Trilogy Metals Inc. (AMEX:TMQ) the company operating from Vancouver, communicated third quarter financial results before market open today.
The company TMQ unveiled loss for the third quarter of $ 12.54 million or $ 0.09 per share, compared to loss of $ 9.92 million or $ 0.08 per share, in the same quarter last year.
The press release noted that the variance was primarily due to an increase in mineral properties expense due to the size, scope and timing of the field program versus the comparative three month period.
Trilogy Metals Inc. is a metals exploration company focused on exploring and developing the Ambler mining district located in northwestern Alaska. It is one of the richest and most-prospective known copper-dominant districts located in one of the safest geopolitical jurisdictions in the world.