Trilogy Metals Inc. (TMQ) 10-Year Financial Performance & Capital Metrics

TMQ • • Industrial / General

Basic MaterialsIndustrial MaterialsBase & Industrial MetalsCopper & Zinc Producers

AboutTrilogy Metals Inc., a base metals exploration company, explores for and develops mineral properties in the United States. It principally holds interests in the Upper Kobuk mineral projects that include the Arctic, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite that contains carbonate-hosted copper - cobalt deposits covering an area of approximately 426,690 acres located in the Ambler mining district in Northwest Alaska. The company was formerly known as NovaCopper Inc. and changed its name to Trilogy Metals Inc. in September 2016. Trilogy Metals Inc. was founded in 2004 and is headquartered in Vancouver, Canada.Show more

Revenue $0
EBITDA -$7M +9.3%
Net Income -$8M +44.1%
EPS (Diluted) -0.05 +46.5%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -6.18% +41.5%
ROIC -4.04% -5.7%
Debt/Equity 0.00 +361.3%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 96 (top 4%)

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-32.92%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM7.54%

EPS CAGR

10Y-

5Y-

3Y-

TTM95.55%

ROCE

10Y Avg-36.72%

5Y Avg-36.01%

3Y Avg-4.76%

Latest-4.82%

Peer Comparison

Copper & Zinc Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NEXANexa Resources S.A.	1.58B	11.94	-7.70	7.51%	-0.57%	-1.29%	5.74%	1.75
XPLSolitario Zinc Corp.	66.36M	0.73	-11.01			-19.9%		0.00
NAKNorthern Dynasty Minerals Ltd.	1.12B	2.02	-30.06			-131.85%		0.04
WRNWestern Copper and Gold Corporation	682.95M	3.38	-91.85			-1.85%		0.00
TMQTrilogy Metals Inc.	968.2M	5.66	-108.43		-1151.79%	-7.14%		0.00

