Trilogy Metals (TMQ) Releases Earnings Results, Misses Expectations By $0.01 EPS

Trilogy Metals (NYSEAMERICAN:TMQ) released its quarterly earnings results on Thursday. The mining company reported ($0.03) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.01), MarketWatch Earnings reports.

TMQ stock opened at $1.20 on Friday. Trilogy Metals has a twelve month low of $0.53 and a twelve month high of $1.64.

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In other Trilogy Metals news, major shareholder Paulson & Co. Inc. acquired 1,527,523 shares of the business’s stock in a transaction dated Tuesday, March 6th. The stock was bought at an average cost of $1.47 per share, with a total value of $2,245,458.81. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Separately, Zacks Investment Research downgraded Trilogy Metals from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th.

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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.

Earnings History for Trilogy Metals (NYSEAMERICAN:TMQ)

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