Trilogy Metals (TMQ) Stock Soars After U.S. Govt Deal – Critical Minerals Boom Brewing?
TMQ has traded in a tight range just above $2.00 in recent weeks. On Oct 6, 2025 it closed at about $2.09stockanalysis.com. Trading volume that session was around 613,000 sharesinvesting.com. This modest move belies recent volatility: in after-hours trading on Oct 6 the stock spiked roughly +150% on the U.S. government newsinvesting.combenzinga.com, although the regular market close remained at $2.09. Over the past year TMQ is up several hundred percent off its late-2024 lows, reflecting a dramatic rally since early 2025. Market data: Investing.com reports a market cap ~$346.7 millioninvesting.com. The 52-week trading range is $0.471–2.480investing.com. One-year change is +333%investing.com, illustrating the sharp breakout. Recent daily volatility has been low, but afterhours events have driven large gaps. For now, analysts note the stock is trading well above most targets – the MarketBeat consensus 12-month target of C$2.38marketbeat.com implies a ~20% downside from current levels.