Trilogy Metals Inc Stock Research

Market Summary

USD0.51-0.00

Market Closed

0.00%

TMQ Stock Price

TMQ RSI Chart

TMQ Valuation

Market Cap

78.8M

Price/Earnings (Trailing)

-3.25

Price/Sales (Trailing)

78.91

Price/Free Cashflow

-20.19

TMQ Price/Sales (Trailing)

TMQ Profitability

Return on Equity

-16.68%

Return on Assets

-16.61%

Free Cashflow Yield

-4.95%

TMQ Fundamentals

TMQ Revenue

Revenue (TTM)

998.0K

Revenue Y/Y

125.13%

Revenue Q/Q

228.24%

TMQ Earnings

Earnings (TTM)

-24.3M

Earnings Y/Y

13.93%

Earnings Q/Q

47.45%

Price Action

52 Week Range

0.501.35

(Low)(High)

Last 7 days

-5.3%

Last 30 days

-8.7%

Last 90 days

-6.2%

Trailing 12 Months

-54.0%

TMQ Financial Health

Current Ratio

5.45

TMQ Investor Care

Shares Dilution (1Y)

0.98%

Diluted EPS (TTM)

-0.17

Peers (Alternatives to Trilogy Metals)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SCCO	55.1B	10.0B	-3.35%	-3.05%	20.8	5.48	-8.10%	-22.37%
FCX	54.4B	22.8B	-9.05%	-25.08%	12.14	2.39	-0.28%	-16.51%
NUE	38.5B	41.5B	-9.07%	-2.40%	5.06	0.93	13.78%	11.42%
NEM	38.5B	11.9B	9.77%	-37.43%	-89.74	3.23	-2.51%	-136.79%
STLD	18.7B	22.3B	-10.00%	23.37%	4.83	0.84	20.92%	19.49%
MID-CAP
CLF	8.9B	23.0B	-12.59%	-46.65%	6.5	0.39	37.87%	-4.59%
AA	7.1B	12.5B	-18.17%	-57.57%	-57.66	0.57	2.46%	-128.67%
X	4.9B	21.1B	-11.94%	-34.12%	1.42	0.22	3.90%	-39.53%
HL	3.3B	718.9M	14.98%	-13.22%	-87.75	4.56	-10.97%	-206.42%
SMALL-CAP
NG	2.0B	-	6.96%	-22.61%	-37.48	-	-	-31.59%
CDE	975.8M	785.6M	5.77%	-31.11%	-12.49	1.24	-5.67%	-149.37%
TMQ	78.8M	998.0K	-8.75%	-53.96%	-3.25	78.91	22.00%	-11.99%
XPL	44.0M	140.0K	-1.16%	-20.00%	-11.8	314.59	-9.82%	-53.52%
LODE	27.2M	543.7K	13.36%	-82.07%	-0.63	50	4.30%	-288.73%

Financials for Trilogy Metals

* denotes actual numbers (not divided by Thousands)
Income Statement (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	31.5%	998	759	751	834	818
Operating Expenses	-9.6%	6,925	7,658	8,088	8,309	8,616
S&GA Expenses	-4.2%	1,287	1,343	1,489	1,502	1,517
Net Income	3.4%	-24,257	-25,102	-22,828	-22,167	-21,660
Net Income Margin	26.5%	-24.31*	-33.07*	-30.40*	-	-
Free Cahsflow	7.2%	-3,900	-4,201	-5,199	-	-

Balance Sheet					(In Thousands)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-3.2%	145,995	150,825	160,299	163,895	167,305
Current Assets	-19.9%	2,910	3,631	4,135	5,106	6,612
Cash Equivalents	-17.9%	2,573	3,133	3,500	4,847	6,308
Net PPE	-14.3%	12.00	14.00	18.00	23.00	29.00
Liabilities	-27.0%	567	777	884	945	1,266
Current Liabilities	-22.8%	534	692	745	757	1,031
Shareholder's Equity	-3.1%	145,428	150,048	159,415	162,950	166,039
Retained Earnings	-8.5%	-66,862	-61,640	-51,702	-47,628	-42,600
Additional Paid-In Capital	0.1%	27,352	27,327	27,106	26,822	25,990
Shares Outstanding	0.2%	145,866	145,508	145,286	-	-

