Trilogy Metals (NYSEAMERICAN:TMQ) Posts Quarterly Earnings Results

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

Trilogy Metals Trading Down 2.7 %

Shares of TMQ opened at $0.47 on Monday. Trilogy Metals has a 12 month low of $0.39 and a 12 month high of $0.69. The company has a market capitalization 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 other Trilogy Metals news, CFO Elaine Sanders sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $0.42, for a total value of $42,000.00. Following the sale, the chief financial officer now directly owns 2,664,233 shares of the company’s stock, valued at $1,118,977.86. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 8.40% of the stock is owned by corporate insiders.

Institutional Trading of Trilogy Metals

Institutional investors have recently made changes to their positions in the company. Bank of Montreal Can acquired a new position in Trilogy Metals during the first quarter worth $36,000. Acadian Asset Management LLC acquired a new position in Trilogy Metals during the first quarter worth $35,000. Virtu Financial LLC acquired a new position in Trilogy Metals during the first quarter worth $29,000. Millennium Management LLC boosted its stake in Trilogy Metals by 56.1% during the fourth quarter. Millennium Management LLC now owns 466,675 shares of the mining company’s stock worth $257,000 after buying an additional 167,693 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in Trilogy Metals during the fourth quarter worth $55,000. 51.07% of the stock is 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.

Further Reading

Earnings History for Trilogy Metals (NYSEAMERICAN:TMQ)

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