Trilogy Metals FY26 Q2 net loss widens to $6.35 million; six-month loss widens to $13.41 million

Trilogy Metals Inc.

Trilogy Metals Inc.

TMQ

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  • Trilogy Metals posted a net loss of US$6.35 million, widening from US$2.18 million a year earlier; loss per share deepened to US$0.04 from US$0.01.
  • Six-month net loss widened to US$13.41 million from US$5.8 million; loss per share was US$0.08 versus US$0.04.
  • Loss on derivatives turned on at US$2.28 million for the quarter, rising to US$3.79 million for the six months; share of loss on equity investment climbed to US$2.33 million.
  • Cash and cash equivalents totaled US$38.8 million, with adjusted working capital of US$38.3 million at May 31, 2026.
  • Ambler Metals began Arctic Project permitting, joined the U.S. FAST-41 program; 2026 summer field program started with drilling expected mid-June.


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