Trilogy Metals (TMQ) reported net income of $0.2 million for the three months ended August 31, 2026, compared with a net loss of $1.7 million a year earlier. The company reported cash and cash equivalents of $31.2 million at quarter-end.
Subsequent to quarter-end, Trilogy completed a strategic equity investment from the United States Department of War, receiving approximately $17.8 million in gross proceeds designated for an additional capital contribution to Ambler Metals.
- Comprehensive income was $244,000 in the fiscal third quarter, versus a comprehensive loss of $1.747 million in the prior-year quarter.
- For the nine months ended August 31, net loss was $13.2 million, compared with a $7.5 million net loss in the same period of 2025.
- Trilogy's adjusted working capital was $30.3 million as of August 31, 2026.
- The company issued 8,215,570 units to the Department of War at $2.17 per unit in the September 11 closing.
- The Arctic Project permitting schedule targets a Record of Decision in September 2028.
$TMQ Insider Trading Activity
$TMQ insiders have traded $TMQ stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $TMQ stock by insiders over the last 6 months:
- LTD SOUTH32 sold 8,215,570 shares for an estimated $17,827,786
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$TMQ Hedge Fund Activity
We have seen 75 institutional investors add shares of $TMQ stock to their portfolio, and 46 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TIDAL INVESTMENTS LLC removed 1,536,918 shares (-15.5%) from their portfolio in Q2 2026, for an estimated $5,394,582
- OLD WEST INVESTMENT MANAGEMENT, LLC added 1,390,945 shares (+29.6%) to their portfolio in Q2 2026, for an estimated $4,882,216
- WALLEYE CAPITAL LLC removed 945,678 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $3,319,329
- JANE STREET GROUP, LLC removed 905,120 shares (-92.2%) from their portfolio in Q2 2026, for an estimated $3,176,971
- ALPS ADVISORS INC added 799,432 shares (+118.5%) to their portfolio in Q2 2026, for an estimated $2,806,006
- POINT72 ASSET MANAGEMENT, L.P. added 534,793 shares (+155.9%) to their portfolio in Q2 2026, for an estimated $1,877,123
- MORGAN STANLEY added 477,063 shares (+103.9%) to their portfolio in Q2 2026, for an estimated $1,674,491
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.