Selz Capital LLC increased its position in shares of Trilogy Metals Inc (NYSEAMERICAN:TMQ) by 13.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 11,571,421 shares of the mining company’s stock after acquiring an additional 1,389,675 shares during the period. Trilogy Metals makes up about 9.2% of Selz Capital LLC’s portfolio, making the stock its 2nd largest holding. Selz Capital LLC owned about 0.09% of Trilogy Metals worth $34,136,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Millennium Management LLC grew its position in Trilogy Metals by 10.3% during the 4th quarter. Millennium Management LLC now owns 5,895,943 shares of the mining company’s stock worth $10,200,000 after purchasing an additional 550,883 shares during the last quarter. DW Partners LP purchased a new stake in Trilogy Metals during the 1st quarter worth approximately $2,485,000. OppenheimerFunds Inc. grew its position in Trilogy Metals by 26.7% during the 1st quarter. OppenheimerFunds Inc. now owns 380,000 shares of the mining company’s stock worth $935,000 after purchasing an additional 80,000 shares during the last quarter. Raymond James & Associates purchased a new stake in Trilogy Metals during the 4th quarter worth approximately $61,000. Finally, Bank of Montreal Can grew its position in Trilogy Metals by 1,045.3% during the 1st quarter. Bank of Montreal Can now owns 13,148 shares of the mining company’s stock worth $33,000 after purchasing an additional 12,000 shares during the last quarter.
Separately, Zacks Investment Research downgraded shares of Hanger from a “hold” rating to a “sell” rating in a research report on Tuesday, May 28th.
Trilogy Metals (NYSEAMERICAN:TMQ) last released its earnings results on Tuesday, July 9th. The mining company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.02.
Trilogy Metals Company Profile
Trilogy Metals Inc, a base metals exploration company, explores for and develops mineral properties in the United States. It principally holds interests in the Upper Kobuk mineral projects that include the Arctic copper-zinc-lead-gold-silver project and Bornite carbonate-hosted copper project covering an area of approximately 355,400 acres located in the Ambler mining district in Northwest Alaska.
Featured Article: What is included in the gross domestic product?
Want to see what other hedge funds are holding TMQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trilogy Metals Inc (NYSEAMERICAN:TMQ).
Receive News & Ratings for Trilogy Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trilogy Metals and related companies with MarketBeat.com's FREE daily email newsletter.