Look Past The Setbacks And Give Trilogy Metals Inc (AMEX: TMQ) Another Chance

Trilogy Metals Inc (AMEX:TMQ) currently has a daily average trading volume of 349.03K but it saw 930903 shares traded in last market. With a market cap of 229.52M USD, the company’s current market price of $1.40 came rising about 6.06 while comparing to the previous closing price of $1.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.48 and as low as $0.25.

Taking a look at 20-day trading activity of Trilogy Metals Inc (TMQ) gives us an average price of $1.3065, while its current price level is -5.41% below from 52-week high level whereas it is 459.78% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.1983 while that of 200 days or SMA-200 reads an average of $0.7597. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.50% during that period while stretching the period over a month that increases to 7.16%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.15 which implies that the stock is in neutral territory.

Over the week, TMQ’s stock price is moving 11.11% up while it is 16.67% when we observe its performance for the past one month. Year-to-date it is 20.69% up and over the past year, the stock is showing an upside performance of 207.46%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.01 while estimate for next year EPS is -0.06.

Currently, Trilogy Metals Inc’s total number of outstanding shares is 161.09M with 18.95% of that held by the insiders while 48.50% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.46% and return on equity (ROE) at -6.35%. Stock’s beta reads 1.45. Stock has a price to book (P/B) ratio of 1.70. Its return on asset (ROA) is -6.32% on average.