Key Points
- Director William Iggiagruk Hensley sold 25,107 shares of Trilogy Metals at an average price of $4.40 on Feb. 26 for $110,470.80, cutting his holding by 57.53% to 18,531 shares.
- Institutional activity picked up—Electrum Group LLC opened a new position worth roughly $136.2 million in Q4 and several hedge funds materially increased stakes, with institutional ownership around 16.75%.
- Shares opened at $4.43 (52‑week range $1.13–$11.29) and analysts have moved ratings higher, leaving a consensus of Moderate Buy with an average target of $7.75.
Trilogy Metals Inc. (NYSEAMERICAN:TMQ - Get Free Report) Director William Iggiagruk Hensley sold 25,107 shares of the business's stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $4.40, for a total value of $110,470.80. Following the completion of the sale, the director owned 18,531 shares in the company, valued at approximately $81,536.40. This trade represents a 57.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Trilogy Metals Stock Performance
NYSEAMERICAN:TMQ opened at $4.43 on Friday. The stock has a 50-day simple moving average of $4.94 and a 200 day simple moving average of $4.08. Trilogy Metals Inc. has a 52-week low of $1.13 and a 52-week high of $11.29. The company has a market cap of $764.40 million, a PE ratio of -17.72 and a beta of 1.18.
Institutional Investors Weigh In On Trilogy Metals
Several hedge funds have recently bought and sold shares of TMQ. Electrum Group LLC acquired a new position in Trilogy Metals during the fourth quarter worth approximately $136,216,000. Old West Investment Management LLC boosted its stake in shares of Trilogy Metals by 9.7% during the 3rd quarter. Old West Investment Management LLC now owns 12,165,552 shares of the mining company's stock worth $25,548,000 after acquiring an additional 1,071,126 shares during the period. TSP Capital Management Group LLC boosted its stake in shares of Trilogy Metals by 9.1% during the 3rd quarter. TSP Capital Management Group LLC now owns 6,715,000 shares of the mining company's stock worth $14,102,000 after acquiring an additional 562,500 shares during the period. Tidal Investments LLC increased its holdings in shares of Trilogy Metals by 33.0% during the 3rd quarter. Tidal Investments LLC now owns 3,625,129 shares of the mining company's stock worth $7,613,000 after acquiring an additional 899,656 shares during the last quarter. Finally, Goehring & Rozencwajg Associates LLC raised its stake in Trilogy Metals by 5.2% in the 4th quarter. Goehring & Rozencwajg Associates LLC now owns 1,408,204 shares of the mining company's stock valued at $6,105,000 after acquiring an additional 69,883 shares during the period. 16.75% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages recently commented on TMQ. Raymond James Financial restated a "market perform" rating on shares of Trilogy Metals in a report on Wednesday, January 14th. TD Securities upgraded shares of Trilogy Metals from a "hold" rating to a "buy" rating in a research note on Friday, February 20th. TD Cowen upgraded Trilogy Metals from a "hold" rating to a "buy" rating in a report on Friday, February 20th. Finally, Cormark upgraded Trilogy Metals from a "hold" rating to a "moderate buy" rating in a report on Thursday, December 18th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Trilogy Metals has an average rating of "Moderate Buy" and an average target price of $7.75.
View Our Latest Report on TMQ
Trilogy Metals Company Profile
(
Get Free Report)
Trilogy Metals Inc is a mineral exploration and development company focused on advancing high‐value copper, zinc, lead, gold and silver projects in northwestern Alaska. The company's flagship asset lies within the Ambler mining district, where it has assembled over 100,000 acres of mineral rights. Through systematic exploration programs, Trilogy Metals seeks to delineate and expand polymetallic deposits in one of the world's richest base and precious metal regions.
The centerpiece of Trilogy's portfolio is the Upper Kobuk Mineral Projects (UKMP), which includes the Arctic copper‐zinc‐lead‐gold‐silver deposit and the Bornite copper deposit.
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