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Benzinga
Benzinga
Business
Henry Khederian

Why Trilogy Metals (TMQ) Stock Hit A New 52-Week High Tuesday

Trilogy Metals TMQ
Binary,Options,Chart

Shares of Trilogy Metals Inc (AMEX:TMQ) are surging Tuesday morning, climbing over 200% following a major strategic investment by the U.S. government. Here’s what investors need to know.

What To Know: The White House announced plans to acquire a 10% stake in the mining exploration company for $35.6 million, with warrants to purchase an additional 7.5%.

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