Profit & Loss

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Sales/Revenue+	4.48M	5.04M	15.1M	16.49M	16.49M	0	0	0	0	0
Revenue Growth %	0.78%	0.13%	2%	0.09%	0%	-1%	-	-	-	-
Cost of Goods Sold+	4.48M	5.04M	15.1M	16.49M	19.21M	1.54M	20.59K	16.4K	7.97K	3.89K
COGS % of Revenue	1%	1%	1%	1%	1.17%	-	-	-	-	-
Gross Profit+	0	0	0	0	-2.72M	-1.54M	-20.59K	-16.4K	-7.97K	-3.89K
Gross Margin %	-	-	-	-	-0.17%	-	-	-	-	-
Gross Profit Growth %	-	-	-	-	-	0.43%	0.99%	0.2%	0.51%	0.51%
Operating Expenses+	5.05M	3.68M	4.22M	5.46M	9.21M	10.56M	8.58M	6.94M	7.08M	6.51M
OpEx % of Revenue	1.13%	0.73%	0.28%	0.33%	0.56%	-	-	-	-	-
Selling, General & Admin	4.7M	3.6M	4.12M	5.3M	8.38M	10.47M	8.42M	6.88M	7.08M	2.14M
SG&A % of Revenue	1.05%	0.71%	0.27%	0.32%	0.51%	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	355K	79K	107K	160K	834K	91K	164K	64K	0	4.37M
Operating Income+	-9.51M	-4.8M	-21.05M	-21.5M	-28.44M	-187.82M	-8.54M	-6.96M	-7.08M	-6.52M
Operating Margin %	-2.12%	-0.95%	-1.39%	-1.3%	-1.72%	-	-	-	-	-
Operating Income Growth %	0.01%	0.5%	-3.38%	-0.02%	-0.32%	-5.6%	0.95%	0.19%	-0.02%	0.08%
EBITDA+	-9.15M	-4.72M	-20.94M	-21.35M	-28.23M	-187.54M	-8.52M	-6.94M	-7.18M	-6.51M
EBITDA Margin %	-2.04%	-0.94%	-1.39%	-1.29%	-1.71%	-	-	-	-	-
EBITDA Growth %	-0.03%	0.48%	-3.43%	-0.02%	-0.32%	-5.64%	0.95%	0.19%	-0.04%	0.09%
D&A (Non-Cash Add-back)	355K	78.03K	108.18K	155.41K	211.12K	283.23K	20.59K	16.4K	-99.21K	3.89K
EBIT	-9.02M	-8.61M	-21.34M	-21.22M	-27.92M	-11.57M	-7.98M	-6.85M	-7.09M	-8.35M
Net Interest Income+	0	0	0	0	0	0	0	0	0	0
Interest Income	24K	61K	59K	346K	500K	87K	16K	0	0	0
Interest Expense	24K	61K	59K	346K	0	0	0	0	0	0
Other Income/Expense	-1.05M	-171.24K	-2.46M	160.73K	-315K	173.25M	-13.7M	-17.3M	-7.8M	-1.84M
Pretax Income+	-9.53M	-8.71M	-21.1M	-21.85M	-27.91M	161.77M	-21.66M	-24.26M	-14.89M	-8.35M
Pretax Margin %	-2.13%	-1.73%	-1.4%	-1.32%	-1.69%	-	-	-	-	-
Income Tax+	24K	61K	59K	346K	-519K	0	0	24.26M	3	0
Effective Tax Rate %	1%	0.56%	1%	1%	0.98%	2.09%	1%	2%	1%	1%
Net Income+	-9.53M	-4.86M	-21.1M	-21.85M	-27.39M	337.57M	-21.68M	-48.51M	-14.95M	-8.35M
Net Margin %	-2.13%	-0.97%	-1.4%	-1.32%	-1.66%	-	-	-	-	-
Net Income Growth %	0.01%	0.49%	-3.34%	-0.04%	-0.25%	13.33%	-1.06%	-1.24%	0.69%	0.44%
Net Income (Continuing)	-9.13M	-8.61M	-21.1M	-21.85M	-27.92M	161.77M	-21.66M	-23.4M	-14.95M	-8.35M
Discontinued Operations	-398K	3.85M	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.12	-0.05	-0.20	-0.18	-0.20	2.33	-0.15	-0.33	-0.10	-0.05
EPS Growth %	0.29%	0.61%	-3.32%	0.1%	-0.11%	12.65%	-1.06%	-1.2%	0.7%	0.46%
EPS (Basic)	-0.12	-0.05	-0.20	-0.18	-0.20	2.39	-0.15	-0.33	-0.10	-0.05
Diluted Shares Outstanding	80.31M	105.1M	105.56M	121.78M	135.23M	144.6M	144.43M	145.72M	152.65M	159.83M
