Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Trilogy Metals Inc. logo

Trilogy Metals Inc.

TMQ.TOSmall CapCopper

Price History

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About Trilogy Metals Inc.

Trilogy Metals Inc. (TMQ.TO) is a copper mining company listed on the Toronto Stock Exchange (TSX). Our project database tracks 3 projects for Trilogy Metals Inc. with technical and economic data extracted from company filings. Its flagship project is Bornite Project, a exploration-stage open-pit & underground project in Northwest Arctic Borough, Alaska, USA holding 6,514 Mlb Cu of contained metal.

Trilogy Metals Inc. is developing the Upper Kobuk Mineral Projects in Alaska's Ambler mining district, targeting copper, zinc, gold, cobalt, and silver production. The project represents a significant undeveloped copper-zinc resource in a highly mineralized district.

Primary Commodities

Copper

Project Economics

Bornite Project

Copper· Northwest Arctic Borough, Alaska, USA· Exploration
Resource Estimate
Feb 2023
Head Grade1.46% Cu (total Inferred)
Recovery87.2%
Mine TypeOpen-pit & Underground
Ownership50%
Contained Metal6,514 Mlb Cu
Mineral Resources
Total Inferred: 202.7 Mt at 1.46% Cu containing 6,514 Mlb Cu
Royalties / Streams
2% NSR royalty

South Reef (Bornite)

Copper· Northwest Alaska, USA· Exploration
Resource Estimate
Feb 2023
Mine TypeUnderground
Ownership50%
Contained Metal2,554 Mlb Cu
Mineral Resources
South Reef total: 33.0 Mt at 3.51% Cu, 2,554 Mlb Cu

Arctic Project

Copper· Ambler Mining District, Alaska, USA· Development
Feasibility
Nov 2022
Mine TypeOpen-pit

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

How the Economics Evolved

Arctic Project

24 studies on record
Feasibility
Nov 2022
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Nov 2022
Feasibility
Nov 2022
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Nov 2022
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Nov 2022
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Nov 2022
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Nov 2022
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Nov 2022
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Nov 2022
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Nov 2022
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Nov 2022
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Nov 2022
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Nov 2022
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Nov 2022
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Nov 2022
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Jan 2023
$1.11B
IRR 22.8% · Capex $1.18B

Bornite Project

25 studies on record
Resource Estimate
Nov 2022
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Feb 2023
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Feb 2023
PEA
Jan 2025
$394M
IRR 20% · Capex $503M

Economics as disclosed in each successive study. NPV shown in US$ where a currency conversion is available (at each study's own period rate), else in the study's stated currency. Verify against the source filings.

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Financial Metrics

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Frequently Asked Questions

What does Trilogy Metals Inc. mine?
Trilogy Metals Inc. is focused on Copper.
What is Trilogy Metals Inc.'s flagship project?
Bornite Project, a exploration-stage project in Northwest Arctic Borough, Alaska, USA.
What exchange is Trilogy Metals Inc. listed on?
Trilogy Metals Inc. trades under the ticker TMQ.TO on the Toronto Stock Exchange (TSX).
How many projects does Trilogy Metals Inc. have?
We track 3 projects with extracted technical and economic data for Trilogy Metals Inc.

Project Analysis

Press Releases

PRESS RELEASE

Can the Stillwater Facility Anchor USA Rare Earth's Growth Trajectory?

USAR advances its Stillwater magnet facility toward 2026 production, bolstered by $400M+ in cash and a key acquisition to boost NdFeB capacity.

Yahoo Finance2 days ago
PRESS RELEASE

Trilogy Metals Announces Expanded Management Team at Ambler Metals Joint Venture to Advance Upper Kobuk Mineral Projects in Alaska

Trilogy Metals Inc. (NYSE American: TMQ ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced today key management appointments at its 50/50 joint venture with South32 Limited ("South32") – Ambler Metals LLC ("Ambler Metals") – which is advancing exploration and development of the Upper Kobuk Mineral Projects ("UKMP") in northwestern Alaska's Ambler Mining District.

Yahoo Finance9 hours ago
PRESS RELEASE

Why Trilogy Metals Stock Is Crashing This Week

Not one, but two factors are leading a sell-off.

Yahoo Finance2/19/2026
PRESS RELEASE

Rising Development Expenses Pressure USAR: What's the Road Ahead?

USA Rare Earth remains pre-revenue as costs surge, but its Round Top project now targets commercial production in 2028, two years ahead of schedule.

Yahoo Finance2/18/2026
PRESS RELEASE

Why Trilogy Metals Stock Tanked by Almost 12% Today

The Canada-based company saw significant erosion in key fundamentals last year.

Yahoo Finance2/18/2026
PRESS RELEASE

Trilogy Metals Reports Fiscal 2025 Year-End Results and Highlights Strategic U.S. Federal Support for Domestic Critical Minerals Production

Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") reports its financial results for the year ended November 30, 2025, and provides an update on strategic priorities as the Company advances the Upper Kobuk Mineral Projects ("UKMP") in northwestern Alaska, held by Ambler Metals LLC, its 50/50 joint venture with South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) ("South32").

Yahoo Finance2/17/2026
PRESS RELEASE

Can USA Rare Earth's Stillwater Facility Accelerate Its Next Growth Phase?

USAR advances its Oklahoma magnet plant toward 2026 production, boosting capacity and vertical integration to strengthen the U.S. rare earth supply chain.

Yahoo Finance2/11/2026
PRESS RELEASE

Exclusive-US moves away from critical mineral price floors, sources say

Jan 28 (Reuters) - The Trump administration is stepping back from plans to guarantee a minimum price for U. critical minerals projects, a tacit acknowledgment of a lack of congressional funding and the complexity of setting market pricing, multiple sources told Reuters.

Yahoo Finance1/28/2026
PRESS RELEASE

Assessing Trilogy Metals (TSX:TMQ) Valuation After Leadership Changes And US Federal Project Support

Trilogy Metals (TSX:TMQ) is back on investors’ radar after expanding its advisory and leadership teams, following a prior US federal investment commitment tied to the Upper Kobuk Mineral Projects in northwest Alaska. See our latest analysis for Trilogy Metals. Those leadership changes come as Trilogy Metals’ share price has moved sharply, with a 1 month share price return of 39.4% and a year to date share price return of 49.6%, alongside a very large 1 year total shareholder return that...

Yahoo Finance1/28/2026
PRESS RELEASE

Trilogy Metals (TMQ) Expands Advisory and Leadership Teams Following US Investment Support

LOS ANGELES, CA - January 28, 2026 (NEWMEDIAWIRE) - Disseminated on behalf of Trilogy Metals Inc. and may include paid advertising. Trilogy Metals (NYSE American: TMQ) (TSX: TMQ) announced the expansion of its advisory and leadership teams followin...

Yahoo Finance1/28/2026

Quick Facts

Ticker Symbol
TMQ.TO
Market Cap
Small Cap
Category
Copper
Commodities
Copper

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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