Let’s look at the key reasons that are pushing Trilogy Metals Inc (TMQ) to new highs

Trilogy Metals Inc (AMEX: TMQ) kicked off on Monday, down -9.39% from the previous trading day, before settling in for the closing price of $1.23. Over the past 52 weeks, TMQ has traded in a range of $0.25-$1.40.

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While this was happening, its average annual earnings per share was recorded 45.00%. With a float of $99.71 million, this company’s outstanding shares have now reached $160.57 million.

Considering the fact that the conglomerate employs 5 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 49.53%, operating margin of -53297.86%, and the pretax margin is -83568.49%.

Trilogy Metals Inc (TMQ) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of Trilogy Metals Inc is 38.03%, while institutional ownership is 26.88%. The most recent insider transaction that took place on Jun 03 ’24, was worth 76,130. In this transaction VP & CFO of this company sold 152,259 shares at a rate of $0.50, taking the stock ownership to the 2,650,848 shares. Before that another transaction happened on Jun 04 ’24, when Company’s VP & CFO sold 94,287 for $0.50, making the entire transaction worth $47,144. This insider now owns 2,556,561 shares in total.

Trilogy Metals Inc (TMQ) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 8/31/2024, the organization reported -0.03 earnings per share (EPS), lower than consensus estimate (set at -0.02) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 45.00% per share during the next fiscal year.

Trilogy Metals Inc (AMEX: TMQ) Trading Performance Indicators

Take a look at Trilogy Metals Inc’s (TMQ) current performance indicators. Last quarter, stock had a quick ratio of 60.98.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.07 in one year’s time.

Technical Analysis of Trilogy Metals Inc (TMQ)

Compared to the last year’s volume of 0.64 million, its volume of 0.28 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 52.04%. Additionally, its Average True Range was 0.12.

During the past 100 days, Trilogy Metals Inc’s (TMQ) raw stochastic average was set at 68.82%, which indicates a significant increase from 41.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 171.45% in the past 14 days, which was higher than the 123.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.7668, while its 200-day Moving Average is $0.5685. Nevertheless, the first resistance level for the watch stands at $1.1833 in the near term. At $1.2567, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2933. If the price goes on to break the first support level at $1.0733, it is likely to go to the next support level at $1.0367. Now, if the price goes above the second support level, the third support stands at $0.9633.

Trilogy Metals Inc (AMEX: TMQ) Key Stats

The company with the Market Capitalisation of 178.60 million has total of 160,903K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -14,950 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -1,590 K.