Trilogy Metals Inc. shares plunge 5.30% amid sector-wide pullback and profit-taking

Trilogy Metals Inc. shares fell 5.2953% in pre-market trading on Dec. 29, 2025, marking a sharp reversal after months of modest gains. The decline, one of the largest intraday drops in recent months, came amid mixed market sentiment for the junior miner.

The sell-off followed a broader sector-wide pullback as traders reassessed risk amid tightening liquidity conditions. While Trilogy had benefited from renewed interest in base metals earlier in the quarter, the recent selloff reflects profit-taking and uncertainty over near-term production timelines. Analysts noted the stock remains vulnerable to macroeconomic headwinds despite its strategic position in the critical minerals space.

With no major project updates or earnings reports to anchor investor confidence recently, the move highlights the stock’s sensitivity to broader market cycles. The decline underscores the challenges smaller exploration plays face in sustaining momentum without clear catalysts to differentiate from volatile commodity trends.

As the market continues to reassess risk and liquidity conditions, the trajectory of Trilogy Metals Inc. will likely remain intertwined with macroeconomic trends and sector-specific dynamics.