TGB · AMEX · Copper

Trekor Metals

Produces copper through Gibraltar's open-pit mine and Florence's in-situ recovery system.

$9.08
After-hours close−0.11 (−1.18%)
At close$9.19(−5.06%)
Loading prices…

Profile

Trekor Metals LimitedTGBMaterials

Produces copper concentrate, molybdenum and copper cathode from Gibraltar in British Columbia and Florence Copper in Arizona, while advancing Yellowhead. Gibraltar was the sole revenue source before Florence began contributing sales; the newer in-situ recovery operation remains subject to permits, offtake, stream and royalty agreements.

Operates Gibraltar, a wholly owned open-pit copper-molybdenum mine in British Columbia, alongside Florence Copper, an in-situ recovery operation in Arizona. Gibraltar mills sulphide ore into copper concentrate and by-products, while its solvent-extraction/electrowinning plant also turns oxide stockpiles into copper cathode. Florence uses wells, solution extraction and electrowinning to make Grade A cathode without a conventional open pit.

Develops Yellowhead, a British Columbia copper-gold-silver project that remains in environmental assessment. Gibraltar concentrate is sold through offtake agreements and relies on CN rail and Port of Vancouver terminals; Florence sells cathode and has offtake, stream and royalty arrangements tied to its output. Copper-price exposure, wellfield ramp-up, permits, water, power, consumables and skilled labour shape operating results.

Company facts

CEOStuart McDonald
ListedOct 4, 2004
ExchangeAMEX
HeadquartersVancouver, Canada
CountryCanada
Employees961
CIK0000878518
ISINCA89472Y1079

Key statistics

Market cap$3.36B
EPS (ttm)$0.0108
P/E (ttm)850.00
ROE1.3%
P/B7.75
P/S5.27
Dividend yield
Beta2.77vs XLB 1.14

Year to date +64.1% · Average volume (30d) 5.9M

Analysts

Price target, next 12 months$9.00−2.0%Median of 8 analysts · vs the Aug 28 close
ConsensusHold2 of 8 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingTarget
Aug 20, 2026JefferiesInitiateBuy
May 7, 2026Cantor FitzgeraldTarget$9

Earnings

EPS

Estimate$0.09
ReportedDue Nov 11, 2026

Revenue

Estimate$171.4M
ReportedDue Nov 11, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26$0.08$0.06−30.7%$200.1M$166.5M−16.8%+0.73%
May 6, 2026Q1 FY26$0.04$0.06+50.0%$174.3M$124.6M−28.5%−3.59%
Feb 18, 2026Q4 FY25$0.08$0.080.0%$134.8M$129.9M−3.6%−4.36%
Nov 12, 2025Q3 FY25$0.03$0.01−66.7%$174.7M$124.7M−28.6%−11.90%
View details

Financial highlights

11 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$139.1M$116.1M$173.9M$243.8M$234.6M$232.6M
Gross profit$16.4M−$4.5M$39.2M$124.1M$81.4M$80.7M
Operating income$6.9M−$9.7M$28.9M$111.9M$66.8M$73.3M
Net income−$28.6M$21.9M−$27.8M$4.5M$16.9M$15.6M
Diluted EPS−$0.10$0.07−$0.09$0.01$0.05$0.04
Gross margin11.8%-3.9%22.6%50.9%34.7%34.7%
Operating margin4.9%-8.3%16.6%45.9%28.5%31.5%

Fiscal years (4-quarter sums)FY24 $608.1M · FY25 $672.9M

Balance sheet, Jun 30, 2026Cash & short-term investments $131.8M · Total debt $532.6M · Total assets $1.88B · Shareholders' equity $602.5M

Dividends

No dividends on record.

Ownership

Institutions 48.54%Insiders

Shares outstanding 365.63M · Float 359.02M · 98.2% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
L1 Capital PTY Ltd34.69M9.49%13FAug 13, 2026
Mirae Asset Global Etfs Holdings Ltd.17.41M4.76%13FAug 14, 2026
Connor, Clark & Lunn Investment Management Ltd.13.10M3.58%13FAug 13, 2026
Wellington Management Group LLP11.24M3.08%13FAug 14, 2026
Vanguard Capital Management LLC10.42M2.85%13FAug 13, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

  • Teck

    British Columbia copper and molybdenum concentrate rival.

  • Freeport-McMoRan

    Arizona cathode and copper-molybdenum supply at much larger scale.

  • Hudbay Minerals

    British Columbia open-pit copper supply and mine-input rival.

CompareAfter-hours close

CompanyPriceChange
Trekor Metals$9.08−1.18%$3.36B850.010.95.3+95.4%
Teck$69.57+0.33%$33.49B19.021.03.3+70.8%
Freeport-McMoRan$76.29−0.20%$109.92B37.521.64.2−7.3%
Hudbay Minerals$29.00−1.01%$13.01B17.316.25.2+17.7%
Median19.021.04.2+17.7%