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About Us 2
About Us 1
  • Trilogy Metals Announces Expanded Management Team at Ambler Metals Joint Venture to Advance Upper Kobuk Mineral Projects in Alaska

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

  • Trilogy Metals Strengthens Strategic Advisory and Leadership Capabilities Following US Federal Investment to Advance Alaska Projects

Share Structure
Trilogy Metals Inc. NYSE-American, TSX | TMQ
Issued and Outstanding172.5 M¹
Options9.9 M¹
Fully Diluted187.0 M¹
1 1 As of February 16, 2026. Fully diluted shares include 3.6 M Deferred Share Units and 1.0 M Restricted Share Units.
Major Shareholders1
Electrum Group~18.3%
Tidal Investments (Amplify ETF)~10.9%
South32 Limited~10.8%
TSP Capital~3.9%
Old West Investment Management~2.7%
Tony Giardini (CEO)~5.1%
Elaine Sanders (CFO)~2.0%
Richard Gosse (VP Exploration)~1.3%
1 Sources: SEC filings and Bloomberg. Current as of February 2026.
Bars
Crane Mine
Analyst Coverage
BMO Capital MarketsRene CartierResearch Analyst
Cantor FitzgeraldMike KozakResearch Analyst
Cormark Securities Inc.Stefan Ioannou, PhDResearch Analyst
Exploration InsightsJoe MazumdarAnalyst & Editor
National Bank FinancialRabi NizamiResearch Analyst
Raymond JamesBrian MacArthurManaging Director, Head of Mining Research
TD Securities Inc.Craig HutchinsonVice 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.
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