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Raymond James Upgrades Trilogy Metals Following Arctic Copper Project Progress

April 6, 2026 at 06:59 PMBy AlphaScalaSource: seekingalpha.com
Raymond James Upgrades Trilogy Metals Following Arctic Copper Project Progress

Raymond James has upgraded Trilogy Metals to Outperform, citing the strategic value of the company’s Arctic copper project in Alaska.

Raymond James has upgraded Trilogy Metals (NYSE: TMQ) to an Outperform rating. The firm’s decision is primarily driven by the company’s significant exposure to copper through its flagship Arctic project located in Alaska. The project remains a central focus for the company, and the upgrade reflects confidence in the asset's potential value within the current metals market.