Trilogy Metals (NYSEAMERICAN:TMQ) Announces Quarterly Earnings Results

Trilogy Metals (NYSEAMERICAN:TMQGet Free Report) posted its earnings results on Friday. The mining company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01), Zacks reports.

Trilogy Metals Trading Down 2.7 %

Shares of NYSEAMERICAN:TMQ opened at $0.47 on Friday. Trilogy Metals has a 1-year low of $0.39 and a 1-year high of $0.69. The company has a market cap of $73.61 million, a price-to-earnings ratio of -4.72 and a beta of 1.30.

Insider Buying and Selling at Trilogy Metals

In related news, CFO Elaine Sanders sold 100,000 shares of the company’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $0.42, for a total transaction of $42,000.00. Following the sale, the chief financial officer now owns 2,664,233 shares of the company’s stock, valued at $1,118,977.86. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 8.40% of the company’s stock.

Institutional Trading of Trilogy Metals

Institutional investors have recently bought and sold shares of the stock. TSP Capital Management Group LLC increased its holdings in Trilogy Metals by 5.3% in the 3rd quarter. TSP Capital Management Group LLC now owns 5,927,500 shares of the mining company’s stock worth $2,904,000 after acquiring an additional 300,000 shares in the last quarter. Millennium Management LLC boosted its stake in Trilogy Metals by 56.1% during the 4th quarter. Millennium Management LLC now owns 466,675 shares of the mining company’s stock worth $257,000 after purchasing an additional 167,693 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Trilogy Metals by 167.8% during the 2nd quarter. Renaissance Technologies LLC now owns 317,300 shares of the mining company’s stock worth $188,000 after purchasing an additional 198,800 shares during the last quarter. Fore Capital LLC boosted its stake in Trilogy Metals by 100.0% during the 3rd quarter. Fore Capital LLC now owns 200,000 shares of the mining company’s stock worth $98,000 after purchasing an additional 100,000 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in Trilogy Metals during the 4th quarter worth $55,000. 51.07% of the stock is currently owned by institutional investors and hedge funds.

About Trilogy Metals

(Get Free Report)

Trilogy Metals Inc, a base metals exploration company, explores for and develops mineral properties in the United States. It principally holds interests in the Upper Kobuk mineral projects that include the Arctic, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite that contains carbonate-hosted copper – cobalt deposits covering an area of approximately 448,217 acres located in the Ambler mining district in Northwest Alaska.

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Earnings History for Trilogy Metals (NYSEAMERICAN:TMQ)

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