As Trilogy Metals Inc prepares to report its earnings, investors are closely watching for any signs of improvement in a challenging landscape.
Trilogy Metals Inc (TMQ.TO) will release its earnings report on October 2, 2026, before the market opens. With an EPS estimate of -$0.04, the company faces a tough road ahead, having not beaten earnings estimates in its last four quarters. Investors are looking for insights into the company's financial health and operational progress, especially regarding its Arctic Project.
Recent earnings trend
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Trilogy Metals Inc
TMQ.TO
TMQ.TO
Trilogy Metals Inc
WealthAwesomeMarket cap
$801.50M
52W high
$15.21
52W low
$2.80
1W change
-4.07%
Beta
1.67
Analyst Price Targets
Based on analyst covering TMQ · as of Sep 29, 2026
Wall Street analysts forecast TMQ stock price to rise 110.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$9.44
+110.8% Upside
Previously C$9.44 on Sep 28, 2026
Current Price
C$4.48
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TMQ's historical volatility
30-Day Vol
55.1%
Annualized
90-Day Vol
61.5%
Annualized
Trend (90d)
-32.5%
Annualized drift
90d Mean
C$3.99
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$4.31 | C$3.56 – C$5.21 |
| 60 trading days | C$4.15 | C$3.17 – C$5.43 |
| 90 trading days | C$3.99 | C$2.87 – C$5.55 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-08-31 | 2026-10-02 | — | -0.0400 | — |
| 2026-05-31 | 2026-07-08 | -0.0300 | -0.0200 | -50.0% |
| 2026-02-28 | 2026-04-02 | -0.0300 | -0.0200 | -50.0% |
| 2025-11-30 | 2026-02-17 | -0.0693 | -0.0100 | -593.0% |
| 2025-08-31 | 2025-09-30 | -0.0100 | -0.0100 | +0.0% |
| 2025-05-31 | 2025-07-10 | -0.0100 | -0.0100 | +0.0% |
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Investor takeaway: The upcoming earnings report is crucial for Trilogy Metals as it seeks to turn around its recent performance. Investors should focus on the EPS trends and any commentary about the Arctic Project's progress, as this could influence future growth prospects.
EPS Estimate at -$0.04
Given its history of missing earnings estimates, Trilogy Metals needs to show significant operational improvements to reassure investors.
Bull case
If Trilogy Metals exceeds the EPS estimate and shares positive updates on its Arctic Project, it could signal a recovery and restore investor confidence, potentially driving the stock price higher.
Bear case
On the other hand, if the company fails to meet expectations again and doesn’t provide substantial updates on its projects, it could further erode investor confidence and lead to a drop in the stock price.
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