TMQTrilogy Metals Inc.Basic Materials · Industrial Materialsas of 2026-09-16
Horizon

Issued 2026-09-16 at $3.12 · now $3.12 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, TMQ has typically landed between $2.22 and $4.33 — a range of −29.0% to +38.7% from the issuance price $3.12.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

3,595 overlapping 1 month windows · 2012-04-252026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($3.12) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where TMQ has typically landed a month from the 2026-09-16 close of $3.12 — the range is history, not a prediction.

$2.22worst · -29.0%$4.33best · +38.7%
  • now $3.12 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $3.17 (+1.5%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $2.71$3.62
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $2.22$4.33
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 3,595 windows spanning 2012-04-25 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2025-10-15−54.6%−54.6%+0.0%
2025-10-16−50.4%−50.4%+0.0%
2020-02-06−47.6%−47.6%+0.0%
3 best
2025-09-12+302.9%−3.8%+302.9%
2025-09-09+242.9%+0.0%+242.9%
2025-09-15+233.3%−5.2%+297.2%

3,595 overlapping windows · 2012-04-252026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~15 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
64%
+6.2%
n=14
Feb
43%
−3.0%
n=14
Mar
57%
+2.1%
n=14
Apr
64%
+7.1%
n=14
May
53%
−2.6%
n=15
Jun
53%
−0.1%
n=15
Jul
47%
+1.6%
n=15
Aug
53%
+5.4%
n=15
Sep
20%
−7.3%
n=15
Oct
57%
+9.4%
n=14
Nov
43%
+4.2%
n=14
Dec
36%
−2.4%
n=14

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$8$22026-08-28: 1 insider sale, $17.8M — South32 Ltd2026-05-08: 1 insider sale, $222K — Hensley William L. Iggiagruk2026-02-26: 1 insider sale, $110K — Hensley William L. Iggiagruk2025-12-05: 2 insider sales, $333K — Lang Gregory A. …2025-10-16: 1 insider sale, $750K — Gowans James2025-10-09: 5 insider sales, $2.8M — Hayden William Beckwith, Lang Gregory A., Stairs Janice …2025-10-08: 5 insider sales, $4.9M — Sanders Elaine, WALTERS DIANA J, Hensley William L. Iggiagruk, Hayden William Beckwith …2025-10: 11 open-market sales, $8.4M2025-12: 2 open-market sales, $333K2026-02: 1 open-market sale, $110K2026-05: 1 open-market sale, $222K2026-08: 1 open-market sale, $17.8M↑ buys↓ salestenPercentOwner South32 Ltd — Sale on 2026-08-28, filed 4 days after the tradedirector Hensley William L. Iggiagruk — Sale on 2026-05-08, filed 4 days after the tradedirector Hensley William L. Iggiagruk — Sale on 2026-02-26, filed 1 day after the tradedirector Lang Gregory A. — Sale on 2025-12-05, filed 3 days after the tradedirector Lang Gregory A. — Sale on 2025-12-05, filed 3 days after the tradedirector Gowans James — Sale on 2025-10-16, filed 1 day after the tradedirector Hayden William Beckwith — Sale on 2025-10-09, filed 1 day after the tradedirector Lang Gregory A. — Sale on 2025-10-09, filed 1 day after the tradedirector Stairs Janice — Sale on 2025-10-09, filed 1 day after the tradedirector Lang Gregory A. — Sale on 2025-10-09, filed 1 day after the tradedirector Lang Gregory A. — Sale on 2025-10-09, filed 1 day after the tradeofficer Sanders Elaine — Sale on 2025-10-08, filed 2 days after the tradedirector WALTERS DIANA J — Sale on 2025-10-08, filed 2 days after the tradedirector Hensley William L. Iggiagruk — Sale on 2025-10-08, filed 2 days after the tradedirector Hayden William Beckwith — Sale on 2025-10-08, filed 2 days after the tradeofficer Sanders Elaine — Sale on 2025-10-08, filed 2 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-08-28South32 LtdtenPercentOwnerSale8,215,570 @ $2.17$17.8M−44.2% of holdingnot yet — horizon still opennot yet — horizon still open10,379,741Form 4 · filed 4 days after the trade
2026-05-08Hensley William L. IggiagrukdirectorSale50,000 @ $4.44$222K−73.0% of holding−16.6%not yet — horizon still open18,531Form 4 · filed 4 days after the trade
2026-02-26Hensley William L. IggiagrukdirectorSale25,107 @ $4.40$110K−57.5% of holding−17.1%−27.9%18,531Form 4 · filed 1 day after the trade
2025-12-05Lang Gregory A.directorSale50,000 @ $4.77$238K−38.5% of holding+8.8%−27.8%80,000Form 4 · filed 3 days after the trade
2025-12-05Lang Gregory A.directorSale20,000 @ $4.73$95K−13.3% of holding+8.8%−27.8%130,000Form 4 · filed 3 days after the trade
2025-10-16Gowans JamesdirectorSale100,000 @ $7.50$750K−29.9% of holding−52.1%−43.9%234,046Form 4 · filed 1 day after the trade
2025-10-09Hayden William BeckwithdirectorSale200,000 @ $6.61$1.3M−34.3% of holding−41.4%−40.9%382,685Form 4 · filed 1 day after the trade
2025-10-09Lang Gregory A.directorSale100,000 @ $6.77$677K−28.4% of holding−41.4%−40.9%252,000Form 4 · filed 1 day after the trade
2025-10-09Stairs JanicedirectorSale50,613 @ $6.56$332K−9.1% of holding−41.4%−40.9%508,608Form 4 · filed 1 day after the trade
2025-10-09Lang Gregory A.directorSale50,000 @ $6.53$327K−33.3% of holding−41.4%−40.9%100,000Form 4 · filed 1 day after the trade
2025-10-09Lang Gregory A.directorSale19,181 @ $6.57$126K−5.2% of holding−41.4%−40.9%352,000Form 4 · filed 1 day after the trade
2025-10-08Sanders ElaineofficerSale399,000 @ $6.84$2.7M−11.2% of holding−35.3%−37.8%3,149,561Form 4 · filed 2 days after the trade
2025-10-08WALTERS DIANA JdirectorSale100,000 @ $7.03$703K−66.1% of holding−35.3%−37.8%51,302Form 4 · filed 2 days after the trade
2025-10-08Hensley William L. IggiagrukdirectorSale100,000 @ $6.39$639K−69.6% of holding−35.3%−37.8%43,638Form 4 · filed 2 days after the trade
2025-10-08Hayden William BeckwithdirectorSale64,294 @ $7.06$454K−9.9% of holding−35.3%−37.8%582,865Form 4 · filed 2 days after the trade
2025-10-08Sanders ElaineofficerSale50,599 @ $6.91$350K−1.4% of holding−35.3%−37.8%3,548,561Form 4 · filed 2 days after the trade
2025-07-30Hensley William L. IggiagrukdirectorSale50,000 @ $1.74$87K−25.8% of holding−1.7%+183.8%143,638Form 4 · filed 2 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

