Trilogy Metals Maintains Financial Discipline Amid Project Advancements

Trilogy Metals has recorded $3.8 million in expenditures for the first nine months of fiscal 2025, with a loss of $2.2 million attributable to the company. Ambler Metals, a joint venture between Trilogy and South32, spent slightly under its planned budget of $4 million. The company's disciplined capital approach allows it to manage expenditures and keep the Arctic and Bornite projects development ready. Trilogy is trading at a forward price-to-earnings ratio of negative 197.28X and carries a Zacks Rank #2 (Buy).