Basic Shares Outstanding	80.31M	105.1M	105.56M	121.78M	135.23M	141.46M	144.43M	145.72M	152.65M	159.83M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Total Current Assets+	16.89M	15.65M	9.21M	23.63M	20.16M	11.44M	6.61M	2.91M	2.88M	26.05M
Cash & Short-Term Investments	16.14M	14.88M	7.91M	22.99M	19.17M	11.13M	6.31M	2.57M	2.85M	25.83M
Cash Only	16.14M	7.34M	5.39M	22.99M	19.17M	11.13M	6.31M	2.57M	2.59M	25.83M
Short-Term Investments	0	7.54M	2.52M	0	0	0	0	0	259K	0
Accounts Receivable	39K	47K	470K	23K	264K	114K	19K	17K	33K	16K
Days Sales Outstanding	3.18	3.41	11.36	0.51	5.84	-	-	-	-	-
Inventory	0	0	0	0	0	0	-934	-494K	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	707K	0	837K	0	0	15K	0	0	0	0
Total Non-Current Assets+	34.3M	31.1M	31.07M	31.03M	31.46M	173.83M	160.69M	143.09M	135.14M	107.65M
Property, Plant & Equipment	34.3M	30.8M	31.07M	30.91M	31.35M	682K	630K	331K	117K	155K
Fixed Asset Turnover	0.13x	0.16x	0.49x	0.53x	0.53x	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	297K	0	114K	114K	173.15M	160.06M	142.75M	135.02M	107.39M
Other Non-Current Assets	0	0	0	0	0	0	0	0	0	106.74K
Total Assets+	51.18M	46.75M	40.28M	54.66M	51.62M	185.26M	167.31M	146M	138.02M	133.7M
Asset Turnover	0.09x	0.11x	0.37x	0.30x	0.32x	-	-	-	-	-
Asset Growth %	0.39%	-0.09%	-0.14%	0.36%	-0.06%	2.59%	-0.1%	-0.13%	-0.05%	-0.03%
Total Current Liabilities+	751K	593K	4.25M	1.66M	2.35M	1.05M	1.03M	534K	465K	793K
Accounts Payable	161K	160K	2.77M	408K	902K	226K	205K	188K	146K	196K
Days Payables Outstanding	13.13	11.59	66.88	9.03	17.14	53.39	3.63K	4.18K	6.69K	18.39K
Short-Term Debt	0	0	0	0	0	0	0	0	0	37K
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	481K	0	0	0	0	0	0	0	0	-37K
Current Ratio	22.48x	26.39x	2.17x	14.26x	8.56x	10.93x	6.41x	5.45x	6.20x	32.84x
Quick Ratio	22.48x	26.39x	2.17x	14.26x	8.56x	10.93x	6.41x	6.37x	6.20x	32.84x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	200K	160K	10.37M	20.8M	31M	408K	235K	33K	0	110K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	408K	235K	33K	0	110K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	10.37M	20.8M	31M	0	0	0	0	0
Total Liabilities	751K	593K	14.61M	22.46M	33.35M	1.45M	1.27M	567K	465K	903K
Total Debt+	0	0	0	0	0	566K	414K	222K	33K	147K
Net Debt	-16.14M	-7.34M	-5.39M	-22.99M	-19.17M	-10.56M	-5.89M	-2.35M	-2.56M	-25.69M
Debt / Equity	-	-	-	-	-	0.00x	0.00x	0.00x	0.00x	0.00x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-396.17x	-78.70x	-356.69x	-62.15x	-	-	-	-	-	-
Total Equity+	50.43M	46.15M	25.66M	32.2M	18.26M	183.81M	166.04M	145.43M	137.56M	132.79M
Equity Growth %	0.41%	-0.08%	-0.44%	0.25%	-0.43%	9.06%	-0.1%	-0.12%	-0.05%	-0.03%
Book Value per Share	0.63	0.44	0.24	0.26	0.14	1.27	1.15	1.00	0.90	0.83
Total Shareholders' Equity	50.43M	46.15M	25.66M	32.2M	18.26M	183.81M	166.04M	145.43M	137.56M	132.79M
