Trilogy Metals Inc [AMEX: TMQ] gained 0.48% or 0.01 points to close at $2.09 with a heavy trading volume of 14966923 shares.
It opened the trading session at $2.09, the shares rose to $2.21 and dropped to $2.09, the range by which the price of stock traded the whole day. The daily chart for TMQ points out that the company has recorded 47.18% gains over the past six months.
If we look at the average trading volume of 568.31K shares, TMQ reached to a volume of 14966923 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Trilogy Metals Inc [TMQ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TMQ shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TMQ stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Securities have made an estimate for Trilogy Metals Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 24, 2022. The new note on the price target was released on December 23, 2021, representing the official price target for Trilogy Metals Inc stock.
The Price to Book ratio for the last quarter was 2.67, with the Price to Cash per share for the same quarter was set at 0.14.
Trading performance analysis for TMQ stock
Trilogy Metals Inc [TMQ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.88. With this latest performance, TMQ shares gained by 13.59% in over the last four-week period, additionally plugging by 47.18% over the last 6 months – not to mention a rise of 80.17% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TMQ stock in for the last two-week period is set at 54.65, with the RSI for the last a single of trading hit 0.16, and the three-weeks RSI is set at 0.14 for Trilogy Metals Inc [TMQ]. The present Moving Average for the last 50 days of trading for this stock 1.83, while it was recorded at 2.13 for the last single week of trading, and 1.52 for the last 200 days.
Trilogy Metals Inc (TMQ) Capital Structure & Debt Analysis
According to recent financial data for Trilogy Metals Inc. ( TMQ), the Return on Equity (ROE) stands at -7.00%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -6.97%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Trilogy Metals Inc’s Return on Invested Capital (ROIC) is -7.13%, showcasing its effectiveness in deploying capital for earnings.
Trilogy Metals Inc (TMQ) Efficiency & Liquidity Metrics
Based on Trilogy Metals Inc’s (TMQ) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.
Trilogy Metals Inc (TMQ) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Trilogy Metals Inc. (TMQ) effectively leverages its workforce, generating an average of -$1836000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 63.63% and a Quick Ratio of 63.63%, indicating strong ability to cover short-term liabilities.
Trilogy Metals Inc [TMQ]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Trilogy Metals Inc posted -0.01/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TMQ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Trilogy Metals Inc go to -20.42%.
An analysis of Institutional ownership at Trilogy Metals Inc [TMQ]
There are presently around $48.44%, or 59.39%% of TMQ stock, in the hands of institutional investors. The top three institutional holders of TMQ stocks are: PAULSON & CO. INC. with ownership of 14.33 million shares, which is approximately 9.0867%. TSP CAPITAL MANAGEMENT GROUP, LLC, holding 5.0 million shares of the stock with an approximate value of $$2.54 million in TMQ stocks shares; and TSP CAPITAL MANAGEMENT GROUP, LLC, currently with $$1.55 million in TMQ stock with ownership which is approximately 1.9655%.
