John Paulson (Trades, Portfolio), president and portfolio manager of Paulson & Co. Inc., trimmed his stake in Trilogy Metals Inc. (TMQ, Financial) by 0.16% in June. The guru sold 18,247 shares for 57 cents per share.
The transaction left Paulson’s stake in the company at 11,566,126 shares, the largest holding among the gurus. Paulson’s holding is 10.96% of the company’s outstanding shares. The second-largest holding belongs to Seth Klarman (Trades, Portfolio), who owns 10,600,758 shares. Klarman’s stake is 10.04% of outstanding shares.
Paulson purchased his stake in Trilogy during the third quarter of 2016.
Two other gurus – Jim Simons (Trades, Portfolio) and Murray Stahl (Trades, Portfolio) – have smaller holdings in the company.
Trilogy Metals, formerly NovaCooper Inc., is a British Columbia-based company committed to exploring the Upper Kobuk Minerals Projects – high-grade copper, zinc, lead, silver and gold properties in Alaska.
On April 27, 2012, the stock sold for $4.50 per share. It sold for a little more than one-fifth that – 93 cents per share – Friday afternoon, but it has been climbing steadily this year and is up more than 25% in the last month. The stock was up 1.66% at the market close Thursday afternoon.
Trilogy Metals has a price-book (P/B) ratio of 2.20. It has a return on equity (ROE) of -15.43% that is lower than 57% of the companies in the Global Industrial Metals and Minerals industry and a return on assets (ROA) of -14.52% that is also lower than 57% of the companies in that industry.
Trilogy Metals has a financial strength rating of 7/10 with no debt and a profitability and growth rating of 3/10. It has a market cap of $99.27 million and an enterprise value of $75.6 million.
The company does not pay a dividend.
The DCF Calculator gives Trilogy Metals a fair value of $-1.07.
