Trilogy Metals (TMQ) AI Stock Analysis

• Market Cap: C$290.71M
• Dividend Yield: N/A
• Average Volume (3M): 12.89K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.06
• Revenue Growth: N/A
• EPS Growth: 36.46%
• Country: CA
• Employees: 5
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Industrial Materials
• EPS (TTM): -0.03
• Shares Outstanding: 164,241,410
• 10 Day Avg. Volume: 10,850
• 30 Day Avg. Volume: 12,893
• PEG Ratio: -27.22
• Price to Book (P/B): 1.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -131.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$2.38
• Price Target Upside: 30.77% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 52 Neutral
• Price Target: ―

Trilogy Metals' stock is challenged by ongoing losses and negative cash flows, impacting the financial performance score significantly. However, the strong equity position and low debt provide some financial stability. Technical indicators are neutral, showing neither strong bullish nor bearish trends. Valuation metrics are unattractive due to negative earnings. Positive corporate events related to operational prospects and regulatory changes provide some optimism, which slightly boosts the overall score.

Trilogy Metals Business Overview & Revenue Model

Company Description

Trilogy Metals Inc. is a base metals exploration company focused on the exploration and development of mineral resource properties located in the Ambler Mining District in Alaska, USA. The company is primarily engaged in the exploration of copper, zinc, lead, gold, silver, and other mineral resources. Trilogy Metals' flagship project is the Upper Kobuk Mineral Projects, which includes the Arctic and Bornite deposits, both known for their high-grade mineralization and significant resource potential.

How the Company Makes Money

Trilogy Metals generates revenue through the exploration and development of its mineral resource properties, primarily focusing on copper and polymetallic deposits. The company makes money by advancing these projects through exploration, resource definition, and feasibility studies, eventually leading to potential mining operations or partnerships. A significant portion of Trilogy Metals' financial strategy involves forming strategic partnerships and joint ventures, such as the Ambler Metals LLC joint venture with South32, which provides funding and resources to advance their projects. Revenue is primarily realized through the development and sale of mineral resources or through potential royalties and interests from joint ventures and partnerships.

Trilogy Metals Financial Statement Overview

Summary

Trilogy Metals faces significant operational challenges with no revenue generation and ongoing losses, impacting its income statement adversely. The balance sheet reveals strong equity and low debt, providing some financial cushion. However, negative cash flows suggest potential liquidity concerns, necessitating strategic changes to improve financial health.

Income Statement

Trilogy Metals has reported zero revenue across all periods, indicating a lack of sales activity. The company consistently incurs substantial net losses, with TTM net income at -$8.609 million. EBIT and EBITDA margins are negative due to ongoing operating losses, reflecting a challenging financial position.

Balance Sheet

The company maintains a strong equity position with an equity ratio of 99.4% in the TTM, indicating financial stability and low leverage. The debt-to-equity ratio is minimal at 0.001, suggesting limited reliance on debt financing. Despite the absence of revenue, the company holds substantial cash reserves, enhancing its liquidity.

Cash Flow

Operating cash flows are negative, with a TTM operating cash flow of -$1.997 million, indicating cash burn. However, positive investing cash flows from asset sales or financing offset this partially. Free cash flow remains negative, highlighting potential sustainability issues without external financing.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-3.00K	0.00	0.00	0.00	0.00	-1.54M
	EBIT
-5.57M	-6.62M	-7.08M	-6.96M	-8.54M	-187.82M
	EBITDA
-7.11M	-6.62M	-7.08M	-6.94M	-8.52M	-11.48M
	Net Income Common Stockholders
-8.61M	-8.59M	-14.95M	-41.52M	-21.68M	337.57M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
25.21M	25.83M	2.59M	2.57M	6.31M	11.13M
	Total Assets
132.39M	133.70M	138.02M	146.00M	167.31M	185.26M
	Total Debt
134.00K	147.00K	33.00K	222.00K	414.00K	566.00K
	Net Debt
-25.08M	-25.69M	-2.56M	-2.35M	-5.89M	-10.56M
	Total Liabilities
800.00K	903.00K	465.00K	567.00K	1.27M	1.45M
	Stockholders Equity
131.59M	132.79M	137.56M	145.43M	166.04M	183.81M
Cash Flow		Free Cash Flow
-2.00M	-1.83M	-3.09M	-3.94M	-5.24M	-8.25M
	Operating Cash Flow
-2.00M	-1.83M	-3.09M	-3.94M	-5.12M	-8.25M
	Investing Cash Flow
25.00M	25.00M	0.00	142.00K	-119.00K	0.00
	Financing Cash Flow
205.00K	74.00K	3.12M	54.00K	416.00K	217.00K

Trilogy Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.82
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TMQ, the sentiment is Positive. The current price of 1.82 is above the 20-day moving average (MA) of 1.76, below the 50-day MA of 1.97, and above the 200-day MA of 1.57, indicating a neutral trend. The MACD of -0.07 indicates Negative momentum. The RSI at 48.38 is Neutral, neither overbought nor oversold. The STOCH value of 82.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TMQ.

