Trilogy Metals Inc (AMEX:TMQ) price on Wednesday, April 17, fall -20.44% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.40.
A look at the stock’s price movement, the close in the last trading session was $0.50. Turning to its 52-week performance, $0.69 and $0.39 were the 52-week high and 52-week low respectively. Overall, TMQ moved -14.89% over the past month.
Trilogy Metals Inc’s market cap currently stands at around $64.08 million.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that TMQ is a 50% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
TMQ’s current price about -19.94% and -15.52% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 32.15, while 7-day volatility ratio is 16.89% and 9.12% in the 30-day chart. Further, Trilogy Metals Inc (TMQ) has a beta value of 1.23, and an average true range (ATR) of 0.05.
If we refocus on Trilogy Metals Inc (AMEX:TMQ), historical trading data shows that trading volumes averaged 197.74K over the past 3 months. The company’s latest data on shares outstanding shows there are 155.93 million shares.
The 38.97% of Trilogy Metals Inc’s shares are in the hands of company insiders while institutional holders own 22.73% of the company’s shares. Current price change has pushed the stock -6.95% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TMQ stock continues to rise going into the next quarter.
