Symbols / TMQ $3.81 -2.53%
TMQ Chart
About
Trilogy Metals Inc. engages in the exploration and development of mineral properties in the United States. It primarily explores copper, cobalt, lead, zinc, gold, and silver properties. The company 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. The company was formerly known as NovaCopper Inc. and changed its name to Trilogy Metals Inc. in September 2016. Trilogy Metals Inc. was founded in 2004 and is headquartered in Vancouver, Canada.
Fundamentals
Scroll to Statements| Sector | Basic Materials | Industry | Other Industrial Metals | Market Cap | 657.57M |
| Enterprise Value | 622.96M | Income | -42.24M | Sales | — |
| Book/sh | 0.73 | Cash/sh | 0.30 | Dividend Yield | — |
| Payout | 0.00% | Employees | 5 | IPO | — |
| P/E | — | Forward P/E | -47.86 | PEG | — |
| P/S | — | P/B | 5.25 | P/C | — |
| EV/EBITDA | -67.17 | EV/Sales | — | Quick Ratio | 1.57 |
| Current Ratio | 1.57 | Debt/Eq | 0.09 | LT Debt/Eq | — |
| EPS (ttm) | -0.26 | EPS next Y | -0.08 | EPS Growth | — |
| Revenue Growth | — | Earnings | 2026-04-03 | ROA | -3.98% |
| ROE | -32.88% | ROIC | — | Gross Margin | 0.00% |
| Oper. Margin | 0.00% | Profit Margin | 0.00% | Shs Outstand | 172.55M |
| Shs Float | 106.70M | Short Float | 7.25% | Short Ratio | 1.27 |
| Short Interest | — | 52W High | 11.29 | 52W Low | 1.13 |
| Beta | 1.53 | Avg Volume | 5.03M | Volume | 1.89M |
| Target Price | $7.84 | Recom | None | Prev Close | $3.91 |
| Price | $3.81 | Change | -2.53% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$7.84
Mean price target
2. Current target
$3.82
Latest analyst target
3. DCF / Fair value
$3.10
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.82
Low
$5.49
High
$10.18
Mean
$7.84
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2021-02-16 | main | Roth Capital | — → Buy | $4 |
| 2020-01-10 | down | TD Securities | Speculative Buy → Hold | — |
News
RSS: Latest TMQ news- Why Trilogy Metals (TSX:TMQ) Is Up 10.4% After Bolstering Its Alaska Project Leadership Team - Yahoo Finance Sat, 24 Jan 2026 08
- $TMQ stock is down 9% today. Here's what we see in our data. - Quiver Quantitative ue, 03 Mar 2026 08
- Why Trilogy Metals Stock Is Crashing This Week - The Motley Fool hu, 19 Feb 2026 08
- William Iggiagruk Hensley Sells 25,107 Shares of Trilogy Metals (NYSEAMERICAN:TMQ) Stock - MarketBeat Fri, 27 Feb 2026 08
- Trilogy Metals (TMQ) director sells 25,107 common shares in market trade - Stock Titan Fri, 27 Feb 2026 08
- (TMQ) On The My Stocks Page (TMQ:CA) - Stock Traders Daily Wed, 04 Mar 2026 08
- Trilogy Metals shares soar over 200% after U.S. takes stake in minerals explorer - CNBC ue, 07 Oct 2025 07
- Did US$35.6 Million in Federal Support Just Shift Trilogy Metals' (TSX:TMQ) Investment Narrative? - Yahoo Finance Fri, 19 Dec 2025 08
- $TMQ stock is up 14% today. Here's what we see in our data. - Quiver Quantitative Mon, 26 Jan 2026 08
- New leaders join Alaska Ambler Metals venture for critical minerals push - Stock Titan Mon, 23 Feb 2026 08
- National Bankshares Issues Positive Forecast for Trilogy Metals (TSE:TMQ) Stock Price - MarketBeat hu, 29 Jan 2026 08
- Assessing Trilogy Metals (TSX:TMQ) Valuation After Leadership Changes And US Federal Project Support - Yahoo Finance Wed, 28 Jan 2026 08
- U.S.-backed Alaska mining push drives Trilogy Metals leadership expansion - Stock Titan ue, 20 Jan 2026 08
