Estimating Trilogy Metals (USA Stocks:TMQ) price for August 2023.
 | By Gabriel Shpitalnik | Macroaxis Story |
Trilogy Metals (TMQ) is a stock that has been generating interest among investors, with an analyst target price estimated value of $1.034 and a highest estimated target price of $1.54. The company's book value stands at $0.959, suggesting a relatively undervalued stock. However, the company has reported a negative return on assets TTM of -0.03, indicating potential challenges in profitability. The enterprise value.of Trilogy Metals is approximately $86.2 million, with property, plant, and equipment net worth at $331,000. The company's end period cash flow is $2.57 million, but it's worth noting that the interest expense is significantly higher at $6.95 million. Investors should also consider the daily balance of power at 0.7143, which indicates a stronger buying pressure. The accumulation distribution figure stands at 14,671.78, hinting at a positive trend in the stock's demand. The analyst overall consensus for TMQ is a 'Hold', suggesting a cautious approach. While the stock shows potential, investors should consider the company's financial health and market conditions before making a decision for August 2023. The Debt to Equity Ratio of Trilogy Metals is currently relatively stable, compared to its performance in the previous year. Last year, Trilogy Metals reported a Debt to Equity Ratio of 0.0046. As of March 7, 2023, the Price to Book Value is projected to increase to 0.70, while Earnings Before Tax are expected to decrease to -28.6 million. The primary purpose of this article is to analyze our current position on Trilogy for retail investors who are contemplating shorting it. We will discuss why retail investors might still consider investing in Trilogy Metals.
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Reviewed by Vlad Skutelnik
Investing in Trilogy Metals (TMQ) could be a savvy move for investors looking to diversify their portfolio in August 2023. The company has shown a positive rate of daily change at 1.08, indicating a consistent upward trend in its stock price. Furthermore, the high trading volume of 136,238 today signifies a strong interest in the stock among investors, which could potentially drive the price higher. The Sortino Ratio of 0.0288, although relatively low, suggests that the company has a reasonable risk-adjusted performance. Additionally, the Information Ratio of 0.0369 indicates that Trilogy Metals has outperformed its benchmark index, a positive sign for potential investors. Therefore, considering these factors, Trilogy Metals presents a promising investment opportunity for August 2023. The company, Trilogy Metals, has a beta of 1.2372. This beta value provides an insight into what we can expect from Trilogy's performance in relation to the market. If the market experiences an upswing, Trilogy Metals is anticipated to exceed its performance. Conversely, if the market yields negative returns, Trilogy Metals is likely to underperform. The beta indicator serves as a tool for investors to gauge whether Trilogy Metals' movements align with the overall market trends, and to assess its volatility (i.e., risk) in comparison to the market (i.e., chosen benchmark). Essentially, if Trilogy's deviation from the market is minimal, it does not significantly contribute to the risk of the portfolio, but it also does not enhance the expected returns.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Trilogy Metals. Your research has to be compared to or analyzed against Trilogy Metals' peers to derive any actionable benefits. When done correctly, Trilogy Metals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Trilogy Metals.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Trilogy Metals. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Predictive Modules for Trilogy Metals
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trilogy Metals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Watch out for price decline
Please consider monitoring Trilogy Metals on a daily basis if you are holding a position in it. Trilogy Metals is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Trilogy Metals stock to be traded above the $1 level to remain listed. If Trilogy Metals stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How important is Trilogy Metals's Liquidity
Trilogy Metals financial leverage refers to using borrowed capital as a funding source to finance Trilogy Metals ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Trilogy Metals financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Trilogy Metals' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Trilogy Metals' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Trilogy Metals's total debt and its cash.
Trilogy Metals Gross Profit
Trilogy Metals Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Trilogy Metals previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Trilogy Metals Gross Profit growth over the last 10 years. Please check Trilogy Metals' gross profit and other fundamental indicators for more details.
Breaking it down
Trilogy Metals (TMQ) has been a topic of interest for many investors, especially as we approach August 2023. The company's shares are primarily owned by insiders, with a significant 13.65% stake, suggesting a high level of confidence in the firm's prospects. However, investors should note that the company's Return On Asset stands at -0.0302, indicating that it is currently not generating a positive return on its assets. The company's EBITDA is also in the negative territory at -6.94 million, which could be a cause for concern. On the other hand, the firm's standard deviation is 3.49, suggesting a moderate level of volatility. Trilogy Metals has a healthy total asset base of $146 million, which can provide some assurance to investors about the company's financial stability. The company's short ratio stands at 0.65X, which suggests that there is not a significant amount of short interest in the stock. Additionally, the company's debt to equity ratio is quite low at 0.001%, indicating that the company is not heavily leveraged and has a sound financial structure. However, the company's Value At Risk stands at -5.17, suggesting a potential downside risk. The price to earning ratio of 2.06X indicates that the stock could be undervalued. Given these factors, investors should carefully consider their position in Trilogy Metals for August 2023.
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