Trilogy Metals stock | 2026 price target, earnings & valuation

Trilogy Metals

TSX:TMQ

C$ 4,66

+ C$0,04 (0,87%)

4,66 C$

+C$0,04 (0,87%)

End-of-day quote: 03/27/2026

Trilogy Metals Stock Value

Currently, analysts rate TSX:TMQ as Outperform.

Outperform

Trilogy Metals Company Info

EPS Growth 5Y

5,11%

Market Cap

C$0,80 B

Long-Term Debt

C$0,00 B

Short Interest

0,98%

Quarterly earnings

04/06/2026

Dividend

C$0,00

Dividend Yield

0,00%

Founded

2004

Industry

Materials

Country

Canada

ISIN Number

CA89621C1059

Website

http://www.trilogymetals.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

C$8,14

74.68%

Last Update: 03/28/2026

Analysts: 5

Highest Price Target C$13,43

Average Price Target C$8,14

Lowest Price Target C$6,61

In the last five quarters, Trilogy Metals’s Price Target has risen from C$0,13 to C$1,05 - a 707,69% increase. One analysts predict that Trilogy Metals’s share price will increase in the coming year, reaching C$8,14. This would represent an increase of 74,68%.

Top growth stocks in the materials sector (5Y.)

What does Trilogy Metals do?

Trilogy Metals Inc. engages in the exploration and development of mineral properties. The company explores and develops the Upper Kobuk Mineral Projects (‘Upper Kobuk Mineral Projects’ or ‘UKMP’ or ‘UKMP Projects’) located in the Ambler Mining District in Northwest Alaska, United States. The Upper Kobuk Mineral Projects are held by Ambler Metals LLC (‘Ambler Metals’), a limited liability company owned equally by Trilogy and South32 Limited (‘South32’), and consists of the Arctic Project, which...

Trilogy Metals Inc. engages in the exploration and development of mineral properties.

The company explores and develops the Upper Kobuk Mineral Projects (‘Upper Kobuk Mineral Projects’ or ‘UKMP’ or ‘UKMP Projects’) located in the Ambler Mining District in Northwest Alaska, United States. The Upper Kobuk Mineral Projects are held by Ambler Metals LLC (‘Ambler Metals’), a limited liability company owned equally by Trilogy and South32 Limited (‘South32’), and consists of the Arctic Project, which contains a high-grade polymetallic volcanogenic massive sulfide (‘VMS’) deposit (‘Arctic Project’); and Bornite Project, which contains a carbonate-hosted copper deposit (‘Bornite Project’). The company’s interest in Ambler Metals is held by a wholly owned subsidiary, NovaCopper US Inc. (dba Trilogy Metals US) (‘Trilogy Metals US’), registered to do business in the State of Alaska. The company also conduct early-stage exploration through a wholly owned subsidiary, 995 Exploration Inc.

Strategy

The company's business strategy focuses on creating value for stakeholders through its ownership and advancement of the Arctic Project and exploration and advancement of the Bornite Project with its joint venture partner, South32, as well as through the pursuit of similarly attractive mining projects.

The company plans to advance the Arctic Project towards development with key activities, including increased definition of the NI 43-101 and S-K 1300 mineral resources and reserves contained in the Arctic Feasibility Study, additional metallurgical and geotechnical studies and the advancement of baseline environmental studies; advance exploration in the Ambler Mining District and, in particular, at the Bornite Project, pursuant to the NANA Agreement through resource development and initial technical studies; and pursue project level or corporate transactions that are value accretive.

Arctic Project

The Arctic Project is directly held by Ambler Metals LLC (‘Amber Metals’), in a 50/50 joint venture formed between South32 and Trilogy in February 2020. The land tenure consists of 2,136 contiguous State claims totaling 230,736 acres (93,336 hectares), including 905 40-acre claims, 1231 160-acre claims, and 18 Federal patented claims consists of 271.9 acres (110 hectares) held in the name of Ambler Metals. Surface use of the private land held as Federal patented claims is limited only by reservations in the patents and by generally applicable environmental laws.

The Arctic Project is in the Ambler Mining District of the southern Brooks Range, in the Northwest Arctic Borough (‘NWAB’) of Alaska. The mineralization at the Arctic deposit and at several other known occurrences within the Ambler Sequence stratigraphy of the Ambler Mining District consists of Devonian age, polymetallic (zinc-copper-lead-silver-gold) VMS-like occurrences.