113 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-09-01WALTERS DIANA JdirectorAward / grant951557,636Form 4
2026-06-01WALTERS DIANA JdirectorAward / grant792556,685Form 4
2026-05-08Hensley William L. IggiagrukdirectorOption exercise50,00068,531Form 4
2026-05-08Hensley William L. IggiagrukdirectorOption exercise50,0000Form 4
2026-04-23WALTERS DIANA JdirectorOption exercise50,000101,302Form 4
2026-04-23WALTERS DIANA JdirectorOption exercise50,0000Form 4
2026-03-02WALTERS DIANA JdirectorAward / grant814555,894Form 4
2025-12-26KAPLAN THOMAS SCOTTdirectorGift540,4060Form 4
2025-12-26KAPLAN THOMAS SCOTTdirectorGift416,6660Form 4
2025-12-11Lang Gregory A.directorAward / grant50,00050,000Form 4
2025-12-11Hayden William BeckwithdirectorAward / grant50,00050,000Form 4
2025-12-11Hensley William L. IggiagrukdirectorAward / grant50,00050,000Form 4
2025-12-11Gowans JamesdirectorAward / grant50,00050,000Form 4
2025-12-11Stairs JanicedirectorAward / grant65,00065,000Form 4
2025-12-11WALTERS DIANA JdirectorAward / grant50,00050,000Form 4
2025-12-11Giardini TonydirectorAward / grant360,000360,000Form 4
2025-12-11Giardini TonydirectorAward / grant180,000180,000Form 4
2025-12-11Giardini TonydirectorOption exercise60,000120,000Form 4
2025-12-11Sanders ElaineofficerAward / grant260,000260,000Form 4
2025-12-11Sanders ElaineofficerAward / grant45,00045,000Form 4
2025-12-11Sanders ElaineofficerOption exercise15,00030,000Form 4
2025-12-11Sanders ElaineofficerOption exercise15,0003,347,895Form 4
2025-12-11Giardini TonydirectorOption exercise60,0008,758,728Form 4
2025-12-11Sanders ElaineofficerOption exercise15,0003,347,895Form 4
2025-12-11Giardini TonydirectorOption exercise60,0008,758,728Form 4
2025-12-07Sanders ElaineofficerOption exercise183,3343,332,895Form 4
2025-12-07Giardini TonydirectorOption exercise366,6680Form 4
2025-12-07Sanders ElaineofficerOption exercise183,3340Form 4
2025-12-07Giardini TonydirectorOption exercise366,6688,698,728Form 4
2025-12-07Giardini TonydirectorOption exercise366,6688,698,728Form 4
2025-12-05Lang Gregory A.directorOption exercise50,000150,000Form 4
2025-12-05Lang Gregory A.directorOption exercise50,0000Form 4
2025-12-05Lang Gregory A.directorGift45,00035,000Form 4
2025-12-01Stairs JanicedirectorAward / grant3,551644,091Form 4
2025-12-01Hensley William L. IggiagrukdirectorAward / grant3,123517,469Form 4
2025-12-01WALTERS DIANA JdirectorAward / grant3,429555,080Form 4
2025-12-01Hayden William BeckwithdirectorAward / grant2,816483,209Form 4
2025-12-01Lang Gregory A.directorAward / grant3,123614,032Form 4
2025-12-01Gowans JamesdirectorAward / grant3,701563,843Form 4
2025-10-16Giardini TonydirectorOption exercise1,123,4008,332,060Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.