TMQTMQBasic Materials · Other Industrial Metals & Mining

TMQ Stock Forecast: Trilogy Metals, Inc. Price Predictions for 2026-2027

Last close, 11 Sept 2026
$3.27
−1.21% on the day

The 6 Wall Street analysts covering Trilogy Metals, Inc. hold a median 12-month price target of $5.49 — +67.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 41 of 100 as at 11 Sept 2026 — in the lower half.

Market cap
$564.9M
Ticker Nerd rank
41 / 100
Median analyst target
$5.49
Analysts covering
6
Revenue$0.0
Operating income−$2.1M
Net income−$6.3M
Free cash flow−$1.0M
Quarterly, 8 quarters to 31 May 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
0.0%
1M
−16.8%
YTD
−24.1%
1Y
+52.8%
From 52W high
−69.2%
From 52W low
+61.9%
$2
$11
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

TMQ stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Trilogy Metals, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 11 Sept 2026
41 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
78
Accruals
72
Volatility
59
Size
52
Value
51
Issuance
49
Revisions
37
Quality
34
Growth
18

Momentum (78): The shares have been drifting up relative to others.

Growth (18): Sales and profits are flat, shrinking, or growing more slowly than they were.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

TMQ stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on TMQ, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$2$4$6$8$10Oct 25Jan 26Apr 26Jul 26TMQHigh $10.00Median $5.49Low $4.35

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says6 analysts
3 Buy3 Hold0 Sell
Low $4.35Median $5.49High $10.00

The green dot is the last close — the median target sits +67.8% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
16 Feb 2021Roth CapitalMaintainsBuy
10 Jan 2020TD SecuritiesDowngradeHold

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. TMQ appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

TMQ vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 11 Sept 2026, Trilogy Metals, Inc. returned +52.8% against +17.5% for the S&P 500, dividends included.

TMQ vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200250300350Oct 25Jan 26Apr 26Jul 26TMQS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

TMQ analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
0
Analysts cutting
1
Fundamentals

Trilogy Metals, Inc. (TMQ) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−12.6×

Cheaper than 94% of US stocks

Price / sales
Price / book
4.9×

Cheaper than 21% of US stocks

EV / EBITDA
40.1×

Cheaper than 6% of US stocks

Growth & margins
Revenue growth (YoY)
Earnings growth (YoY)
Gross margin
Operating margin
0.0%

Higher than 32% of US stocks

Net margin
0.0%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−40.5%

Higher than 24% of US stocks

Return on assets
−4.9%

Higher than 32% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Trilogy Metals, Inc. (TMQ) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Trilogy Metals, Inc. has a market value of $564.9M and an enterprise value of $526.1M.

  • Revenue in the twelve months to 31 May 2026: $0.0.

  • Net income over the same four quarters: −$49.8M.

  • Free cash flow in the twelve months to 31 May 2026: −$5.6M.

  • Shares outstanding: 172.7M.

  • Trailing P/E: −12.6×; forward P/E: −35.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Trilogy Metals, Inc. employs 5 people.

Statement figures: company filings via Twelve Data, four quarters to 31 May 2026 · market figures as at 13 Sept 2026

Data provided by Twelve Data

Peers

TMQ vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOther Industrial Metals & Mining
CompanyMarket capTKN rank
TMQTrilogy Metals, Inc.$564.9M
41
ALOYRealloys, Inc.$573.8M
24
UAMYUnited States Antimony Corp.$698.2M
15
GSMFerroglobe PLC$798.8M
55
LZMLifezone Metals Ltd.$353.3M
4
TMCRThe Metals Royalty Co., Inc.$350.6M
1
CRMLCritical Metals Corp.$944.5M
27

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Trilogy Metals, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest TMQ news & analysis

Trilogy Metals Closes US$35.6 Million Strategic Equity Investment by the U.S. Department of War

PRNewsWire · 11 Sept 2026positive

Trilogy Metals announced the completion of a US$35.6 million strategic equity investment by the U.S. Department of War, making the U.S. Government an approximately 10% shareholder of the company and advancing domestic copper supply from Alaska's Ambler Mining District.

Why it matters — A TMQ watcher would care because the U.S. Government has become a roughly 10% shareholder, marking a notable development in the company's ownership and its Ambler Mining District copper project.

Trilogy Metals Achieves TSX30 Ranking as Top Performer on the Toronto Stock Exchange

PRNewsWire · 9 Sept 2026positive

Trilogy Metals announced it has been named to the 2026 TSX30, an annual ranking by the Toronto Stock Exchange of top-performing companies based on three-year dividend-adjusted share price appreciation. The company is listed on both the NYSE American and TSX under the symbol TMQ.

