Headlines about Trilogy Metals (NYSE:TMQ) have been trending positive this week, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Trilogy Metals earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news coverage about the company an impact score of 44.0733994505471 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Trilogy Metals (NYSE:TMQ) traded down 1.0500% during midday trading on Wednesday, reaching $0.9895. The company had a trading volume of 118,931 shares. The stock’s 50 day moving average is $1.08 and its 200-day moving average is $0.75. Trilogy Metals has a 12-month low of $0.41 and a 12-month high of $1.35. The stock’s market capitalization is $104.45 million.
Separately, Roth Capital started coverage on Trilogy Metals in a research report on Monday, June 12th. They issued a “buy” rating and a $1.50 target price on the stock.
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About Trilogy Metals
Trilogy Metals Inc, formerly NovaCopper Inc, is a Canada-based base metals exploration company. The Company focuses on exploring and developing its mineral holdings in the Ambler mining district located in Alaska, the United States. The Company’s principal assets, the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), are located in the Ambler mining district in Northwest Alaska.
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