Trilogy Metals VP Sanders sells $3.08 million in shares

Published 11/10/2025, 00:04
Trilogy Metals VP Sanders sells $3.08 million in shares

Elaine Sanders, VP & CFO of Trilogy Metals Inc. (NASDAQ:TMQ), sold 450,599 shares of common stock on October 8, 2025. The sales, were executed at prices ranging from $6.8361 to $6.91, resulting in a total transaction value of $3,077,242.

On the same day, Sanders also exercised options to acquire 450,000 common shares at a price of $1.81 per share, for a total value of $814,500.

In other recent news, Trilogy Metals has seen significant developments impacting its operations and stock evaluations. The company experienced a notable surge in its stock following President Trump’s signing of an executive order to construct an access road to the Ambler Mining District in Alaska. This infrastructure project is vital for Trilogy Metals, as it will support the development of their primary assets in the region. In terms of analyst activity, BMO Capital downgraded Trilogy Metals from Outperform to Market Perform, adjusting its price target to $5.50 from $3.00. This decision followed the U.S. federal government’s investment in the company’s Ambler Road Project, which included directives for necessary authorizations. Conversely, Cantor Fitzgerald upgraded Trilogy Metals to Buy, raising its price target significantly to $10.00. This upgrade was based on improved prospects for federal funding and expectations of less future equity dilution. These recent developments have collectively shaped the outlook for Trilogy Metals, with infrastructure and funding playing pivotal roles.

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