Trilogy Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LUCA	56 Neutral	C$338.94M	37.31	-18.51%	―	100.84%	17.40%
TMQ	52 Neutral	C$290.71M	―	-6.43%	―	―	36.46%
Sector *	51 Neutral	$2.04B	-1.15	-21.37%	3.64%	2.88%	-30.57%
WRN	46 Neutral	C$338.01M	―	-3.62%	―	―	-77.62%
FWZ	46 Neutral	C$456.79M	―	-111.91%	―	―	13.05%
PMET	38 Underperform	C$365.11M	5,680.00	-2.20%	―	―	-2226.67%
SFR	18 Underperform	C$312.12M	―	75.60%	―	―	-73.03%

Trilogy Metals Corporate Events

Trilogy Metals Secures Capital Flexibility with New Prospectus Filings

Trilogy Metals Inc. has filed a final base shelf prospectus in Canada and a corresponding shelf registration statement in the United States, allowing for the potential issuance of up to $50 million in securities. This strategic move aims to enable the company to access capital more efficiently as market conditions allow, potentially impacting its operational agility and financial strategy.

Spark’s Take on TSE:TMQ Stock

According to Spark, TipRanks’ AI Analyst, TSE:TMQ is a Neutral.

Trilogy Metals faces significant challenges with no revenue and ongoing losses, impacting its financial performance. While the strong balance sheet provides some stability, negative cash flows are concerning. The stock shows short-term positive momentum, but poor valuation due to negative earnings is a drawback. Recent corporate developments offer potential long-term benefits, slightly boosting the overall outlook.

To see Spark’s full report on TSE:TMQ stock, click here.

Trilogy Metals Reports Stable Q1 Losses and Positive Bornite PEA Amid Regulatory Changes

Trilogy Metals reported a net loss of $3.6 million for the first quarter of fiscal 2025, consistent with the previous year, despite increased professional fees related to the Bornite preliminary economic assessment and Base Shelf Prospectus filing. The company announced positive results from its Bornite PEA, highlighting a 17-year mine life with significant copper production and potential to extend mining activities. Additionally, a recent executive order reinstated the right-of-way permit for the Ambler Road, which could positively impact Trilogy’s operations and stakeholder interests in Alaska.

Trilogy Metals Schedules 2025 Annual Shareholders Meeting

Trilogy Metals has announced that its 2025 Annual General Meeting (AGM) will take place on May 13, 2025, in Vancouver. The meeting will address the re-election of current directors and the approval of unallocated entitlements under the company’s share unit plans, requiring shareholder approval every three years. Shareholders as of March 17, 2025, are eligible to vote, and the company’s management information circular is available for review. This AGM is a routine event, but it underscores the company’s ongoing governance and shareholder engagement efforts, which are crucial for maintaining investor confidence and aligning with regulatory requirements.

Trilogy Metals Reports Reduced Losses for Fiscal 2024

Trilogy Metals Inc. announced its fiscal year-end results for 2024, reporting a net loss of $8.6 million, down from a $15 million loss in 2023. This reduction is attributed to a decrease in the company’s share of losses from Ambler Metals LLC and reduced expenses in general and administrative costs, professional fees, and salaries. However, these were slightly offset by increased professional fees related to management support and external affairs, reflecting a strategic realignment of operational focus.

Trilogy Metals Files NI 43-101 Technical Report for Bornite Project

Trilogy Metals Inc. has filed a National Instrument 43-101 technical report for its Bornite copper project in the Ambler Mining District of Northwestern Alaska. This report, prepared by independent consultants, outlines the Preliminary Economic Assessment (PEA) on a 100% ownership basis, though Trilogy holds a 50% interest in the project through its joint venture, Ambler Metals LLC. The filing aims to provide transparency and align with regulatory standards, potentially impacting the company’s strategic positioning within the metal exploration and development industry.