Trilogy Metals Inc. Price & Performance (TMQ)

Director Janice Stairs of Trilogy Metals filed a Form 4 with the SEC, disclosing the acquisition of over 10,000 deferred share units (DSUs) on March 3, 2025. These DSUs, tied to company shares, vest immediately but cannot be converted until the end of her directorial tenure.1

Gold prices surpassed $3,000 as investor demand rises amidst economic uncertainty. Billionaire John Paulson increased his holdings in gold mining stocks, including a 37% stake in International Tower Hill Mines. Paulson predicts gold will appreciate further, driven by central banks' growing preference for gold over the U.S. dollar.2

Trilogy Metals, focused on U.S. mineral exploration, recently released a Preliminary Economic Assessment for its Bornite copper project. The project forecasts 1.9 billion pounds of copper over 17 years with a $394 million after-tax NPV. Despite financial losses, the company remains debt-free with a strong cash runway.3