Trilogy Metals Inc.

Gold and Silver Ores

TMQ Mining & Metals People in Mining & Metals SEC CIK 0001543418 ↗

Computed from SEC EDGAR filings and closing prices — not copied from any wealth ranking. Dataset . How we calculate this.

Market capitalisation
$564.88M
172,745,639 shares Covers every share class this company has on file.
Insiders on file
6
people who have filed Form 3, 4 or 5 naming this issuer
Value of insider-held stock
$44.01M
from the holdings reported on Forms 3/4/5; this figure has no separate as-of date on file
Insider-held share of market cap
7.79%
insider-held value divided by market capitalisation

What Trilogy Metals Inc. reports

Revenue and net income below are for fiscal period FY2025, the period label carried by this company’s own annual XBRL filings to the SEC. Fiscal years do not line up between companies — one company’s FY2026 can cover much the same months as another’s FY2025 — so compare the periods, not just the numbers.

Revenue
No revenue figure: this company’s filings tag profit, but no single revenue total.
Net income
-$42.24M
FY2025 a loss for the period, from this company’s own annual XBRL filings to the SEC
Employees
5
Yahoo Finance
Why the revenue box is blank

US GAAP has no one “total revenue” tag that every filer uses. A bank reports interest and dividend income separately from non-interest income; closed-end funds, blank-cheque companies and some property trusts report the same way; and a company that has not sold anything yet — a drug developer still in trials, for instance — files no revenue at all. Adding two differently defined income lines together would produce a number that appears in no filing, so we publish a revenue figure only where the filing tags one annual, US-dollar revenue fact we can point at. A blank here means no such tag, not that we failed to look.

Where the employee count comes from

Headcount comes from Yahoo Finance, not from a filing. The date beside it is the day we retrieved the figure — it is not the date the company counted its staff, and Yahoo does not publish that date. Unlike the SEC filings behind the other figures on this page, this one carries no open licence, so we publish the number and nothing else from that source.

Insiders at Trilogy Metals Inc.

Shares is what each person last reported holding here.

Everyone below has filed at least one insider report against this company.

Value is that share count priced at the same closing price used everywhere else on this site. A row priced from only some of a person’s securities says so — we do not quietly present a partial sum as a complete one.

Rows are grouped by the role each person reports.

The role comes from the relationship boxes a person ticks on their own insider filings — officer, director, ten per cent owner — not from anything we infer. Somebody who is both an officer and a director appears once, in the combined group, so the row count still matches the figure at the top of this page. Where no filing states a role we say so instead of guessing one.

People who file insider reports against Trilogy Metals Inc..
Insider Reported role Shares Value Last action
Officers 1
Elaine Sanders CFO 3,347,895 $11.05M M Option exercise or conversion Dec 11, 2025 position reported
Officers who also sit on the board 2
Tony Giardini CEO 8,758,728 $28.90M M Option exercise or conversion Dec 11, 2025 position reported
Gregory A Lang CEO 287,000 $947.1K M Option exercise or conversion Dec 5, 2025 position reported
Directors 3
Janice Stairs Board Member 508,608 $1.68M M Option exercise or conversion Oct 9, 2025 position reported
William Beckwith Hayden Board Member 382,685 $1.26M S Open-market sale Oct 9, 2025 position reported
Diana J. Walters Diana J. Walters Board Member 51,302 $169.3K M Option exercise or conversion Apr 23, 2026 position reported

Recent insider transactions

Of the 50 rows we hold, 0 are open-market purchases and 14 open-market sales (S) — the only codes we count as buying or selling.

The rest — awards, shares withheld to pay tax, option exercises, gifts and so on — follow from an employment contract or a transfer arranged off-market, not from a decision to buy or sell, so counting them would turn this into a pay table.

A price of 0.00 is a real reported figure on gifts (G) and share awards (A) — not a gap in our data.