Common Stock	136.04M	136.36M	136.53M	164.07M	177.97M	179.75M	180.82M	182.18M	187.89M	190.5M
Retained Earnings	-106.9M	-111.76M	-132.87M	-154.81M	-182.71M	-20.95M	-42.6M	-66.86M	-81.81M	-90.31M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-3.24M	-3.27M	-3.34M	-3.47M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Cash from Operations+	-8.44M	-8.69M	-15.41M	-22.07M	-23.49M	-8.25M	-5.12M	-3.94M	-3.09M	-1.83M
Operating CF Margin %	-1.88%	-1.73%	-1.02%	-1.34%	-1.42%	-	-	-	-	-
Operating CF Growth %	0.02%	-0.03%	-0.77%	-0.43%	-0.06%	0.65%	0.38%	0.23%	0.21%	0.41%
Net Income	-9.53M	-4.86M	-21.1M	-21.85M	-27.91M	161.77M	-21.66M	-24.26M	-14.95M	-8.35M
Depreciation & Amortization	355K	174K	107K	160K	211K	273K	21K	17K	8K	3.89K
Stock-Based Compensation	831K	615K	705K	1.44M	3.85M	3.56M	3.47M	3.43M	3.89M	3.52M
Deferred Taxes	0	0	0	0	0	-172.87M	13.09M	0	0	0
Other Non-Cash Items	786.74K	-4.41M	1.84M	219K	1K	-189K	-15K	17.45M	7.96M	2.6M
Working Capital Changes	-89K	-210K	3.04M	-2.04M	356K	-796K	-27K	-568K	4K	405K
Change in Receivables	156K	-8K	-423K	447K	-241K	135K	110K	2K	6.97K	17K
Change in Inventory	0	0	0	0	-697.39K	1.52M	35.3K	488.2K	0	0
Change in Payables	-205.44K	0	3.62M	-2.52M	697.39K	-1.52M	-35.3K	-488.2K	0	0
Cash from Investing+	19.36M	-78K	13.54M	12.72M	9.55M	0	-119K	142K	0	25M
Capital Expenditures	-48K	-122K	-300K	-7K	-645K	0	-119K	0	2	0
CapEx % of Revenue	0.01%	0.02%	0.02%	0%	0.04%	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	7K	44K	10.37M	10.44M	-5.78K	0	-116.69K	5K	0	0
Cash from Financing+	142K	-29K	-90K	26.95M	10.12M	217K	416K	54K	3.12M	71.98K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	142K	-29K	-90K	-1.8M	10.12M	217K	416K	54K	13.29K	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-8.48M	-8.81M	-15.71M	-22.08M	-24.14M	-8.25M	-5.24M	-3.94M	-3.09M	-1.83M
FCF Margin %	-1.9%	-1.75%	-1.04%	-1.34%	-1.46%	-	-	-	-	-
FCF Growth %	0.02%	-0.04%	-0.78%	-0.41%	-0.09%	0.66%	0.37%	0.25%	0.21%	0.41%
FCF per Share	-0.11	-0.08	-0.15	-0.18	-0.18	-0.06	-0.04	-0.03	-0.02	-0.01
FCF Conversion (FCF/Net Income)	0.88x	1.79x	0.73x	1.01x	0.86x	-0.02x	0.24x	0.08x	0.21x	0.22x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-22.1%	-10.07%	-58.77%	-75.51%	-108.53%	334.1%	-12.39%	-31.15%	-10.57%	-6.18%
Return on Invested Capital (ROIC)	-21.92%	-9.85%	-53.42%	-109.39%	-514.03%	-163.47%	-3.84%	-3.44%	-3.82%	-4.04%
Gross Margin	-	-	-	-	-16.5%	-	-	-	-	-
Net Margin	-212.96%	-96.53%	-139.76%	-132.5%	-166.08%	-	-	-	-	-
Debt / Equity	-	-	-	-	-	0.00x	0.00x	0.00x	0.00x	0.00x
Interest Coverage	-396.17x	-78.70x	-356.69x	-62.15x	-	-	-	-	-	-
FCF Conversion	0.88x	1.79x	0.73x	1.01x	0.86x	-0.02x	0.24x	0.08x	0.21x	0.22x
Revenue Growth	78.18%	12.53%	199.78%	9.21%	0%	-100%	-	-	-	-

