Raymond James upgrades Trilogy Metals stock rating on Alaska project By Investing.com

Raymond James upgraded Trilogy Metals (NYSE:TMQ) to Outperform from Market Perform, setting a price target of Cdn$8.00, citing the company’s base metals development opportunity through its Arctic project in Alaska. The stock has seen a 165% return over the past year, though InvestingPro analysis suggests it is overvalued despite a “GOOD” financial health score. The upgrade comesamid other recent developments for Trilogy Metals, including new analyst coverage, executive appointments, a significant stake divestment by John Paulson, and expansion of its advisory team.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin