Trilogy Metals Inc. (TMQ) Form 10-Q — Jul 8, 2026
Trilogy Metals reported a net loss of $6.3 million for the quarter ended May 31, 2026, significantly wider than the $2.2 million loss in the prior-year period. The company attributed the increased losses to a non-cash mark-to-market adjustment of $2.3 million on a derivative liability related to a proposed U.S. Department of War investment and higher share of losses from its Ambler Metals joint venture. Cash and cash equivalents decreased to $38.8 million from $51.6 million at the end of the prior fiscal year, driven by $10.5 million in funding contributions to Ambler Metals and corporate expenditures.
Key figures
- Cash Position
- 38838000
- Shares Outstanding
- 172745639
- Derivative Liability
- 34534000
- Investment In Ambler Metals
- 112086000
- Net Cash Provided By Financing
- 1440000
Price after filing
Close on the filing date to close N calendar days later (from $3.36). Historical, not a forecast.
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