Frequently Asked Questions

Growth & Financials

Trilogy Metals Inc. (TMQ) reported $0.0M in revenue for fiscal year 2024.

Trilogy Metals Inc. (TMQ) grew revenue by 0.0% over the past year. Growth has been modest.

Trilogy Metals Inc. (TMQ) reported a net loss of $9.2M for fiscal year 2024.

Dividend & Returns

Trilogy Metals Inc. (TMQ) has a return on equity (ROE) of -6.2%. Negative ROE indicates the company is unprofitable.

Trilogy Metals Inc. (TMQ) had negative free cash flow of $2.7M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Trilogy Metals Inc. (TMQ) 10-Year Financial Performance & Capital Metrics

TMQ • • Industrial / General

Basic MaterialsIndustrial MaterialsBase & Industrial MetalsCopper & Zinc Producers

Revenue $0
EBITDA -$7M +9.3%
Net Income -$8M +44.1%
EPS (Diluted) -0.05 +46.5%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -6.18% +41.5%
ROIC -4.04% -5.7%
Debt/Equity 0.00 +361.3%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 96 (top 4%)

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-32.92%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM7.54%

EPS CAGR

10Y-

5Y-

3Y-

TTM95.55%

ROCE

10Y Avg-36.72%

5Y Avg-36.01%

3Y Avg-4.76%

Latest-4.82%

Peer Comparison

Copper & Zinc Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NEXANexa Resources S.A.	1.58B	11.94	-7.70	7.51%	-0.57%	-1.29%	5.74%	1.75
XPLSolitario Zinc Corp.	66.36M	0.73	-11.01			-19.9%		0.00
NAKNorthern Dynasty Minerals Ltd.	1.12B	2.02	-30.06			-131.85%		0.04
WRNWestern Copper and Gold Corporation	682.95M	3.38	-91.85			-1.85%		0.00
TMQTrilogy Metals Inc.	968.2M	5.66	-108.43		-1151.79%	-7.14%		0.00