- Is Trilogy Metals (TSX:TMQ) Overvalued After Recent Gains? A Fresh Look at Its Valuation - Yahoo Finance Sun, 12 Oct 2025 07
- TMQ SEC Filings - Trilogy Metals 10-K, 10-Q, 8-K Forms - Stock Titan Wed, 04 Mar 2026 21
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 25107 | 110471.0 | — | Sale at price 4.40 per share. | HENSLEY WILLIAM L. IGGIAGRUK | Director | — | 2026-02-26 00:00:00 | D |
| 1 | 957072 | — | — | Stock Gift at price 0.00 per share. | KAPLAN THOMAS SCOTT | Beneficial Owner of more than 10% of a Class of Security | — | 2025-12-26 00:00:00 | D/I |
| 2 | 15000 | nan | — | — | SANDERS ELAINE | Chief Financial Officer | — | 2025-12-11 00:00:00 | D |
| 3 | 60000 | nan | — | — | GIARDINI TONY S | Chief Executive Officer | — | 2025-12-11 00:00:00 | D |
| 4 | 70000 | 333100.0 | — | Sale at price 4.73 - 4.77 per share. | LANG GREGORY A | Director | — | 2025-12-05 00:00:00 | D |
| 5 | 183334 | nan | — | — | SANDERS ELAINE | Chief Financial Officer | — | 2025-12-05 00:00:00 | D |
| 6 | 366668 | nan | — | — | GIARDINI TONY S | Chief Executive Officer | — | 2025-12-05 00:00:00 | D |
| 7 | 50000 | 91000.0 | — | Conversion of Exercise of derivative security at price 1.82 per share. | LANG GREGORY A | Director | — | 2025-12-05 00:00:00 | D |
| 8 | 45000 | — | — | Stock Gift at price 0.00 per share. | LANG GREGORY A | Director | — | 2025-12-05 00:00:00 | D |
| 9 | 100000 | 750000.0 | — | Sale at price 7.50 per share. | GOWANS JAMES K | Director | — | 2025-10-16 00:00:00 | D |
Financials
| Line Item | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | 13.13M | -6.70M | -7.21M | -6.94M |
| TotalUnusualItems | -22.57M | 1.00K | -5.00K | 12.00K |
| TotalUnusualItemsExcludingGoodwill | -22.57M | 1.00K | -5.00K | 12.00K |
| NetIncomeFromContinuingOperationNetMinorityInterest | -42.24M | -8.59M | -14.95M | -24.26M |
| ReconciledDepreciation | 0.00 | 4.00K | 8.00K | 17.00K |
| ReconciledCostOfRevenue | 0.00 | 4.00K | 8.00K | 17.00K |
| EBITDA | -9.44M | -6.70M | -7.21M | -6.93M |
| EBIT | -9.44M | -6.70M | -7.22M | -6.94M |
| NetInterestIncome | 1.16M | 748.00K | 120.00K | 34.00K |
| InterestIncome | 1.16M | 748.00K | 120.00K | 34.00K |
| NormalizedIncome | -19.67M | -8.59M | -14.95M | -24.27M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -42.24M | -8.59M | -14.95M | -24.26M |
| TotalExpenses | 9.44M | 6.70M | 7.22M | 6.94M |
| DilutedAverageShares | 159.83M | 152.65M | 145.72M | 144.43M |
| BasicAverageShares | 159.83M | 152.65M | 145.72M | 144.43M |
| DilutedEPS | -0.05 | -0.10 | -0.17 | -0.15 |
| BasicEPS | -0.05 | -0.10 | -0.17 | -0.15 |
| DilutedNIAvailtoComStockholders | -42.24M | -8.59M | -14.95M | -24.26M |
| NetIncomeCommonStockholders | -42.24M | -8.59M | -14.95M | -24.26M |
| NetIncome | -42.24M | -8.59M | -14.95M | -24.26M |
| NetIncomeIncludingNoncontrollingInterests | -42.24M | -8.59M | -14.95M | -24.26M |
| NetIncomeContinuousOperations | -42.24M | -8.59M | -14.95M | -24.26M |
| PretaxIncome | -42.24M | -8.59M | -14.95M | -24.26M |
| OtherIncomeExpense | -33.96M | -2.63M | -7.85M | -17.35M |
| OtherNonOperatingIncomeExpenses | 63.00K | 22.00K | ||
| SpecialIncomeCharges | 0.00 | 0.00 | -6.00K | 0.00 |
| GainOnSaleOfPPE | 0.00 | 0.00 | 84.00K | 0.00 |
| GainOnSaleOfBusiness | 0.00 | 84.00K | 0.00 | |
| ImpairmentOfCapitalAssets | 0.00 | 0.00 | 90.00K | 0.00 |
| EarningsFromEquityInterest | -11.39M | -2.64M | -7.84M | -17.36M |
| GainOnSaleOfSecurity | -22.57M | 1.00K | -5.00K | 18.00K |
