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NYSE American · Other Industrial Metals & Mining · USD

Trilogy Metals Inc. (TMQ) Stock Analysis

Trilogy Metals Inc. (TMQ) is a Other Industrial Metals & Mining stock listed on NYSE American and quoted in US Dollar.

Last Updated: October 21, 2026

TMQ

$2.23

−$0.05 (−2.19%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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TMQ Key Statistics

As of Oct 21, 2026
Trading
Open
$2.30
Previous Close
$2.28
Day's Range
2.21–2.31
52-Week Range
2.21–7.25
Volume
1.11M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.69
Valuation
Market Cap
$404.44M
P/E Ratio
unprofitable
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.29
Financials (FY)
Revenue (FY)
$0.00
Net Income (FY)
−$42.24M
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
181.36M
1-Year Return
−59.89%
Dividend and dates
Avg Volume
1.23M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, TMQ closed at $2.23, −59.89% over 1 year.

Trilogy Metals Inc. (TMQ) has a market capitalization of $404.44M.

In fiscal 2025, TMQ reported revenue of $0.00.

TMQ Stock Return by Calendar Year

Trilogy Metals Inc. (TMQ) 10-year return: what $10,000 became

1 year
$10,000 $4,011
−59.89%
5 years
$10,000 $10,372
+3.72%
10 years
$10,000 $39,123
+291.23%

If you had invested $10,000 in Trilogy Metals Inc. (TMQ) 10 years ago, at the close on October 21, 2016, it would have been worth $39,123 at the close on October 21, 2026: +291.23% in total, +14.62% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−48.26%
2025+271.55%
2024+169.77%
2023−21.82%
2022−66.67%
2021−17.50%
2020−23.08%
2019+50.29%
2018+58.72%
2017+113.73%
2016 (partial year)−10.53%

As of October 21, 2026.

TMQ Revenue and Earnings by Fiscal Year

FY ends November
Fiscal yearRevenueNet incomeNet margin
2025$0.00−$42.24M—
2024$0.00−$8.59M—
2023$0.00−$14.95M—
2022$0.00−$24.26M—
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$0.00$0.00−$9.44M−$42.24M—
2024$0.00−$4.00K−$6.70M−$8.59M—
2023$0.00−$8.00K−$7.22M−$14.95M—
2022$0.00−$17.00K−$6.94M−$24.26M—

Annual figures as reported, in the company's reporting currency. As of November 30, 2025.

Recent News

All 11 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Trilogy Metals Inc. (TMQ) is capitalised at $404.44M on the latest close. It is classified in the Other Industrial Metals & Mining industry, within the Basic Materials sector. Headcount on file is 5.

The 52-week range on file runs from $2.21 to $7.25. The most recent close on file for TMQ is $2.23, dated October 21, 2026. That is −$0.05 (−2.19%) against the previous close. The latest close sits 0.79% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $0.00. The same year closed with a net loss of $42.24M. Earnings per share on a trailing basis come to −0.29.

Across the 4 fiscal years on file, revenue moves from $0.00 in 2022 to $0.00 in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published.

Over the trailing twelve months the total return is −59.89%. Measured over 10 years, that is +14.62% a year compounded. Beta against the wider market is reported at 1.69. Daily returns over the trailing 10 years annualize to a volatility of 101.32%.

Growth & Income

The record shows no dividend for TMQ.

Across the complete calendar years on file, 2025 returned +271.55% and 2022 returned −66.67%. Of the 9 complete calendar years on file, 5 finished higher. 2026 is still running; the total return is −48.26% year to date.

Peer Comparison

Trilogy Metals Inc. (TMQ) operates in the Other Industrial Metals & Mining industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Trilogy Metals Inc. TMQ $404.44M —
BHP Group Limited BHP $211.50B 21.6
Rio Tinto Group RIO $141.37B 11.8
Vale S.A. VALE $54.05B 25.4

The Other Industrial Metals & Mining industry average P/E ratio is 18.2x. Trilogy Metals Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Trilogy Metals Inc.

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.

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