Trilogy Metals Inc. (TMQ:CA), a base metals exploration company focused on copper, cobalt, and other industrial minerals, is gearing up for its Q4 fiscal 2024 earnings release. With a fluctuating stock price and mixed analyst ratings, investors are eager to see how the company has performed in the last quarter.
The upcoming earnings report is expected to provide crucial insights into Trilogy Metals’ financial health, operational efficiency, and future project developments, especially in the Ambler Mining District in Alaska.
Before we dive in, we have a special offer! For a limited time, you can get 70% off Stock Target Advisor’s premium features. Claim your discount here!
Expected Q4 Earnings Report of Trilogy Metals Inc:
Trilogy Metals is set to report its Q4 2024 earnings on February 12, 2025. Analysts estimate the company will report an earnings per share (EPS) of -$0.01, which remains unchanged from previous quarters. This reflects the company’s continued struggle to achieve profitability, given its negative cash flow trends over the past year.
For the trailing 12 months ending August 31, 2024, Trilogy Metals recorded a net loss of $10.0 million, with a decline of 41.83% year-over-year. Its Q3 2024 earnings were -$1.6 million, marking a 9.6% decline from Q2.
The company has faced ongoing challenges related to project funding, fluctuating commodity prices, and infrastructure development in its key mining assets.
Want to know more about Trilogy Metals? Check out full analysis report here, it’s free.
Stock Target Advisor’s Analysis on Trilogy Metals Inc:
Stock Target Advisor has issued a bearish rating for Trilogy Metals Inc., citing four negative signals and only one positive indicator.
Despite these challenges, some analysts point to Trilogy Metals’ undervalued price-to-earnings ratio (2.55), which places it in the top quartile compared to its peers. However, the company’s return on equity (-7.29%) and return on assets (-2.86%) remain weak, raising concerns about long-term financial sustainability.
Recent analyst coverage has provided a mixed outlook for Trilogy Metals’ stock:
- TD Securities: Target price increased to CAD 1.50, with a Hold rating.
- Raymond James: CAD 1.00, with a Hold rating.
On average, the 12-month target price for Trilogy Metals is CAD 1.13, reflecting a potential 39.52% downside risk based on Stock Target Advisor’s forecast.
Conclusion:
Trilogy Metals Inc. is approaching its Q4 earnings release with a stable yet concerning financial outlook. With an expected EPS of -$0.01, the company remains in negative earnings territory, reflecting ongoing operational challenges.
While some analysts have raised their price targets, the stock remains under pressure due to negative cash flow and limited near-term growth catalysts.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
