Security
TMQ · Trilogy Metals Inc.
TMQNYSE_AMERICANCommon stockCurrentCIK 1543418Updated Sep 27, 2026
Name history
NovaCopper Inc. · through Sep 8, 2016
TMQ price & chart
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AMEX:TMQ on TradingView ↗About the company
Trilogy Metals Inc. is a metal exploration and development company holding a 50 percent interest in Ambler Metals LLC, which has a 100 percent interest in the Upper Kobuk Mineral Projects ("UKMP") in northwestern Alaska. On December 19, 2019, South32 Limited, a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy Metals. The UKMP is located within the Ambler Mining District which is one of the richest and most prospective known copper-dominant districts in the world. It hosts polymetallic volcanogenic massive sulfide ("VMS") deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler Mining District - the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within a land package that spans approximately 190,929 hectares. Ambler Metals has an agreement with NANA Regional Corporation, Inc., an Alaska Native Corporation, that provides a framework for the exploration and potential development of the Ambler Mining Di…
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Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Regulation FD Disclosure · Other Events
Items 1.01, 3.02, 7.01, 8.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
4 filing
SCHEDULE 13G/A filing
Show 5 more recent filings
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Regulation FD Disclosure · Other Events
Items 1.01, 3.02, 7.01, 8.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Financials
FY 2025 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 157,304,000Source | 133,697,000Source | 138,020,000Source | 145,995,000Source |
| Property, Plant and Equipment, NetUSD | — | — | 4,000Source | 12,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 51,613,000Source | 25,834,000Source | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 118,000Source | 16,000Source | 33,000Source | 17,000Source |
| Assets, CurrentUSD | 51,924,000Source | 26,045,000Source | 2,882,000Source | 2,910,000Source |
| Operating Lease, Right-of-Use AssetUSD | 117,000Source | 155,000Source | 113,000Source | 319,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 33,183,000Source | 903,000Source | 465,000Source | 567,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 225,241,000Source | 190,503,000Source | 187,886,000Source | 182,178,000Source |
| Additional Paid in CapitalUSD | 27,294,000Source | 28,801,000Source | 28,237,000Source | 27,352,000Source |
| Retained Earnings (Accumulated Deficit)USD | -132,641,000Source | -90,400,000Source | -81,813,000Source | -66,862,000Source |
| Stockholders' Equity Attributable to ParentUSD | 124,121,000Source | 132,794,000Source | 137,555,000Source | 145,428,000Source |
| Liabilities and EquityUSD | 157,304,000Source | 133,697,000Source | 138,020,000Source | 145,995,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 33,113,000Source | 793,000Source | 465,000Source | 534,000Source |
| Operating Lease, Liability, CurrentUSD | 41,000Source | 37,000Source | 33,000Source | 189,000Source |
| Operating Lease, Liability, NoncurrentUSD | 70,000Source | 110,000Source | — | 33,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 311,000Source | 62,000Source | 54,000Source | 36,000Source |
| Deferred Tax Liabilities, NetUSD | 27,354,000Source | 27,470,000Source | 27,260,000Source | 26,343,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | -3,336,000Source | -3,520,000Source | -3,753,000Source | -3,427,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -8,000Source | -17,000Source | -7,000Source | -2,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -3,248,000Source | -1,828,000Source | -3,093,000Source | -3,935,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,000,000Source | 25,000,000Source | — | 142,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 30,010,000Source | 74,000Source | 3,115,000Source | 54,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 51,613,000Source | 25,834,000Source | 2,590,000Source | 2,573,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 17,000Source | -2,000Source | -5,000Source | 4,000Source |
| Additional Financial Items | ||||
| AmortizationUSD | — | 4,000Source | 8,000Source | 17,000Source |
| Share-based Payment Arrangement, ExpenseUSD | 3,336,000Source | 3,520,000Source | 3,887,000Source | 3,427,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 17,000Source | 1,000Source | -5,000Source | 18,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 17,000Source | 2,000Source | -5,000Source | 18,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -22,585,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | — | 84,000Source |
