Trilogy Metals Inc. (NYSEAMERICAN:TMQ) Shares Bought by Virtu Financial LLC

Virtu Financial LLC lifted its position in shares of Trilogy Metals Inc. (NYSEAMERICAN:TMQ) by 85.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 133,678 shares of the mining company’s stock after buying an additional 61,683 shares during the quarter. Virtu Financial LLC owned approximately 0.08% of Trilogy Metals worth $65,000 at the end of the most recent quarter.

Separately, Old West Investment Management LLC grew its holdings in Trilogy Metals by 54.6% during the 2nd quarter. Old West Investment Management LLC now owns 3,098,931 shares of the mining company’s stock valued at $1,549,000 after buying an additional 1,094,842 shares during the last quarter. Hedge funds and other institutional investors own 16.75% of the company’s stock.

Trilogy Metals Stock Up 1.9 %

NYSEAMERICAN TMQ opened at $1.10 on Friday. Trilogy Metals Inc. has a fifty-two week low of $0.25 and a fifty-two week high of $1.40. The firm has a market capitalization of $177.20 million, a PE ratio of -18.33 and a beta of 1.59.

Trilogy Metals (NYSEAMERICAN:TMQ) last posted its quarterly earnings data on Wednesday, October 9th. The mining company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). As a group, research analysts predict that Trilogy Metals Inc. will post -0.04 earnings per share for the current fiscal year.

About Trilogy Metals

Trilogy Metals Inc, a base metals exploration company, engages in the exploration and development of mineral properties in the United States. The company explores for copper, cobalt, lead, zinc, gold, and silver properties. It principally holds interests in the Upper Kobuk mineral projects that include the Arctic, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite that contains carbonate-hosted copper – cobalt deposits covering an area of approximately 448,217 acres located in the Ambler mining district in Northwest Alaska.