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Share Structure
Share Structure
Trilogy Metals Inc. NYSE-American, TSX | TMQ
Issued and Outstanding
164.3 M¹
Options
11.7 M¹
Fully Diluted
181.0 M¹
1 As of August 31, 2025. Fully diluted shares include 3.2 M Deferred Share Units and 1.8 M Restricted Share Units.
Major Shareholders1
Major Shareholders1
Electrum Group
~19.8%
South32 Limited
~11.3%
Paulson & Co.
~8.7%
Old West Investment Management
~6.8%
TSP Capital
~3.7%
Wexford Capital
~2.1%
Tony Giardini (CEO)
~4.4%
Elaine Sanders (CFO)
~1.9%
1 Sources: SEC filings and Bloomberg.
Analyst Coverage
Analyst Coverage
BMO Capital Markets
Rene Cartier
Research Analyst
Cantor Fitzgerald
Mike Kozak
Research Analyst
Cormark Securities Inc.
Stefan Ioannou, PhD
Research Analyst
Exploration Insights
Joe Mazumdar
Analyst & Editor
National Bank Financial
Rabi Nizami
Research Analyst
Raymond James
Brian MacArthur
Managing Director, Head of Mining Research
TD Securities Inc.
Craig Hutchinson
Vice President, Base Metals Analyst
Trilogy Metals is followed by the research analysts listed above. Please note that any opinions, estimates or forecasts regarding TMQ's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of TMQ or its management. TMQ does not, by its reference below or distribution, imply its endorsement of, or concurrence with, such estimates, opinions, conclusions or forecasts. The information in no way should be construed or interpreted as, or as a part of, an offering or solicitation of securities. Please contact the research analyst’s firm directly to obtain a report.