Profit & Loss

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Sales/Revenue+	4.48M	5.04M	15.1M	16.49M	16.49M	0	0	0	0	0
Revenue Growth %	0.78%	0.13%	2%	0.09%	0%	-1%	-	-	-	-
Cost of Goods Sold+	4.48M	5.04M	15.1M	16.49M	19.21M	1.54M	20.59K	16.4K	7.97K	3.89K
COGS % of Revenue	1%	1%	1%	1%	1.17%	-	-	-	-	-
Gross Profit+	0	0	0	0	-2.72M	-1.54M	-20.59K	-16.4K	-7.97K	-3.89K
Gross Margin %	-	-	-	-	-0.17%	-	-	-	-	-
Gross Profit Growth %	-	-	-	-	-	0.43%	0.99%	0.2%	0.51%	0.51%
Operating Expenses+	5.05M	3.68M	4.22M	5.46M	9.21M	10.56M	8.58M	6.94M	7.08M	6.51M
OpEx % of Revenue	1.13%	0.73%	0.28%	0.33%	0.56%	-	-	-	-	-
Selling, General & Admin	4.7M	3.6M	4.12M	5.3M	8.38M	10.47M	8.42M	6.88M	7.08M	2.14M
SG&A % of Revenue	1.05%	0.71%	0.27%	0.32%	0.51%	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	355K	79K	107K	160K	834K	91K	164K	64K	0	4.37M
Operating Income+	-9.51M	-4.8M	-21.05M	-21.5M	-28.44M	-187.82M	-8.54M	-6.96M	-7.08M	-6.52M
Operating Margin %	-2.12%	-0.95%	-1.39%	-1.3%	-1.72%	-	-	-	-	-
Operating Income Growth %	0.01%	0.5%	-3.38%	-0.02%	-0.32%	-5.6%	0.95%	0.19%	-0.02%	0.08%
EBITDA+	-9.15M	-4.72M	-20.94M	-21.35M	-28.23M	-187.54M	-8.52M	-6.94M	-7.18M	-6.51M
EBITDA Margin %	-2.04%	-0.94%	-1.39%	-1.29%	-1.71%	-	-	-	-	-
EBITDA Growth %	-0.03%	0.48%	-3.43%	-0.02%	-0.32%	-5.64%	0.95%	0.19%	-0.04%	0.09%
D&A (Non-Cash Add-back)	355K	78.03K	108.18K	155.41K	211.12K	283.23K	20.59K	16.4K	-99.21K	3.89K
EBIT	-9.02M	-8.61M	-21.34M	-21.22M	-27.92M	-11.57M	-7.98M	-6.85M	-7.09M	-8.35M
Net Interest Income+	0	0	0	0	0	0	0	0	0	0
Interest Income	24K	61K	59K	346K	500K	87K	16K	0	0	0
Interest Expense	24K	61K	59K	346K	0	0	0	0	0	0
Other Income/Expense	-1.05M	-171.24K	-2.46M	160.73K	-315K	173.25M	-13.7M	-17.3M	-7.8M	-1.84M
Pretax Income+	-9.53M	-8.71M	-21.1M	-21.85M	-27.91M	161.77M	-21.66M	-24.26M	-14.89M	-8.35M
Pretax Margin %	-2.13%	-1.73%	-1.4%	-1.32%	-1.69%	-	-	-	-	-
Income Tax+	24K	61K	59K	346K	-519K	0	0	24.26M	3	0
Effective Tax Rate %	1%	0.56%	1%	1%	0.98%	2.09%	1%	2%	1%	1%
Net Income+	-9.53M	-4.86M	-21.1M	-21.85M	-27.39M	337.57M	-21.68M	-48.51M	-14.95M	-8.35M
Net Margin %	-2.13%	-0.97%	-1.4%	-1.32%	-1.66%	-	-	-	-	-
Net Income Growth %	0.01%	0.49%	-3.34%	-0.04%	-0.25%	13.33%	-1.06%	-1.24%	0.69%	0.44%
Net Income (Continuing)	-9.13M	-8.61M	-21.1M	-21.85M	-27.92M	161.77M	-21.66M	-23.4M	-14.95M	-8.35M
Discontinued Operations	-398K	3.85M	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.12	-0.05	-0.20	-0.18	-0.20	2.33	-0.15	-0.33	-0.10	-0.05
EPS Growth %	0.29%	0.61%	-3.32%	0.1%	-0.11%	12.65%	-1.06%	-1.2%	0.7%	0.46%
EPS (Basic)	-0.12	-0.05	-0.20	-0.18	-0.20	2.39	-0.15	-0.33	-0.10	-0.05
Diluted Shares Outstanding	80.31M	105.1M	105.56M	121.78M	135.23M	144.6M	144.43M	145.72M	152.65M	159.83M
Basic Shares Outstanding	80.31M	105.1M	105.56M	121.78M	135.23M	141.46M	144.43M	145.72M	152.65M	159.83M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Total Current Assets+	16.89M	15.65M	9.21M	23.63M	20.16M	11.44M	6.61M	2.91M	2.88M	26.05M