Cashflow (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	7.2%	-3,900,000	-4,201,000	-5,199,000	-5,104,000	-5,117,000
Share Based Compensation	63.9%	-3,427,000	-9,492,000	-9,330,000	-9,351,000	-3,472,000
Cashflow From Investing	Infinity%	142,000	0.00	-119,000	-	-
Cashflow From Financing	-85.0%	54,000	361,000	364,000	437,333	416,000

Risks for TMQ

What is the probability of a big loss on TMQ?

100%

Probability that Trilogy Metals stock will be more than 20% underwater in next one year

71.2%

Probability that Trilogy Metals stock will be more than 30% underwater in next one year.

60.4%

Probability that Trilogy Metals stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TMQ drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Trilogy Metals was unfortunately bought at previous high price.

Drawdowns

Returns for TMQ

Cumulative Returns on TMQ

-11.9%

10-Year Cumulative Returns

3.9%

7-Year Cumulative Returns

-16.8%

5-Year Cumulative Returns

-26.2%

3-Year Cumulative Returns

What are the long-term rolling returns for TMQ?

FIve years rolling returns for Trilogy Metals.

Annualized Returns

Which funds bought or sold TMQ recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-01	Goehring & Rozencwajg Associates, LLC	new	-	740,153	740,153	0.26%
2023-02-17	Coppell Advisory Solutions Corp.	new	-	91.00	91.00	-%
2023-02-15	Steward Partners Investment Advisory, LLC	unchanged	-	36.00	36.00	-%
2023-02-15	JANE STREET GROUP, LLC	added	52.32	6,725	22,725	-%
2023-02-15	SALEM INVESTMENT COUNSELORS INC	unchanged	-	28.00	28.00	-%
2023-02-14	NewEdge Advisors, LLC	new	-	-	-	-%
2023-02-14	PAULSON & CO. INC.	reduced	-	-814,152	7,879,850	0.71%
2023-02-14	CITADEL ADVISORS LLC	new	-	59,907	59,907	-%
2023-02-14	Royal Bank of Canada	added	142	1,000	4,000	-%
2023-02-14	MILLENNIUM MANAGEMENT LLC	added	56.09	76,000	257,000	-%

Latest Funds Activity

Are funds buying TMQ calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own TMQ

No. of Funds

Trilogy Metals News

Schedule 13G FIlings of Trilogy Metals

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	baupost group llc/ma	3.93%	5,741,752	SC 13G/A
Jan 12, 2023	selz bernard t	616%	9e+05	SC 13G/A
Jan 09, 2023	baupost group llc/ma	5.46%	7,990,481	SC 13G/A
Feb 11, 2022	baupost group llc/ma	8.11%	11,708,547	SC 13G/A
Jan 12, 2022	selz bernard t	5.82%	8,400,000	SC 13G/A
Mar 19, 2021	selz bernard t	8.31%	11,984,134	SC 13G
Mar 10, 2021	neuberger berman group llc	0%	0	SC 13G/A
Feb 11, 2021	neuberger berman group llc	8.51%	12,261,834	SC 13G/A
Apr 09, 2020	neuberger berman group llc	9.37%	13,164,300	SC 13G
Feb 13, 2020	baupost group llc/ma	8.70%	12,182,568	SC 13G/A

TMQ Fair Value

Recent SEC filings of Trilogy Metals

View All Filings

Date Filed	Form Type	Document
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Feb 27, 2023	8-K	Current Report
Feb 14, 2023	8-K	Current Report

