Trilogy Metals Inc. (NYSEAMERICAN:TMQ) Shares Sold by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC lessened its stake in shares of Trilogy Metals Inc. (NYSEAMERICAN:TMQ) by 16.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,392,197 shares of the mining company’s stock after selling 277,019 shares during the quarter. Goehring & Rozencwajg Associates LLC’s holdings in Trilogy Metals were worth $1,615,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of TMQ. Old West Investment Management LLC increased its stake in Trilogy Metals by 252.7% in the 3rd 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 during the period. Wexford Capital LP boosted its holdings in shares of Trilogy Metals by 90.2% in the third quarter. Wexford Capital LP now owns 4,574,292 shares of the mining company’s stock valued at $2,214,000 after acquiring an additional 2,169,593 shares in the last quarter. Finally, Virtu Financial LLC increased its stake in shares of Trilogy Metals by 85.7% during the third quarter. Virtu Financial LLC now owns 133,678 shares of the mining company’s stock worth $65,000 after acquiring an additional 61,683 shares during the period. 16.75% of the stock is owned by institutional investors and hedge funds.

Trilogy Metals Price Performance

Shares of NYSEAMERICAN:TMQ opened at $1.28 on Friday. Trilogy Metals Inc. has a 52 week low of $0.25 and a 52 week high of $1.48. The stock has a market capitalization of $206.63 million, a P/E ratio of -21.33 and a beta of 1.54.

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.