FY2026 EPS Estimate for Trilogy Metals Increased by Analyst

Key Points

• Raymond James Financial has increased its FY2026 earnings per share estimate for Trilogy Metals from ($0.03) to ($0.02), maintaining a "Moderate Buy" rating on the stock.
• Trilogy Metals reported ($0.01) EPS for the last quarter, meeting the consensus estimate, while the stock's current average target price is $10.00.
• Institutional investors have shown increased interest, with Old West Investment Management LLC raising its holdings in Trilogy Metals by 61.1% during the first quarter.

Trilogy Metals Inc. (NYSEAMERICAN:TMQ - Free Report) - Investment analysts at Raymond James Financial increased their FY2026 earnings per share estimates for Trilogy Metals in a research note issued on Tuesday, October 7th. Raymond James Financial analyst B. Macarthur now anticipates that the mining company will post earnings per share of ($0.02) for the year, up from their previous estimate of ($0.03). Raymond James Financial has a "Moderate Buy" rating on the stock. The consensus estimate for Trilogy Metals' current full-year earnings is ($0.03) per share.

Trilogy Metals (NYSEAMERICAN:TMQ - Get Free Report) last issued its quarterly earnings data on Thursday, July 10th. The mining company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01).

TMQ has been the topic of several other reports. Cowen reissued a "hold" rating on shares of Trilogy Metals in a report on Tuesday. Cormark lowered Trilogy Metals from a "moderate buy" rating to a "hold" rating in a report on Wednesday. Cantor Fitzgerald raised Trilogy Metals to a "buy" rating and set a $10.00 price objective on the stock in a report on Tuesday. Finally, TD Securities reaffirmed a "hold" rating on shares of Trilogy Metals in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $10.00.

Trilogy Metals Trading Down 2.9%

Shares of TMQ opened at $6.31 on Thursday. Trilogy Metals has a 12 month low of $0.49 and a 12 month high of $7.98. The stock's 50 day moving average is $2.01 and its two-hundred day moving average is $1.67. The firm has a market cap of $1.04 billion, a P/E ratio of -126.20 and a beta of 1.18.

Insiders Place Their Bets

In other Trilogy Metals news, Director William L. Iggiagruk Hensley sold 50,000 shares of the business's stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $1.74, for a total transaction of $87,000.00. Following the transaction, the director owned 143,638 shares of the company's stock, valued at approximately $249,930.12. The trade was a 25.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 15.20% of the company's stock.

Institutional Investors Weigh In On Trilogy Metals

Institutional investors and hedge funds have recently modified their holdings of the company. Old West Investment Management LLC increased its holdings in Trilogy Metals by 61.1% during the 1st quarter. Old West Investment Management LLC now owns 12,611,879 shares of the mining company's stock worth $19,611,000 after purchasing an additional 4,781,670 shares during the period. TSP Capital Management Group LLC grew its holdings in Trilogy Metals by 17.8% during the 2nd quarter. TSP Capital Management Group LLC now owns 6,152,500 shares of the mining company's stock valued at $8,306,000 after buying an additional 930,000 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Trilogy Metals by 120.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 562,080 shares of the mining company's stock valued at $759,000 after buying an additional 306,547 shares during the last quarter. Bornite Capital Management LP grew its holdings in Trilogy Metals by 42.9% during the 1st quarter. Bornite Capital Management LP now owns 1,000,000 shares of the mining company's stock valued at $1,550,000 after buying an additional 300,000 shares during the last quarter. Finally, DLD Asset Management LP acquired a new stake in Trilogy Metals during the 1st quarter valued at $388,000. Hedge funds and other institutional investors own 16.75% of the company's stock.

Trilogy Metals Company Profile

Trilogy Metals Inc, a base metals exploration company, engages in the exploration and development of mineral properties in the United States. The company explores for copper, cobalt, lead, zinc, gold, and silver properties. It 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.

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