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

Virtu Financial LLC boosted its holdings in shares of Trilogy Metals Inc. (NYSEAMERICAN:TMQ) by 85.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 133,678 shares of the mining company’s stock after purchasing an additional 61,683 shares during the quarter. Virtu Financial LLC’s holdings in Trilogy Metals were worth $65,000 as of its most recent SEC filing.

Separately, Old West Investment Management LLC raised its stake in Trilogy Metals by 252.7% during the third quarter. Old West Investment Management LLC now owns 10,929,140 shares of the mining company’s stock valued at $5,465,000 after buying an additional 7,830,209 shares in the last quarter. 16.75% of the stock is currently owned by institutional investors.

Trilogy Metals Stock Up 1.9 %

Shares of TMQ opened at $1.10 on Friday. Trilogy Metals Inc. has a 52 week low of $0.25 and a 52 week high of $1.40. The company 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 released 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). Equities analysts expect that Trilogy Metals Inc. will post -0.04 earnings per share for the current 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.