Cash & Short-Term Investments	16.14M	14.88M	7.91M	22.99M	19.17M	11.13M	6.31M	2.57M	2.85M	25.83M
Cash Only	16.14M	7.34M	5.39M	22.99M	19.17M	11.13M	6.31M	2.57M	2.59M	25.83M
Short-Term Investments	0	7.54M	2.52M	0	0	0	0	0	259K	0
Accounts Receivable	39K	47K	470K	23K	264K	114K	19K	17K	33K	16K
Days Sales Outstanding	3.18	3.41	11.36	0.51	5.84	-	-	-	-	-
Inventory	0	0	0	0	0	0	-934	-494K	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	707K	0	837K	0	0	15K	0	0	0	0
Total Non-Current Assets+	34.3M	31.1M	31.07M	31.03M	31.46M	173.83M	160.69M	143.09M	135.14M	107.65M
Property, Plant & Equipment	34.3M	30.8M	31.07M	30.91M	31.35M	682K	630K	331K	117K	155K
Fixed Asset Turnover	0.13x	0.16x	0.49x	0.53x	0.53x	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	297K	0	114K	114K	173.15M	160.06M	142.75M	135.02M	107.39M
Other Non-Current Assets	0	0	0	0	0	0	0	0	0	106.74K
Total Assets+	51.18M	46.75M	40.28M	54.66M	51.62M	185.26M	167.31M	146M	138.02M	133.7M
Asset Turnover	0.09x	0.11x	0.37x	0.30x	0.32x	-	-	-	-	-
Asset Growth %	0.39%	-0.09%	-0.14%	0.36%	-0.06%	2.59%	-0.1%	-0.13%	-0.05%	-0.03%
Total Current Liabilities+	751K	593K	4.25M	1.66M	2.35M	1.05M	1.03M	534K	465K	793K
Accounts Payable	161K	160K	2.77M	408K	902K	226K	205K	188K	146K	196K
Days Payables Outstanding	13.13	11.59	66.88	9.03	17.14	53.39	3.63K	4.18K	6.69K	18.39K
Short-Term Debt	0	0	0	0	0	0	0	0	0	37K
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	481K	0	0	0	0	0	0	0	0	-37K
Current Ratio	22.48x	26.39x	2.17x	14.26x	8.56x	10.93x	6.41x	5.45x	6.20x	32.84x
Quick Ratio	22.48x	26.39x	2.17x	14.26x	8.56x	10.93x	6.41x	6.37x	6.20x	32.84x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	200K	160K	10.37M	20.8M	31M	408K	235K	33K	0	110K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	408K	235K	33K	0	110K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	10.37M	20.8M	31M	0	0	0	0	0
Total Liabilities	751K	593K	14.61M	22.46M	33.35M	1.45M	1.27M	567K	465K	903K
Total Debt+	0	0	0	0	0	566K	414K	222K	33K	147K
Net Debt	-16.14M	-7.34M	-5.39M	-22.99M	-19.17M	-10.56M	-5.89M	-2.35M	-2.56M	-25.69M
Debt / Equity	-	-	-	-	-	0.00x	0.00x	0.00x	0.00x	0.00x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-396.17x	-78.70x	-356.69x	-62.15x	-	-	-	-	-	-
Total Equity+	50.43M	46.15M	25.66M	32.2M	18.26M	183.81M	166.04M	145.43M	137.56M	132.79M
Equity Growth %	0.41%	-0.08%	-0.44%	0.25%	-0.43%	9.06%	-0.1%	-0.12%	-0.05%	-0.03%
Book Value per Share	0.63	0.44	0.24	0.26	0.14	1.27	1.15	1.00	0.90	0.83
Total Shareholders' Equity	50.43M	46.15M	25.66M	32.2M	18.26M	183.81M	166.04M	145.43M	137.56M	132.79M
Common Stock	136.04M	136.36M	136.53M	164.07M	177.97M	179.75M	180.82M	182.18M	187.89M	190.5M
Retained Earnings	-106.9M	-111.76M	-132.87M	-154.81M	-182.71M	-20.95M	-42.6M	-66.86M	-81.81M	-90.31M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-3.24M	-3.27M	-3.34M	-3.47M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Nov 2015	Nov 2016	Nov 2017	Nov 2018	Nov 2019	Nov 2020	Nov 2021	Nov 2022	Nov 2023	Nov 2024
