Trilogy Metals (NYSEAMERICAN:TMQ) Trading Down 4.7% – What’s Next?

Posted by Brian Himes on Sep 5th, 2026

Trilogy Metals Inc. (NYSEAMERICAN:TMQ – Get Free Report)’s share price was down 4.7% during trading on Thursday . The stock traded as low as $3.32 and last traded at $3.3150. 613,741 shares traded hands during trading, a decline of 80% from the average daily volume of 3,035,031 shares. The stock had previously closed at $3.48.

Wall Street Analyst Weigh In

TMQ has been the subject of a number of recent analyst reports. UBS Group lowered Trilogy Metals to a “hold” rating in a research report on Wednesday, August 5th. Zacks Research downgraded shares of Trilogy Metals from a “hold” rating to a “strong sell” rating in a report on Monday, August 3rd. Finally, Freedom Capital cut shares of Trilogy Metals from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $7.75.

Read Our Latest Research Report on Trilogy Metals

Trilogy Metals Stock Up 0.9%

The firm has a market capitalization of $569.58 million, a PE ratio of -11.00 and a beta of 1.49. The stock’s fifty day simple moving average is $3.41 and its 200 day simple moving average is $3.81.

Trilogy Metals (NYSEAMERICAN:TMQ – Get Free Report) last issued its quarterly earnings results on Wednesday, July 8th. The mining company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.03). During the same period last year, the firm posted ($0.01) EPS. On average, analysts predict that Trilogy Metals Inc. will post -0.08 EPS for the current year.

Institutional Trading of Trilogy Metals

Several hedge funds have recently bought and sold shares of the stock. Electrum Group LLC bought a new position in shares of Trilogy Metals during the 2nd quarter valued at approximately $110,932,641. Old West Investment Management LLC bought a new stake in Trilogy Metals during the 2nd quarter worth approximately $21,385,000. Tidal Investments LLC lifted its holdings in Trilogy Metals by 33.0% during the third quarter. Tidal Investments LLC now owns 3,625,129 shares of the mining company’s stock valued at $7,613,000 after purchasing an additional 899,656 shares in the last quarter. Walleye Capital LLC lifted its holdings in Trilogy Metals by 271.7% during the first quarter. Walleye Capital LLC now owns 945,678 shares of the mining company’s stock valued at $3,395,000 after purchasing an additional 691,267 shares in the last quarter. Finally, Alyeska Investment Group L.P. bought a new position in shares of Trilogy Metals in the third quarter worth approximately $1,050,000. Institutional investors own 16.75% of the company’s stock.

Trilogy Metals Company Profile

(Get Free Report)

Trilogy Metals Inc is a mineral exploration and development company focused on advancing high‐value copper, zinc, lead, gold and silver projects in northwestern Alaska. The company’s flagship asset lies within the Ambler mining district, where it has assembled over 100,000 acres of mineral rights. Through systematic exploration programs, Trilogy Metals seeks to delineate and expand polymetallic deposits in one of the world’s richest base and precious metal regions.

The centerpiece of Trilogy’s portfolio is the Upper Kobuk Mineral Projects (UKMP), which includes the Arctic copper‐zinc‐lead‐gold‐silver deposit and the Bornite copper deposit.