TMQ Stock Recent News
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Trilogy Metals (NYSEMKT: TMQ ) stock is down on Wednesday after the company posted an update to its Ambler Access Project. The big news here are reports that the Department of Interior is planning to block the company's access to Ambler Mining District.
IMNM, SLOIF and TMQ have been added to the Zacks Rank #5 (Strong Sell) List on April 4, 2023.
Trilogy Metals Inc. (TMQ) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Trilogy Metals Inc. (TMQ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Trilogy Metals has fallen almost 70% YTD. The fall is justified by the fact that the timeline for the Arctic project has now been considerably extended.
(Kitco News) - The company is a 50% owner of the Upper Kobuk Mineral Projects in Northwestern Alaska. South32 is the other joint venture partner.