Cash from Operations+	-8.44M	-8.69M	-15.41M	-22.07M	-23.49M	-8.25M	-5.12M	-3.94M	-3.09M	-1.83M
Operating CF Margin %	-1.88%	-1.73%	-1.02%	-1.34%	-1.42%	-	-	-	-	-
Operating CF Growth %	0.02%	-0.03%	-0.77%	-0.43%	-0.06%	0.65%	0.38%	0.23%	0.21%	0.41%
Net Income	-9.53M	-4.86M	-21.1M	-21.85M	-27.91M	161.77M	-21.66M	-24.26M	-14.95M	-8.35M
Depreciation & Amortization	355K	174K	107K	160K	211K	273K	21K	17K	8K	3.89K
Stock-Based Compensation	831K	615K	705K	1.44M	3.85M	3.56M	3.47M	3.43M	3.89M	3.52M
Deferred Taxes	0	0	0	0	0	-172.87M	13.09M	0	0	0
Other Non-Cash Items	786.74K	-4.41M	1.84M	219K	1K	-189K	-15K	17.45M	7.96M	2.6M
Working Capital Changes	-89K	-210K	3.04M	-2.04M	356K	-796K	-27K	-568K	4K	405K
Change in Receivables	156K	-8K	-423K	447K	-241K	135K	110K	2K	6.97K	17K
Change in Inventory	0	0	0	0	-697.39K	1.52M	35.3K	488.2K	0	0
Change in Payables	-205.44K	0	3.62M	-2.52M	697.39K	-1.52M	-35.3K	-488.2K	0	0
Cash from Investing+	19.36M	-78K	13.54M	12.72M	9.55M	0	-119K	142K	0	25M
Capital Expenditures	-48K	-122K	-300K	-7K	-645K	0	-119K	0	2	0
CapEx % of Revenue	0.01%	0.02%	0.02%	0%	0.04%	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	7K	44K	10.37M	10.44M	-5.78K	0	-116.69K	5K	0	0
Cash from Financing+	142K	-29K	-90K	26.95M	10.12M	217K	416K	54K	3.12M	71.98K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	142K	-29K	-90K	-1.8M	10.12M	217K	416K	54K	13.29K	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-8.48M	-8.81M	-15.71M	-22.08M	-24.14M	-8.25M	-5.24M	-3.94M	-3.09M	-1.83M
FCF Margin %	-1.9%	-1.75%	-1.04%	-1.34%	-1.46%	-	-	-	-	-
FCF Growth %	0.02%	-0.04%	-0.78%	-0.41%	-0.09%	0.66%	0.37%	0.25%	0.21%	0.41%
FCF per Share	-0.11	-0.08	-0.15	-0.18	-0.18	-0.06	-0.04	-0.03	-0.02	-0.01
FCF Conversion (FCF/Net Income)	0.88x	1.79x	0.73x	1.01x	0.86x	-0.02x	0.24x	0.08x	0.21x	0.22x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-22.1%	-10.07%	-58.77%	-75.51%	-108.53%	334.1%	-12.39%	-31.15%	-10.57%	-6.18%
Return on Invested Capital (ROIC)	-21.92%	-9.85%	-53.42%	-109.39%	-514.03%	-163.47%	-3.84%	-3.44%	-3.82%	-4.04%
Gross Margin	-	-	-	-	-16.5%	-	-	-	-	-
Net Margin	-212.96%	-96.53%	-139.76%	-132.5%	-166.08%	-	-	-	-	-
Debt / Equity	-	-	-	-	-	0.00x	0.00x	0.00x	0.00x	0.00x
Interest Coverage	-396.17x	-78.70x	-356.69x	-62.15x	-	-	-	-	-	-
FCF Conversion	0.88x	1.79x	0.73x	1.01x	0.86x	-0.02x	0.24x	0.08x	0.21x	0.22x
Revenue Growth	78.18%	12.53%	199.78%	9.21%	0%	-100%	-	-	-	-

Frequently Asked Questions

Growth & Financials

Trilogy Metals Inc. (TMQ) reported $0.0M in revenue for fiscal year 2024.

Trilogy Metals Inc. (TMQ) grew revenue by 0.0% over the past year. Growth has been modest.

Trilogy Metals Inc. (TMQ) reported a net loss of $9.2M for fiscal year 2024.

Dividend & Returns

Trilogy Metals Inc. (TMQ) has a return on equity (ROE) of -6.2%. Negative ROE indicates the company is unprofitable.

Trilogy Metals Inc. (TMQ) had negative free cash flow of $2.7M in fiscal year 2024, likely due to heavy capital investments.