In the last trading session, 4.5 million shares of the Trilogy Metals Inc (AMEX:TMQ) were traded, and its beta was 1.43. Most recently the company’s share price was $1.28, and it changed around $0.34 or 36.66% from the last close, which brings the market valuation of the company to $387.02M. TMQ currently trades at a discount to its 52-week high of $1.29, offering almost -0.78% off that amount. The share price’s 52-week low was $0.25, which indicates that the current value has risen by an impressive 80.47% since then. We note from Trilogy Metals Inc’s average daily trading volume that its 10-day average is 9.58 million shares, with the 3-month average coming to 1.53 million.
Trilogy Metals Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.20. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 3 recommended TMQ as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Trilogy Metals Inc is expected to report earnings per share of -0.01 for the current quarter.
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Trilogy Metals Inc (AMEX:TMQ) trade information
Instantly TMQ has showed a green trend with a performance of 36.66% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.3300 on recent trading dayincreased the stock’s daily price by 3.76%. The company’s shares are currently up 197.67% year-to-date, but still up 26.73% over the last five days. On the other hand, Trilogy Metals Inc (AMEX:TMQ) is 125.35% up in the 30-day period. We can see from the shorts that 0.25 million shares have been sold at a short interest cover period of 1.49 day(s).
Trilogy Metals Inc (TMQ) estimates and forecasts
Trilogy Metals Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 169.47 percent over the past six months and at a 20.00% annual growth rate that is well above the industry average of 13.80%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 48.03% in revenue this quarter, and will report an increase of 22.68% in the next quarter.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 11.41%.
TMQ Dividends
Trilogy Metals Inc’s next quarterly earnings report is expected to be released in December.
Trilogy Metals Inc (AMEX:TMQ)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 17.82% of Trilogy Metals Inc shares, and 48.30% of them are in the hands of institutional investors. The stock currently has a share float of 58.78%. Trilogy Metals Inc stock is held by 60.0 institutions, with PAULSON & CO. INC. being the largest institutional investor. By 2024-06-30, it held 9.0867% of the shares, which is about 14.33 million shares worth $7.29 million.
TSP CAPITAL MANAGEMENT GROUP, LLC, with 3.1696% or 5.0 million shares worth $2.54 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
