Trilogy Metals Inc (AMEX:TMQ) shares, rose in value on Thursday, April 16, with the stock price down by -10.76% to the previous day’s close as strong demand from buyers drove the stock to $1.41.
Actively observing the price movement in the last trading, the stock closed the session at $1.58, falling within a range of $1.395 and $1.55. The value of beta (5-year monthly) was 2.067. Referring to stock’s 52-week performance, its high was $2.09, and the low was $0.25. On the whole, TMQ has fluctuated by -12.42% over the past month.
With the market capitalization of Trilogy Metals Inc currently standing at about $231.55 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-01.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TMQ’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of TMQ currently trading nearly -8.80% and -3.54% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.01, while the 7-day volatility ratio is showing 9.50% which for the 30-day chart, stands at 11.04%. Furthermore, Trilogy Metals Inc (TMQ)’s beta value is 1.23, and its average true range (ATR) is 0.15.
A comparison of Trilogy Metals Inc (TMQ) with its peers suggests the former has fared considerably weaker in the market. TMQ showed an intraday change of -10.76% in last session, and over the past year, it grew by 180.37%%.
Data on historical trading for Trilogy Metals Inc (AMEX:TMQ) indicates that the trading volumes over the past 10 days have averaged 0.53 and over the past 3 months, they’ve averaged 585.31K. According to company’s latest data on outstanding shares, there are 164.02 million shares outstanding.
Nearly 38.70% of Trilogy Metals Inc’s shares belong to company insiders and institutional investors own 28.49% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.17 million shares as on 2025-03-31, resulting in a short ratio of 2.4. According to the data, the short interest in Trilogy Metals Inc (TMQ) stood at 115.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.78 million. The stock has risen by 21.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TMQ stock heading into the next quarter.