| General and Administrative ExpenseUSD | 1,330,000Source | 1,218,000Source | 1,328,000Source | 1,287,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -11,392,000Source | -2,636,000Source | -7,844,000Source | -17,360,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -42,241,000Source | -8,587,000Source | -14,951,000Source | -24,257,000Source |
| Operating ExpensesUSD | — | — | — | 6,925,000Source |
| Proceeds from Issuance of Common StockUSD | 25,000,000Source | — | — | — |
| Proceeds from Stock Options ExercisedUSD | 5,685,000Source | 74,000Source | — | 54,295Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -42,241,000Source | -8,587,000Source | -14,951,000Source | -24,257,000Source |
| Earnings Per Share, BasicUSD per share | -0.26Source | -0.05Source | -0.1Source | -0.17Source |
| Earnings Per Share, DilutedUSD per share | -0.26Source | -0.05Source | -0.1Source | -0.17Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 164,817,519Source | 159,829,344Source | 152,647,254Source | 145,721,736Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 164,817,519Source | 159,829,344Source | 152,647,254Source | 145,721,736Source |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 9,422,000Source | 6,699,000Source | 7,227,000Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | 4,000Source | 8,000Source | 17,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 17,000Source | 1,000Source | -5,000Source | 18,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -22,585,000Source | — | — | — |
| General and Administrative ExpenseUSD | 1,330,000Source | 1,218,000Source | 1,328,000Source | 1,287,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -11,392,000Source | -2,636,000Source | -7,844,000Source | -17,360,000Source |
| Interest and Other IncomeUSD | 1,158,000Source | 685,000Source | 120,000Source | 34,000Source |
| Operating ExpensesUSD | — | — | — | 6,925,000Source |
Filing attachments
ex991.htm · 8-K · 2026-09-21
Exhibit 99.1 Trilogy Metals Announces Publication of Notice of Intent by U.S. Army Corps of Engineers for Alaska's High-Grade Arctic Copper-Zinc-Lead-Gold-Silver Project VANCOUVER, BC, Sept. 21, 2026 /CNW/ -- Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced today that the U.S. Army Corps of Engineers ("USACE") has published a Notice of Intent ("NOI") to prepare an Environmental Impact Statement ("EIS") for the Company's flagship Arcti…
Read attachment ↗tm2624736d1_ex99-1.htm · 8-K · 2026-09-14
EX-99.1 7 tm2624736d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 NYSE American / TSX Symbol: TMQ News Release Trilogy Metals Closes US$35.6 Million Strategic Equity Investment by the U.S. Department of War U.S. Government Becomes an Approximately 10% Shareholder of Trilogy Metals, Advancing Domestic Copper Supply from Alaska’s Ambler Mining District September 11, 2026 - Vancouver, British Columbia - Trilogy Metals Inc. (NYSE American / TSX: TMQ) (“Trilogy Metals”, “Trilogy” or the “Company”)…
Read attachment ↗ex991.htm · 8-K · 2026-09-10
EX-99.1 2 ex991.htm NEWS RELEASE DATED SEPTEMBER 9, 2026 Exhibit 99.1 Trilogy Metals Achieves TSX30 Ranking as Top Performer on the Toronto Stock Exchange NYSE American / TSX Symbol: TMQ VANCOUVER, BC, Sept. 9, 2026 /CNW/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced that it has been named to the 2026 TSX30, an annual ranking of the top-performing companies on the Toronto Stock Exchange over a three-year period, based on div…
Read attachment ↗ex991.htm · 8-K · 2026-08-31
EX-99.1 2 ex991.htm NEWS RELEASE DATED AUGUST 28, 2026 Exhibit 99.1 Trilogy Metals Announces Execution of Definitive Agreements for Strategic Equity Investment by the U.S. Department of War NYSE American / TSX Symbol: TMQ VANCOUVER, BC, Aug. 28, 2026 /CNW/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced today that it has executed definitive agreements with the U.S. Department of War (the "DOW" or "U.S. Government") in connecti…
Read attachment ↗ex991.htm · 8-K · 2026-08-04
EX-99.1 2 ex991.htm NEWS RELEASE DATED AUGUST 3, 2026 Exhibit 99.1 Trilogy Metals Provides an Update on the Strategic Equity Investment by the U.S. Department of War VANCOUVER, BC, Aug. 3, 2026 /CNW/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") is pleased to provide an update on the previously announced strategic equity investment by the U.S. Department of War (the "DOW") of approximately US$35.6 million to advance exploration and dev…
Read attachment ↗ex991.htm · 8-K · 2026-07-16
EX-99.1 2 ex991.htm NEWS RELEASE DATED JULY 16, 2026 Exhibit 99.1 Trilogy Metals Announces Publication of Federal and State Permitting Schedule for Arctic Project, Establishing Defined Timeline Toward a Record of Decision by September 2028 VANCOUVER, BC, July 16, 2026 /CNW/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced today that a coordinated federal and state permitting schedule for its flagship Arctic Project in northweste…
Read attachment ↗