Trilogy Metals Shares Surge After White House Announces 10 Percent Stake

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Trilogy Metals Shares Surge After White House Announces 10 Percent Stake
Trilogy Metals Shares Surge After White House Announces 10 Percent Stake

President Donald Trump attends an event to sign an executive order authorizing the construction an access road to the Ambler mining district in Alaska, at the White House, in Washington, D.C., on Oct. 6, 2025. Kent Nishimura/Reuters

Shares of Trilogy Metals jumped sharply on Oct. 7 after the White House said it would buy a 10 percent stake in the Canadian mining company.

Trilogy’s U.S.-listed stock rose to $5.69 in premarket trading, giving the company a value of nearly $1 billion.

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