| NetNonOperatingInterestIncomeExpense | 1.16M | 748.00K | 120.00K | 34.00K |
| InterestIncomeNonOperating | 1.16M | 748.00K | 120.00K | 34.00K |
| OperatingIncome | -9.44M | -6.70M | -7.22M | -6.94M |
| OperatingExpense | 9.44M | 6.70M | 7.21M | 6.93M |
| OtherOperatingExpenses | 327.00K | 108.00K | 173.00K | 230.00K |
| DepreciationAmortizationDepletionIncomeStatement | 8.00K | 17.00K | 21.00K | |
| DepreciationAndAmortizationInIncomeStatement | 8.00K | 17.00K | 21.00K | |
| Amortization | 8.00K | 17.00K | 21.00K | |
| AmortizationOfIntangiblesIncomeStatement | 8.00K | 17.00K | 21.00K | |
| SellingGeneralAndAdministration | 9.11M | 6.59M | 7.04M | 6.70M |
| GeneralAndAdministrativeExpense | 9.11M | 6.59M | 7.04M | 6.70M |
| OtherGandA | 3.39M | 2.14M | 2.40M | 2.29M |
| SalariesAndWages | 5.72M | 4.45M | 4.64M | 4.41M |
| GrossProfit | 0.00 | -4.00K | -8.00K | -17.00K |
| CostOfRevenue | 0.00 | 4.00K | 8.00K | 17.00K |
| TotalRevenue | 0.00 | 0.00 | 0.00 | 0.00 |
| OperatingRevenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Line Item | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 |
|---|---|---|---|---|
| OrdinarySharesNumber | 171.07M | 161.09M | 155.93M | 146.23M |
| ShareIssued | 171.07M | 161.09M | 155.93M | 146.23M |
| TotalDebt | 111.00K | 147.00K | 33.00K | 222.00K |
| TangibleBookValue | 124.12M | 132.79M | 137.56M | 145.43M |
| InvestedCapital | 124.12M | 132.79M | 137.56M | 145.43M |
| WorkingCapital | 18.81M | 25.25M | 2.42M | 2.38M |
| NetTangibleAssets | 124.12M | 132.79M | 137.56M | 145.43M |
| CapitalLeaseObligations | 111.00K | 147.00K | 33.00K | 222.00K |
| CommonStockEquity | 124.12M | 132.79M | 137.56M | 145.43M |
| TotalCapitalization | 124.12M | 132.79M | 137.56M | 145.43M |
| TotalEquityGrossMinorityInterest | 124.12M | 132.79M | 137.56M | 145.43M |
| StockholdersEquity | 124.12M | 132.79M | 137.56M | 145.43M |
| OtherEquityInterest | 27.29M | 28.80M | 28.24M | 27.35M |
| RetainedEarnings | -132.64M | -90.40M | -81.81M | -66.86M |
| AdditionalPaidInCapital | 4.23M | 3.89M | 3.25M | 2.76M |
| CapitalStock | 225.24M | 190.50M | 187.89M | 182.18M |
| CommonStock | 225.24M | 190.50M | 187.89M | 182.18M |
| TotalLiabilitiesNetMinorityInterest | 33.18M | 903.00K | 465.00K | 567.00K |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 70.00K | 110.00K | 0.00 | 33.00K |
| LongTermDebtAndCapitalLeaseObligation | 70.00K | 110.00K | 33.00K | 235.00K |
| LongTermCapitalLeaseObligation | 70.00K | 110.00K | 0.00 | 33.00K |
| CurrentLiabilities | 33.11M | 793.00K | 465.00K | 534.00K |
| OtherCurrentLiabilities | 30.74M | |||
| CurrentDebtAndCapitalLeaseObligation | 41.00K | 37.00K | 33.00K | 189.00K |
| CurrentCapitalLeaseObligation | 41.00K | 37.00K | 33.00K | 189.00K |
| PayablesAndAccruedExpenses | 2.33M | 756.00K | 432.00K | 345.00K |
| CurrentAccruedExpenses | 1.68M | 560.00K | 286.00K | 157.00K |
| Payables | 646.00K | 196.00K | 146.00K | 188.00K |
| AccountsPayable | 646.00K | 196.00K | 146.00K | 188.00K |
| TotalAssets | 157.30M | 133.70M | 138.02M | 146.00M |
| TotalNonCurrentAssets | 105.38M | 107.65M | 135.14M | 143.09M |
| InvestmentsAndAdvances | 105.26M | 107.50M | 135.02M | 142.75M |
| LongTermEquityInvestment | 105.26M | 107.50M | 135.02M | 142.75M |
| InvestmentsinJointVenturesatCost | 105.26M | 107.50M | 135.02M | 142.75M |
| NetPPE | 117.00K | 155.00K | 117.00K | 331.00K |
