Separately, Roth Capital initiated coverage on Trilogy Metals in a report on Monday, June 12th. They set a buy rating and a $1.50 price target for the company.
Shares of Trilogy Metals (NYSE:TMQ) opened at 0.9531 on Friday. The firm’s market capitalization is $100.55 million. Trilogy Metals has a 52 week low of $0.41 and a 52 week high of $1.35. The firm’s 50-day moving average is $0.99 and its 200 day moving average is $0.81.
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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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