Trilogy Metals Inc.

TSX:TMQ Stock Report

Market Cap: CA$796.4m

Trilogy Metals Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:TMQ Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
28 Aug 26SellCA$24,769,571South32 LimitedCompany8,215,570CA$3.01
09 Jul 26BuyCA$22,800Olav LangelaarIndividual5,000CA$4.56
19 Mar 26BuyCA$27,840Olav LangelaarIndividual6,000CA$4.64
26 Feb 26SellCA$151,134William L. HensleyIndividual25,107CA$6.02
23 Feb 26BuyCA$30,540Olav LangelaarIndividual6,000CA$5.09
18 Feb 26BuyCA$26,200Olav LangelaarIndividual5,000CA$5.24
05 Dec 25SellCA$132,254Gregory LangIndividual20,000CA$6.61
14 Oct 25SellCA$396,043Richard GosseIndividual31,500CA$12.57
09 Oct 25SellCA$1,125,640Gregory LangIndividual119,181CA$9.49
09 Oct 25SellCA$176,649Gregory LangIndividual19,181CA$9.21
09 Oct 25SellCA$1,850,000William HaydenIndividual200,000CA$9.25

Insider Trading Volume

Insider Buying: TMQ insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TMQ?
Owner TypeNumber of SharesOwnership Percentage
Public Companies10,379,7416.01%
Individual Insiders15,944,0349.23%
VC/PE Firms31,604,74118.3%
Institutions36,806,10621.3%
General Public78,011,01745.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 52% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
18.3%
The Electrum Group LLC
31,604,741CA$145.7m0%2.29%
6.01%
South32 Limited
10,379,741CA$47.9m-44.2%no data
5.14%
Tony Giardini
8,875,393CA$40.9m0%no data
4.86%
Tidal Investments LLC
8,396,279CA$38.7m-15.5%0.06%
3.92%
TSP Capital Management Group, LLC
6,777,100CA$31.2m0.33%5.28%
3.53%
Old West Investment Management, LLC
6,092,657CA$28.1m29.6%1.99%
1.97%
Elaine Sanders
3,406,273CA$15.7m0%no data
1.26%
Richard Gosse
2,176,627CA$10.0m0%no data
1.03%
Goehring & Rozencwajg Associates, LLC
1,775,530CA$8.2m2.74%0.25%
0.85%
ALPS Advisors, Inc.
1,473,828CA$6.8m-20.8%0.02%
0.79%
Marshall Wace LLP
1,356,512CA$6.3m-16.7%no data
0.54%
Morgan Stanley
936,338CA$4.3m104%no data
0.53%
Envestnet Asset Management, Inc.
908,869CA$4.2m-6.67%no data
0.51%
Point72 Asset Management, L.P.
877,834CA$4.0m156%no data
0.46%
Citadel Advisors LLC
796,695CA$3.7m158%no data
0.29%
Janice Stairs
508,158CA$2.3m0%no data
0.28%
BlackRock, Inc.
489,510CA$2.3m20.2%no data
0.26%
UBS Asset Management AG
452,423CA$2.1m34%no data
0.24%
The Toronto-Dominion Bank
414,136CA$1.9m3.65%no data
0.23%
The Goldman Sachs Group, Inc.
403,701CA$1.9m-12.1%no data
0.23%
Moore Capital Management, LP
391,599CA$1.8m0%0.03%
0.22%
William Hayden
382,865CA$1.8m35.4%no data
0.19%
BMO Asset Management Corp.
328,040CA$1.5m15.4%no data
0.18%
Private Advisor Group, LLC
313,800CA$1.4m54%no data
0.18%
State Street Investment Management
308,258CA$1.4m32.1%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 12:52
End of Day Share Price 2026/09/11 00:00
Earnings2026/05/31
Annual Earnings2025/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Trilogy Metals Inc. is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander Robert PearceBMO Capital Markets Equity Research
Rene CartierBMO Capital Markets Equity Research
Vitaly KononovFreedom Broker