| AccumulatedDepreciation | -41.00K | -202.00K | ||
| GrossPPE | 117.00K | 155.00K | 117.00K | 331.00K |
| Leases | 53.00K | 53.00K | ||
| OtherProperties | 4.00K | 12.00K | 119.00K | |
| MachineryFurnitureEquipment | 0.00 | 178.00K | ||
| BuildingsAndImprovements | 117.00K | 155.00K | 113.00K | 319.00K |
| CurrentAssets | 51.92M | 26.05M | 2.88M | 2.91M |
| PrepaidAssets | 193.00K | 195.00K | 259.00K | 320.00K |
| Receivables | 118.00K | 16.00K | 33.00K | 17.00K |
| TaxesReceivable | 17.00K | 19.00K | ||
| AccountsReceivable | 118.00K | 16.00K | 33.00K | 17.00K |
| CashCashEquivalentsAndShortTermInvestments | 51.61M | 25.83M | 2.59M | 2.57M |
| CashAndCashEquivalents | 51.61M | 25.83M | 2.59M | 2.57M |
| CashFinancial | 51.61M | 25.83M | 2.59M | 2.57M |
| Line Item | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 |
|---|---|---|---|---|
| FreeCashFlow | -3.25M | -1.83M | -3.09M | -3.94M |
| IssuanceOfCapitalStock | 24.32M | 0.00 | 3.12M | 0.00 |
| CapitalExpenditure | -119.00K | |||
| EndCashPosition | 51.61M | 25.83M | 2.59M | 2.57M |
| BeginningCashPosition | 25.83M | 2.59M | 2.57M | 6.31M |
| EffectOfExchangeRateChanges | 17.00K | -2.00K | -5.00K | 4.00K |
| ChangesInCash | 25.76M | 23.25M | 22.00K | -3.74M |
| FinancingCashFlow | 30.01M | 74.00K | 3.12M | 54.00K |
| CashFlowFromContinuingFinancingActivities | 30.01M | 74.00K | 3.12M | 54.00K |
| ProceedsFromStockOptionExercised | 5.68M | 74.00K | 0.00 | 54.00K |
| NetCommonStockIssuance | 24.32M | 0.00 | 3.12M | 0.00 |
| CommonStockIssuance | 24.32M | 0.00 | 3.12M | 0.00 |
| InvestingCashFlow | -1.00M | 25.00M | 0.00 | 142.00K |
| CashFlowFromContinuingInvestingActivities | -1.00M | 25.00M | 0.00 | 142.00K |
| NetOtherInvestingChanges | -119.00K | |||
| NetBusinessPurchaseAndSale | -1.00M | 25.00M | 0.00 | 0.00 |
| SaleOfBusiness | 0.00 | 25.00M | 0.00 | 0.00 |
| PurchaseOfBusiness | -1.00M | 0.00 | 0.00 | |
| NetPPEPurchaseAndSale | 0.00 | 0.00 | 142.00K | 0.00 |
| SaleOfPPE | 0.00 | 0.00 | 142.00K | 0.00 |
| PurchaseOfPPE | 0.00 | -119.00K | ||
| OperatingCashFlow | -3.25M | -1.83M | -3.09M | -3.94M |
| CashFlowFromContinuingOperatingActivities | -3.25M | -1.83M | -3.09M | -3.94M |
| ChangeInWorkingCapital | 1.67M | 405.00K | -19.00K | -568.00K |
| ChangeInPayablesAndAccruedExpense | 1.66M | 324.00K | -64.00K | -506.00K |
| ChangeInPrepaidAssets | 2.00K | 64.00K | 61.00K | -64.00K |
| ChangeInReceivables | 8.00K | 17.00K | -16.00K | 2.00K |
| ChangesInAccountReceivables | 8.00K | 17.00K | -16.00K | 2.00K |
| OtherNonCashItems | 32.00K | 196.00K | 133.00K | 98.00K |
| StockBasedCompensation | 3.34M | 3.52M | 3.89M | 3.43M |
| AssetImpairmentCharge | 0.00 | 0.00 | 90.00K | 0.00 |
| DepreciationAmortizationDepletion | 0.00 | 4.00K | 8.00K | 17.00K |
| DepreciationAndAmortization | 0.00 | 4.00K | 8.00K | 17.00K |
| AmortizationCashFlow | 0.00 | 4.00K | 8.00K | 17.00K |
| AmortizationOfIntangibles | 0.00 | 4.00K | 8.00K | 17.00K |
| OperatingGainsLosses | 33.96M | 2.63M | 7.85M | 17.26M |
| EarningsLossesFromEquityInvestments | 11.39M | 2.64M | 7.84M | 17.36M |
| GainLossOnInvestmentSecurities | 22.59M | |||
| NetForeignCurrencyExchangeGainLoss | -17.00K | -2.00K | 5.00K | -18.00K |
| GainLossOnSaleOfPPE | 0.00 | 0.00 | -84.00K | 0.00 |
| NetIncomeFromContinuingOperations | -42.24M | -8.59M | -14.95M | -24.26M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for TMQ
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|