TMQ – Trilogy Metals Inc: The Kirkland Lake of Copper Stocks?
Update of the chart for TMQ posted on Goldtent on December 18th when TMQ was trading at 1.70 per share. TMQ closed last week at 2.48 per share, a gain of 46% in nearly 5 months.
In the post from December, I noted the 2 year uptrend on the TMQ vs Nasdaq 100 ratio chart, and the cup and handle bullish reversal following a 5 year downtrend. Trilogy Metals Inc (formerly known as NovaCopper) has gained nearly 400% since the beginning of 2017, while the Nasdaq 100 has returned a “paltry” 57%. Way to go TMQ. Fighting the FAANGman… -Harry