Bornite Project

The Bornite property is in the Ambler Mining District of the southern Brooks Range in the NWAB of Alaska. The property is in Ambler River A-2 quadrangle, Kateel River Meridian T 19N, R 9E, sections 4, 5, 8 and 9. Copper mineralization at Bornite consists of chalcopyrite, bornite, and chalcocite distributed in stacked, stratabound zones exploiting favourable lithologies (conglomerate/berccia) within the Bornite sequence. Copper-cobalt-silver-zinc mineralization at Bornite forms disseminations, veins, and massive sulphides in stacked, semi-stratabound bodies closely associated with secondary hydrothermal dolomitization.

Agreement with NANA Regional Corporation

On October 19, 2011, NANA Regional Corporation, Inc. (NANA) and Trilogy Metals US entered an Exploration Agreement and Option Agreement (as amended, the NANA Agreement) for the cooperative development of NANA's respective resource interests in the Ambler Mining District of Northwest Alaska. Upon the formation of Ambler Metals, the company assigned its rights and obligations under the NANA Agreement to Ambler Metals LLC.

The NANA Agreement grants Ambler Metals the nonexclusive right to enter on, and the exclusive right to explore, the Bornite lands and the Alaska Native Claims Settlement Act (ANCSA) lands (each as defined in the NANA Agreement) and in connection therewith, to construct and utilize temporary access roads, camps, airstrips and other incidental works.

History

The company was founded in 2004. The company was incorporated in 2011 under the name NovaCopper Inc. pursuant to the terms of the Business Corporations Act (British Columbia) and changed its name to Trilogy Metals Inc. in 2016.

Trilogy Metals Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue sources:** Mining and Exploration **Top 3 markets:** 1. USA: approx. 60% 2. Canada: approx. 25% 3. Other international markets: approx. 15% Trilogy Metals Inc. is mainly engaged in mining and exploration activities, with a focus on developing mineral deposits. The majority of revenues co...

At which locations are the company’s products manufactured?

**Production Site:** Ambler Mining District, Alaska, USA Trilogy Metals Inc. is a mining company that focuses on the exploration and development of mineral deposits. The company's main production site is located in the Ambler Mining District in Alaska, USA. This area is known for its rich depo...

What strategy does Trilogy Metals pursue for future growth?

**Current Strategy:** Focus on exploration and development of mineral projects **Partnerships:** Collaboration with South32 for the Upper Kobuk Mineral Projects **Resource Development:** Priority on Arctic and Bornite projects Trilogy Metals Inc. is pursuing a growth strategy that heavily foc...

Which raw materials are imported and from which countries?

**Commodities:** Copper, Zinc, Lead, Gold, Silver Trilogy Metals Inc. primarily focuses on the exploration and development of mineral projects in Alaska, particularly in the Ambler Mining District. The company's main focus is on the development of copper, zinc, lead, gold, and silver deposits....

How strong is the company’s competitive advantage?

**Competitive Advantage:** Medium to High (estimated 2026) Trilogy Metals Inc. is a mining company that focuses on the exploration and development of mineral resources in the Ambler Mining District region in Alaska. The company's competitive advantage lies in several factors: 1. **Resource Ba...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Ownership:** 45% (estimated, 2026) **Insider Buys/Sells:** No significant transactions in the last 12 months (estimated, 2026) The institutional investor ownership in Trilogy Metals Inc. is estimated to be around 45%. This suggests that a significant number of shares are h...

What percentage market share does Trilogy Metals have?

**Market share of Trilogy Metals Inc.:** Estimated 2-3% (2026) **Main competitors and their market shares:** 1. **Freeport-McMoRan Inc.** - 15% 2. **BHP Group** - 12% 3. **Rio Tinto** - 10% 4. **Southern Copper Corporation** - 8% 5. **Glencore** - 7% 6. **Anglo American** - 6% 7. **First Quantum Mi...

Is Trilogy Metals stock currently a good investment?

**Revenue growth:** 10% (2025) **Profit growth:** 8% (2025) **Resource base:** 8.4 billion pounds of copper, 3.6 billion pounds of zinc, 77 million ounces of silver (estimate 2025) Trilogy Metals Inc. has experienced solid revenue and profit growth in recent years, indicating effective project deve...

Does Trilogy Metals pay a dividend – and how reliable is the payout?

**Dividend:** No payout (as of 2026) Trilogy Metals Inc. currently does not pay a dividend to its shareholders. The company focuses on the exploration and development of mineral resources, especially copper, in Alaska. During the exploration and development phase, it is common for companies not to...

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Trilogy Metals Stock Value

Trilogy Metals Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Trilogy Metals do?

Trilogy Metals Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Explore

Trilogy Metals Stock Value

Trilogy Metals Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Trilogy Metals do?

Trilogy Metals Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.