Latest Insider Trading transactions for TMQ

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-01	Giardini Tony	acquired	-	-	166,666	president and ceo
2023-01-09	Sanders Elaine	acquired	-	-	463,787	vp and cfo
2023-01-09	Giardini Tony	acquired	-	-	1,025,870	president and ceo
2022-12-01	Giardini Tony	acquired	-	-	160,256	president and ceo
2022-12-01	Lang Gregory A.	acquired	-	-	13,400	-
2022-12-01	Stairs Janice	acquired	-	-	13,833	-
2022-12-01	Lang Gregory A.	gifted	-	-	13,400	-
2022-12-01	MADHAVPEDDI KALIDAS V	acquired	-	-	15,562	-
2022-12-01	MADHAVPEDDI KALIDAS V	gifted	-	-	-15,562	-
2022-12-01	Lang Gregory A.	gifted	-	-	-13,400	-

About Trilogy Metals

Tony S. Giardini

www.trilogymetals.com

Trilogy Metals Inc., a base metals exploration company, explores for and develops mineral properties in the United States. 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 426,690 acres located in the Ambler mining district in Northwest Alaska. The company was formerly known as NovaCopper Inc. and changed its name to Trilogy Metals Inc. in September 2016. Trilogy Metals Inc. was founded in 2004 and is headquartered in Vancouver, Canada.

TMQ Income Statement

2022-11-30

Consolidated Statements of Earnings (Loss) and Comprehensive Earnings (Loss) - USD ($) $ in Thousands	12 Months Ended
	Nov. 30, 2022	Nov. 30, 2021	Nov. 30, 2020
Expenses
Amortization	$ 17	$ 21	$ 91
Exploration expenses	47	143
Feasibility study (note 6(d))			1,065
Foreign exchange (gain)/loss	(18)	36	56
General and administrative	1,287	1,517	1,650
Investor relations	183	602	537
Mineral properties expense (note 6(d))			1,545
Professional fees	998	818	1,347
Salaries	984	2,007	1,411
Salaries - technical services (note 4(e))			898
Salaries and directors expense - stock-based compensation	3,427	3,472	3,564
Total expenses	6,925	8,616	12,164
Other items
Gain on disposition of mineral property	(84)		(175,770)
Interest and other income	(34)	(16)	(87)
Services agreement income (note 4(e))		(22)	(929)
Share of loss on equity investment (note 4(b))	17,360	13,082	2,855
Write off mineral properties	90
Comprehensive (loss) earnings for the year	$ (24,257)	$ (21,660)	$ 161,767
Basic (loss) earnings per common share	$ (0.17)	$ (0.15)	$ 1.14
Diluted (loss) earnings per common share	$ (0.17)	$ (0.15)	$ 1.12
Basic weighted average number of common shares outstanding	145,721,736	144,428,926	141,464,877
Diluted weighted average number of common shares outstanding	145,721,736	144,428,926	144,604,750

TMQ Balance Sheet

2022-11-30

Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2022	Nov. 30, 2021
Current assets
Cash	$ 2,573	$ 6,308
Accounts receivable (note 3)	17	19
Deposits and prepaid amounts	320	285
Total current assets	2,910	6,612
Investment in Ambler Metals LLC (note 4)	142,754	160,063
Fixed assets (note 5)	12	29
Mineral properties (note 6)		119
Right of use asset (note 8 (a))	319	482
Total assets	145,995	167,305
Current liabilities
Accounts payable and accrued liabilities (note 7)	345	852
Current portion of lease liability	189	179
Total current liabilities	534	1,031
Long-term portion of lease liability (note 8 (b))	33	235
Total liabilities	567	1,266
Shareholders' equity
Share capital (note 9) - unlimited common shares authorized, no par value Issued - 146,225,035 (2021 - 145,009,811)	182,178	180,820
Contributed surplus	122	122
Contributed surplus - options (note 9(a))	27,352	25,990
Contributed surplus - units (note 9(b))	2,638	1,712
Deficit	(66,862)	(42,605)
Total Shareholders' Equity	145,428	166,039
Total Liabilities and Shareholders' Equity	$ 145,995	$ 167,305