06:51 AM EDT, 04/02/2025 (MT Newswires) -- Trilogy Metals ( TMQ ) on Wednesday reported that its comprehensive loss for the fiscal first quarter remained unchanged.

Comprehensive loss was US$3.6 million, or a loss of US$0.02 per share, holding steady compared with the previous year.

The company has a 2025 fiscal year cash budget of $3.1 million.

As the end of February, Trilogy had $25.2 million in cash and cash equivalents and working capital of $24.6 million. There is sufficient cash on hand to fund the approved fiscal 2025 budget, the company said.

Trilogy's share price at last look lost 1.9% to US$1.56 in U.S. pre-market trading.