Trilogy Metals Inc. (NYSEAMERICAN:TMQ) Given Average Recommendation of “Buy” by Brokerages

Posted by George Bondi on May 30th, 2026

Shares of Trilogy Metals Inc. (NYSEAMERICAN:TMQ – Get Free Report) have earned a consensus rating of “Buy” from the seven research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $7.75.

A number of equities research analysts recently issued reports on the company. TD Securities raised Trilogy Metals from a “hold” rating to a “buy” rating in a research note on Friday, February 20th. Raymond James Financial raised Trilogy Metals from a “market perform” rating to an “outperform” rating in a research note on Monday, April 6th. Freedom Capital raised Trilogy Metals to a “strong-buy” rating in a research note on Thursday, March 19th. Finally, TD Cowen raised Trilogy Metals from a “hold” rating to a “buy” rating in a research note on Friday, February 20th.

Get Our Latest Analysis on TMQ

Insider Buying and Selling at Trilogy Metals

In other Trilogy Metals news, Director William L. Iggiagruk Hensley sold 50,000 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.44, for a total transaction of $222,000.00. Following the transaction, the director owned 18,531 shares of the company’s stock, valued at $82,277.64. This represents a 72.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 14.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its stake in shares of Trilogy Metals by 7.7% during the 1st quarter. Bank of America Corp DE now owns 384,732 shares of the mining company’s stock worth $1,381,000 after purchasing an additional 27,404 shares during the period. Royal Bank of Canada lifted its stake in shares of Trilogy Metals by 476.0% during the 1st quarter. Royal Bank of Canada now owns 25,742 shares of the mining company’s stock worth $92,000 after purchasing an additional 21,273 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Trilogy Metals by 11.8% during the 1st quarter. The Manufacturers Life Insurance Company now owns 274,442 shares of the mining company’s stock worth $987,000 after purchasing an additional 29,003 shares during the period. SummitTX Capital L.P. purchased a new position in shares of Trilogy Metals during the 1st quarter worth $166,000. Finally, Walleye Capital LLC lifted its stake in shares of Trilogy Metals by 271.7% during the 1st quarter. Walleye Capital LLC now owns 945,678 shares of the mining company’s stock worth $3,395,000 after purchasing an additional 691,267 shares during the period. Hedge funds and other institutional investors own 16.75% of the company’s stock.

Trilogy Metals Stock Performance

TMQ stock opened at $4.63 on Friday. Trilogy Metals has a 1 year low of $1.17 and a 1 year high of $11.29. The stock’s 50 day moving average price is $4.07 and its 200 day moving average price is $4.41. The firm has a market cap of $798.91 million, a P/E ratio of -17.15 and a beta of 1.38.

About Trilogy Metals

(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.