Trilogy Metals Inc.

Trilogy Metals Inc.

TMQ
Trilogy Metals Inc.US flagNew York Stock Exchange American
4.78
USD
+0.02
- -
824.77MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.47
-0.17
-0.12
-0.05
-0.2
-0.18
-0.21
1.14
-0.15
-0.17
-0.1
-0.05
-0.26
-0.27
Free Cash Flow per Basic Share
-0.3
-0.15
-0.11
-0.08
-0.15
-0.18
-0.18
-0.06
-0.04
-0.03
-0.02
-0.01
-0.02
-0.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.33
0.26
0.36
0.23
0.03
0.08
-0.04
1.12
0.96
0.79
0.69
0.63
0.56
0.53
Tangible Book Value per Share
0.71
0.64
0.63
0.44
0.24
0.26
0.14
1.3
1.15
1
0.9
0.83
0.75
0.73
Basic Weighted Avg Shares
52
56
80
105
106
122
135
141
144
146
153
160
165
167
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-24
-10
-10
-5
-21
-22
-28
162
-22
-24
-15
-9
-42
-46
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
5
5
16
15
5
22
18
10
6
2
2
25
19
15
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
37
36
50
46
26
32
18
184
166
145
138
133
124
121
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
-11.95
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-106.03
-60.99
-43.72
-18.1
-149.41
-338.25
- -
- -
-14.59
-19.14
-13.51
-8.33
-43.84
-48.54

Capital Structure

FRC

in mil. unless spec.
Aug'25
Nov'25
Feb'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
164
171
173
Market Capitalization
277
701
739

Working Capital

FRC

in mil. unless spec.
Aug'25
Nov'25
Feb'26
Total Current Assets
24
52
48
Cash, Cash Equivalents & STI
23
52
48
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
33
33
Payables & Accruals
- -
2
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
79.83%
-7.5%
-6.53%
Free Cash Flow
2.02%
-9.2%
77.68%
Net Income, GAAP
-15.38%
41.92%
391.92%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.01
-0.01
- -
-0.05
2025
-0.02
-0.01
-0.01
- -
-0.26
2026
-0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Tony Serafino Giardini
Full Time Employees
5
Sector
Basic Materials
Industry
Industrial Materials
Address
609 Granville Street Vancouver BC Canada V7Y 1G5
IPO Date
Apr 25, 2012
Business
Trilogy Metals Inc. is a metal exploration and development company focused on advancing high-grade copper, zinc, lead, gold, silver, and cobalt mineral projects primarily in Northwest Alaska. The company operates through its 50% interest in Ambler Metals LLC, a joint venture with South32 Ltd., which holds the Upper Kobuk Mineral Projects in the Ambler Mining District. These projects include the Arctic volcanogenic massive sulfide (VMS) deposit, which contains copper, zinc, lead, gold, and silver, and the Bornite carbonate replacement deposit, notable for copper and cobalt mineralization. Trilogy Metals’ products consist chiefly of polymetallic copper and cobalt concentrates with significant byproducts of zinc, lead, gold, and silver. The company targets markets including energy, technology, and defense sectors, supplying critical minerals essential for electrification and clean energy transition. Founded in 2004, Trilogy Metals is headquartered in Vancouver, Canada. Recent major developments involve a strategic partnership with the U.S. federal government and South32 to accelerate project development. In 2025, Trilogy Metals secured a $35.6 million investment from the U.S. Department of War, resulting in the U.S. acquiring a 10% equity stake in the company with warrants to increase ownership. This move aligns with U.S. national security and energy policy goals to secure domestic critical mineral supplies. Additionally, President Donald Trump reinstated permits for the Ambler Access Project, a 211-mile industrial-use-only road providing essential infrastructure to connect the Ambler Mining District to Alaska’s Dalton Highway, facilitating safer and more efficient access to the mineral district. These strategic advances underscore Trilogy Metals’ role in developing a premier domestic source of critical minerals with strong environmental and community engagement commitments. The core business segments include mineral exploration, project development, and mining infrastructure. Trilogy’s flagship Arctic project is one of the highest-grade copper deposits globally, currently in the feasibility stage with active permitting and planned development. The company utilizes advanced metallurgical processes allowing high recoveries of copper (92.1%), zinc (88.5%), and lead (61.3%). Production forecasts include substantial payable outputs of copper, zinc, lead, gold, and silver over the project lifespan. Trilogy also conducts ongoing exploration within the Ambler Schist Belt, featuring multiple VMS-style prospects along a 100-kilometer strike, supporting future resource expansion. Trilogy Metals positions itself as a key contributor to the green economy through responsible development of critical mineral resources in Alaska, engaging with Alaska Native communities and federal and state agencies. The company is committed to sustainable mining practices while supporting national goals for secure supply chains in electric vehicle batteries, renewable energy technologies, and defense systems. In summary, Trilogy Metals Inc. specializes in the exploration and development of polymetallic copper, cobalt, zinc, lead, gold, and silver deposits in Alaska’s Ambler Mining District, advancing flagship projects through a joint venture with South32 and backed by recent significant U.S. government investments and infrastructure approvals that enhance operational capacity and strategic positioning in the critical minerals sector.

Company News

APIChat
  • Trilogy Metals Provides Update on U.S. Department of War Strategic Equity Investment and Extends Closing Deadline to July 31, 2026

  • Rare Earth Stocks Rally On Funding News, Fading China Fears

  • Rare Earth Stocks Rebound Because U.S.-China Summit Changed Little — Again

  • Trilogy Metals Announces Acceptance of Alaska's High-Grade Arctic Copper-Zinc-Lead-Gold-Silver Project into the FAST-41 Federal Permitting Program

  • Trilogy Metals Announces Acceptance of Alaska's High-Grade Arctic Copper-Zinc-Lead-Gold-Silver Project into the FAST-41 Federal Permitting Program

  • Trilogy Metals Announces Election of Directors and Voting Results from the 2026 Annual Meeting of Shareholders

  • Trilogy Metals Welcomes Federal Transfer of Dalton Utility Corridor Lands to the State of Alaska, Highlights Positive Implications for Ambler Mining District

  • Trilogy Metals Announces Commencement of Permitting for High-Grade Arctic Copper-Zinc-Lead-Gold-Silver Project in Alaska

  • Rare Earth Trade Is Back: USAR, MP Stocks Climb — Here's Why

  • Trilogy Metals Reports First Quarter Fiscal 2026 Results and Provides Update on U.S. Federal Strategic Investment and Project Advancement

  • Trilogy Metals: A Speculative Medium-Risk/High-Reward Play That Is A Proxy Bet On Executive Power

  • Trilogy Metals Announces Date of Annual Shareholders Meeting

  • Trilogy Metals (NYSEAMERICAN:TMQ) Trading Down 6.2% – Should You Sell?

  • Insider Buying: Trilogy Metals (TSE:TMQ) Insider Purchases C$26,200.00 in Stock

  • Front-Running Federal Investment: The Next Strategic Stocks

  • Trilogy Metals Announces Expanded Management Team at Ambler Metals Joint Venture to Advance Upper Kobuk Mineral Projects in Alaska

  • Why Trilogy Metals Stock Is Crashing This Week

  • The Great Decoupling: How AI Is Rewriting the Labor Market

  • Trump's $550B Japan Deal Puts LNG, GE Vernova, And Rare Earth Stocks In Focus

  • Why Trilogy Metals Stock Tanked by Almost 12% Today