Why it matters — Being recognized among the TSX's top-performing stocks highlights Trilogy Metals' strong three-year share price appreciation, a notable distinction that TMQ watchers would consider a mark of the company's performance.

Trilogy Metals: Washington Is Now Part Of The Capital Stack

Seeking Alpha · 31 Aug 2026positive

Trilogy Metals is positioned to benefit from U.S. government alignment, a reinstated Ambler Road permit, and a defined permitting schedule for its Arctic Project. The Department of War made a $35.6M strategic investment with board representation and warrants, which signals federal support but introduces dilution and is not construction financing.

Why it matters — A TMQ watcher would care because federal backing, a reinstated permit, and a defined permitting schedule strengthen the Arctic Project's path forward, though the investment adds dilution and falls short of construction financing.

Trilogy Metals Announces Execution of Definitive Agreements for Strategic Equity Investment by the U.S. Department of War

PRNewsWire · 28 Aug 2026positive

Trilogy Metals announced it has executed definitive agreements with the U.S. Department of War in connection with a previously announced strategic equity investment of approximately US$35.6 million to advance exploration and development of the Upper Kobuk Mineral Projects in northwestern Alaska. The UKMP is held by Ambler Metals, the company's 50/50 joint venture with South32 Limited.

Why it matters — TMQ watchers would care because a US$35.6 million U.S. government equity investment provides funding to advance exploration and development of the company's Upper Kobuk Mineral Projects.

FCX Flashes Buy Signal; This Is Fueling Copper, Rare Earth Stocks

Investors Business Daily · 4 Aug 2026positive

Investors Business Daily reported that FCX flashed a buy signal, and noted that the copper price is just below a new high but could go higher, according to BMO.

Why it matters — As Trilogy Metals is a copper-focused mining company, rising copper prices could positively impact the value of its assets and prospects.

FAQ

Frequently asked questions about TMQ stock

What is the TMQ stock price forecast for 2026-2027?

The 6 Wall Street analysts covering Trilogy Metals, Inc. have a median 12-month price target of $5.49, with estimates ranging from $4.35 to $10. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is TMQ stock a buy right now?

Of the 6 analysts covering Trilogy Metals, Inc., 3 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Trilogy Metals, Inc. 41 out of 100 across roughly 4,600 US stocks as at 11 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TMQ?

As at 11 Sept 2026, Trilogy Metals, Inc. ranks 41 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (78 of 100).

Will TMQ stock go up?

No one can know that. What the data says: the median 12-month target from 6 analysts implies +67.8% from the last close, and Ticker Nerd's factor model ranks Trilogy Metals, Inc. 41 out of 100 as at 11 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the TMQ stock forecast for 2030?

No analyst covering Trilogy Metals, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TMQ are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $4.35 to $10 over the next 12 months.

How has TMQ stock performed over the past year?

Trilogy Metals, Inc. returned +52.8% over the 12 months to 11 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Trilogy Metals, Inc. do?

Trilogy Metals Inc. is a mineral exploration and development company focused on advancing copper-rich projects in northwestern Alaska.

What is the latest news on TMQ?

The most recent item we track (PRNewsWire, 11 Sept 2026): "Trilogy Metals Closes US$35.6 Million Strategic Equity Investment by the U.S. Department of War". Trilogy Metals announced the completion of a US$35.6 million strategic equity investment by the U.S. Department of War, making the U.S. Government an approximately 10% shareholder of the company and advancing domestic copper supply from Alaska's Ambler Mining District.

Company

About Trilogy Metals, Inc.

Trilogy Metals Inc. is a mineral exploration and development company focused on advancing copper-rich projects in northwestern Alaska. Trilogy Metals Inc. concentrates on the Upper Kobuk Mineral Projects, which include the Arctic project and the Bornite project, both centered on polymetallic deposits that contain copper alongside zinc, lead, gold, silver, and cobalt. The company’s work is aimed at identifying, evaluating, and developing mineral resources within the Ambler mining district, an area known for its critical minerals potential. Headquartered in Vancouver, Canada, Trilogy Metals Inc. operates as an exploration-stage resource company with a business model tied to the discovery and development of metals used across industrial, infrastructure, and clean-energy supply chains.

CEO Mr. Tony Serafino Giardini C.A., CPA, CBV · 5 employees · Canada · https://www.trilogymetals.com