,262 shares in trading volume during the day. It currently has a 52-week low of $0.41 and a 52-week high of $1.35. The market cap currently sits at $96.05 million.

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    Author Dylan Bernhardt
    About the author: Dylan is a content writer and editor located in Vancouver, British Columbia. He graduated from the University of Regina with BA degrees in both Journalism and History in 2016. His skills include writing, blogging, editing, and developing content for both print and internet media.