Trilogy Metals reports Q2 net loss of $2.2M, cash at $24.6M

Trilogy Metals Inc.

2025-Q2 EPS reported -$0.04 vs consensus -$0.01 ▼ miss (-296.0%)

Net loss of $2.2M for Q2 ended May 31, 2025 vs $1.8M a year ago; $0.01 loss per share.
Cash and cash equivalents $24.6M; working capital $23.8M as of May 31, 2025.
Six-month net loss $5.8M vs $5.4M; higher legal/regulatory fees and salaries drove increase.
Base Shelf Prospectus filed for up to US$50M; ATM program for up to US$25M not yet utilized.
Annual general meeting held May 13, 2025; all directors re-elected with >94% votes.

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