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Trilogy Metals Inc. (TMQ)

Basic Materials | Other Industrial Metals & Mining | Vancouver, Canada | NYSE American
3.14 USD -0.09 (-2.786%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 3.11 -0.03 (-0.028%) ⇩ (July 13, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:26 a.m. EDT

Trilogy Metals presents a classic high-risk, high-reward speculative profile driven entirely by event risk rather than operational cash flow. The company is currently navigating a critical funding milestone and a strategic government investment, which explains the massive disconnect between its weak fundamentals and the aggressive options positioning. While the statistical forecast suggests a modest upward lean, the low confidence in that model highlights the volatility inherent in a pre-production mining stock. The lack of dividends and negative earnings confirm this is not a value play; it is a binary bet on the success of the Alaska project and the completion of the funding round. For investors, the thesis rests solely on the potential for a successful capital raise and project advancement, making it suitable only for those comfortable with significant equity erosion if these milestones are missed.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.095807
AutoETS0.096379
AutoTheta0.096384
MSTL0.097678

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 44%
H-stat 2.85
Ljung-Box p 0.000
Jarque-Bera p 0.286
Excess Kurtosis -1.12
Attribute Value
Sector Basic Materials
Debt to Equity Ratio 0.079
Market Cap 542,421,312
Forward P/E -40.43
Beta 1.65
Website https://www.trilogymetals.com

As of July 11, 2026, 4:26 a.m. EDT: Speculators are overwhelmingly bullish, with open interest heavily skewed toward out-of-the-money calls (over 90% of total volume). The largest concentration of call open interest sits at strikes significantly above the current price ($4.00 and $5.00 for near-term expirations, rising to $7.00-$10.00 for later dates), suggesting bets on a substantial price appreciation. Conversely, put open interest is minimal and concentrated near the money, indicating limited hedging against downside compared to the aggressive call positioning.


Info Dump

Attribute Value
52 Week Change 0.7747253
Address1 510 Burrard Street
Address2 Suite 901
All Time High 11.29
All Time Low 0.15
Ask 3.14
Ask Size 6,600
Average Analyst Rating 1.9 - Buy
Average Daily Volume10 Day 1,607,940
Average Daily Volume3 Month 2,397,260
Average Volume 2,397,260
Average Volume10Days 1,607,940
Beta 1.653
Bid 3.12
Bid Size 5,100
Book Value 0.671
City Vancouver
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 3.14
Current Ratio 1.108
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 3.39
Day Low 3.08
Debt To Equity 0.079
Display Name Trilogy Metals
Earnings Timestamp 1,783,513,800
Earnings Timestamp End 1,790,771,400
Earnings Timestamp Start 1,790,771,400
Ebitda Margins 0.0
Enterprise Value 503,606,304
Eps Current Year -0.152
Eps Forward -0.0776578
Eps Trailing Twelve Months -0.3
Esg Populated 0
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 604 638 0644
Fifty Day Average 3.9836
Fifty Day Average Change -0.8435998
Fifty Day Average Change Percent -0.21176821
Fifty Two Week Change Percent 77.472534
Fifty Two Week High 11.29
Fifty Two Week High Change -8.15
Fifty Two Week High Change Percent -0.72187775
Fifty Two Week Low 1.43
Fifty Two Week Low Change 1.7100002
Fifty Two Week Low Change Percent 1.1958044
Fifty Two Week Range 1.43 - 11.29
Financial Currency USD
First Trade Date Milliseconds 1,335,360,600,000
Float Shares 106,901,911
Forward Eps -0.0776578
Forward P E -40.433804
Free Cashflow 31,825,500
Full Exchange Name NYSE American
Full Time Employees 5
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.18537001
Held Percent Institutions 0.41759
Implied Shares Outstanding 172,745,639
Industry Other Industrial Metals & Mining
Industry Disp Other Industrial Metals & Mining
Industry Key other-industrial-metals-mining
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,764,460,800
Long Business Summary 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.
Long Name Trilogy Metals Inc.
Market us_market
Market Cap 542,421,312
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_143089335
Most Recent Quarter 1,780,185,600
Net Income To Common -49,849,000
Next Fiscal Year End 1,795,996,800
Non Diluted Market Cap 556,066,471
Number Of Analyst Opinions 3
Open 3.2
Operating Cashflow -5,603,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 604 638 8088
Post Market Change -0.027700186
Post Market Change Percent -0.8821715
Post Market Price 3.1123
Post Market Time 1,783,987,165
Previous Close 3.23
Price Eps Current Year -20.657896
Price Hint 4
Price To Book 4.679583
Profit Margins 0.0
Quick Ratio 1.108
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.85714
Region US
Regular Market Change -0.0899999
Regular Market Change Percent -2.78638
Regular Market Day High 3.39
Regular Market Day Low 3.08
Regular Market Day Range 3.08 - 3.39
Regular Market Open 3.2
Regular Market Previous Close 3.23
Regular Market Price 3.14
Regular Market Time 1,783,972,800
Regular Market Volume 4,909,479
Return On Assets -0.04921
Return On Equity -0.40537998
Sand P52 Week Change 0.20847368
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Shares Outstanding 172,745,639
Shares Percent Shares Out 0.042
Shares Short 7,252,041
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 6,720,036
Short Name Trilogy Metals Inc.
Short Percent Of Float 0.066599995
Short Ratio 3.31
Source Interval 15
State BC
Symbol TMQ
Target High Price 9.785416
Target Low Price 5.374161
Target Mean Price 7.1271095
Target Median Price 6.221744
Total Cash 38,907,000
Total Cash Per Share 0.225
Total Debt 92,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.3
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.3529
Two Hundred Day Average Change -1.2128999
Two Hundred Day Average Change Percent -0.27864182
Type Disp Equity
Volume 4,909,479
Website https://www.trilogymetals.com
Zip V6C 3A8