Insider transactions disclosed to the SEC for Trilogy Metals Inc., newest first, each with the filing behind it.
Date Insider Transaction Shares Price Value Filing
Apr 23, 2026 Diana J. Walters M Option exercise or conversion 50,000 $1.61 $80.5K SEC filing ↗
Dec 11, 2025 Tony Giardini M Option exercise or conversion 60,000 $0.00 $0 SEC filing ↗
Dec 11, 2025 Elaine Sanders M Option exercise or conversion 15,000 $0.00 $0 SEC filing ↗
Dec 7, 2025 Tony Giardini M Option exercise or conversion 366,668 $0.00 $0 SEC filing ↗
Dec 7, 2025 Elaine Sanders M Option exercise or conversion 183,334 $0.00 $0 SEC filing ↗
Dec 5, 2025 Gregory A Lang M Option exercise or conversion 50,000 $1.82 $91.0K SEC filing ↗
Dec 5, 2025 Gregory A Lang S Open-market sale 50,000 $4.77 $238.5K SEC filing ↗
Dec 5, 2025 Gregory A Lang G Bona fide gift 45,000 $0.00 $0 SEC filing ↗
Dec 5, 2025 Gregory A Lang S Open-market sale 20,000 $4.73 $94.6K SEC filing ↗
Oct 16, 2025 Tony Giardini M Option exercise or conversion 1,123,400 $1.79 $2.01M SEC filing ↗
Oct 9, 2025 William Beckwith Hayden S Open-market sale 200,000 $6.61 $1.32M SEC filing ↗
Oct 9, 2025 Janice Stairs M Option exercise or conversion 100,000 $1.80 $180.0K SEC filing ↗
Oct 9, 2025 Janice Stairs S Open-market sale 50,613 $6.56 $332.0K SEC filing ↗
Oct 9, 2025 Gregory A Lang S Open-market sale 50,000 $6.53 $326.5K SEC filing ↗
Oct 9, 2025 Gregory A Lang S Open-market sale 19,181 $6.57 $126.0K SEC filing ↗
Oct 9, 2025 Gregory A Lang S Open-market sale 100,000 $6.77 $677.0K SEC filing ↗
Oct 9, 2025 Gregory A Lang M Option exercise or conversion 50,000 $1.80 $90.0K SEC filing ↗
Oct 8, 2025 William Beckwith Hayden M Option exercise or conversion 100,000 $1.81 $181.0K SEC filing ↗
Oct 8, 2025 William Beckwith Hayden M Option exercise or conversion 50,000 $1.58 $79.0K SEC filing ↗
Oct 8, 2025 William Beckwith Hayden M Option exercise or conversion 50,000 $0.56 $28.0K SEC filing ↗
Oct 8, 2025 William Beckwith Hayden M Option exercise or conversion 50,000 $0.42 $21.0K SEC filing ↗
Oct 8, 2025 William Beckwith Hayden M Option exercise or conversion 75,000 $1.09 $81.8K SEC filing ↗
Oct 8, 2025 William Beckwith Hayden S Open-market sale 64,294 $7.06 $453.9K SEC filing ↗
Oct 8, 2025 Diana J. Walters S Open-market sale 100,000 $7.03 $703.0K SEC filing ↗
Oct 8, 2025 Diana J. Walters M Option exercise or conversion 100,000 $1.81 $181.0K SEC filing ↗

From SEC Form 4 filings. Every row links to the filing it came from. How we calculate this.

What a Form 4 is

The report an officer, director or large shareholder must file after trading their own company’s stock.

Corporate ownership links — 4 filers hold a position

Who owns Trilogy Metals Inc.

Each row is one filer naming this company.

Funds, trusts and other companies file the same ownership forms that executives do. Everything below is taken from those filings, with the position exactly as the filing states it.

Do not add these figures together. 4 of the positions below were reported on filings shared by several filers at once.

Why the same shares appear twice

On a joint filing every named filer is listed against the whole position, so the same block of stock appears under each name. Those rows are marked joint.

Filers holding a position in Trilogy Metals Inc.

Funds, trusts and companies that disclose an ownership position in Trilogy Metals Inc..
Owner Reported role Shares Filed
Electrum Group LLC TenPercentOwner 31,604,741 joint
Electrum Strategic Opportunities Fund L.P. TenPercentOwner 31,604,741 joint
ESOF GP Ltd. TenPercentOwner 31,604,741 joint
GRAT Holdings LLC TenPercentOwner 31,604,741 joint

See the full ownership map — every entity that files as an owner of a US public company.

Subsidiaries — 3 legal entities

Subsidiaries of Trilogy Metals Inc.

3 legal entities named in the subsidiary exhibit filed with this company’s most recent 10-K. . Filing on SEC.gov.

This is not the full list. SEC rules only require a company to name its significant subsidiaries.

What that leaves out

Smaller entities are left out of the exhibit entirely. A short list here means a short exhibit — it does not mean the company owns nothing else. Nothing on this page is inferred: every name below is copied from the filing.

Subsidiaries Trilogy Metals Inc. names in its most recent annual report, with the place each one is organised.
Subsidiary Organised in
995 Exploration Inc. Delaware
Ambler Metals LLC (50% owned by NovaCopper US Inc.) Delaware
NovaCopper US Inc. Delaware
What counts as a subsidiary

A subsidiary is a separate legal entity this company controls; it is not the same thing as a brand, a division or an office. These entities do not file with the SEC in their own right, so there is no separate page to open for them.

Think a number here is wrong? Open the linked filing and compare — how to report it.

Sources and technical notes

Every figure on this page comes from filings to the U.S. SEC via EDGAR. Nothing here is estimated, and nothing is taken from press coverage or company websites.

Share count: cover page of the latest filing (dei:EntityCommonStockSharesOutstanding), taken from Trilogy Metals Inc.’s own filings and multiplied by our closing price. Full method.

What that share count means

the share count the company itself prints on the cover of its most recent filing, as of the date it signed that filing.

We do not take a market cap from a data vendor, and we do not estimate one: the figure is a share count from Trilogy Metals Inc.’s own SEC filings multiplied by the closing price we hold for the same stock.