10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001279569-18-001487 |
| Period End Date | 20180531 |
| Filing Date | 20180716 |
| Fiscal Year | 2018 |
| Fiscal Period | Q2 |
| XBRL Instance | tmq-20180531.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common Stock, No Par Value |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Common Stock, No Par Value |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.39M | USD | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
131.35M | shares | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
105.68M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$37.47M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$29.00K | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$470.00K | USD | Point-in-time |
| Deposits and prepaid amounts |
PrepaidExpenseCurrent
|
$904.00K | USD | Point-in-time |
| Deposits and prepaid amounts |
PrepaidExpenseCurrent
|
$837.00K | USD | Point-in-time |
| Investments (note 3) |
ShortTermInvestments
|
$2.52M | USD | Point-in-time |
| Investments (note 3) |
ShortTermInvestments
|
$229.00K | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$9.21M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$38.63M | USD | Point-in-time |
| Plant and Equipment (note 4) |
PropertyPlantAndEquipmentNet
|
$478.00K | USD | Point-in-time |
| Plant and Equipment (note 4) |
PropertyPlantAndEquipmentNet
|
$408.00K | USD | Point-in-time |
| Mineral properties and development costs (note 5) |
MineralPropertiesNet
|
$30.59M | USD | Point-in-time |
| Mineral properties and development costs (note 5) |
MineralPropertiesNet
|
$30.59M | USD | Point-in-time |
| Total Assets |
Assets
|
$40.28M | USD | Point-in-time |
| Total Assets |
Assets
|
$69.63M | USD | Point-in-time |
| Accounts payable and accrued liabilities (note 6) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.57M | USD | Point-in-time |
| Accounts payable and accrued liabilities (note 6) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$4.25M | USD | Point-in-time |
| Current liabilities |
LiabilitiesCurrent
|
$2.57M | USD | Point-in-time |
| Current liabilities |
LiabilitiesCurrent
|
$4.25M | USD | Point-in-time |
| Mineral properties purchase option (note 5(c)) |
PurchaseObligation
|
$20.00M | USD | Point-in-time |
| Mineral properties purchase option (note 5(c)) |
PurchaseObligation
|
$10.37M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$14.61M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$22.57M | USD | Point-in-time |
| Share capital (note 7) - unlimited common shares authorized, no par value Issued -131,348,458 (2017 - 105,684,523) |
CommonStockValue
|
$136.53M | USD | Point-in-time |
| Share capital (note 7) - unlimited common shares authorized, no par value Issued -131,348,458 (2017 - 105,684,523) |
CommonStockValue
|
$163.95M | USD | Point-in-time |
| Warrants (note 7(c)) |
WarrantsAndRightsOutstanding
|
$2.16M | USD | Point-in-time |
| Warrants (note 7(c)) |
WarrantsAndRightsOutstanding
|
$2.25M | USD | Point-in-time |
| Contributed surplus |
ContributedSurplus
|
$124.00K | USD | Point-in-time |
| Contributed surplus |
ContributedSurplus
|
$124.00K | USD | Point-in-time |
| Contributed surplus - options (note 7(a)) |
AdditionalPaidInCapital
|
$18.94M | USD | Point-in-time |
| Contributed surplus - options (note 7(a)) |
AdditionalPaidInCapital
|
$18.40M | USD | Point-in-time |
| Contributed surplus - units (note 7(b)) |
ContributedSurplusUnits
|
$1.36M | USD | Point-in-time |
| Contributed surplus - units (note 7(b)) |
ContributedSurplusUnits
|
$1.32M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-132.87M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-139.57M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$47.06M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$46.15M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$25.66M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$41.18M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$69.63M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$40.28M | USD | Point-in-time |
Income Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Amortization |
DepreciationAndAmortization
|
$39.00K | USD | 2 Qtrs |
| Amortization |
DepreciationAndAmortization
|
$83.00K | USD | 2 Qtrs |
| Amortization |
DepreciationAndAmortization
|
$42.00K | USD | 1 Quarter |
| Amortization |
DepreciationAndAmortization
|
$19.00K | USD | 1 Quarter |
| Foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-50.00K | USD | 2 Qtrs |
| Foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-19.00K | USD | 1 Quarter |
| Foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$44.00K | USD | 2 Qtrs |
| Foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-130.00K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$799.00K | USD | 2 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$407.00K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$785.00K | USD | 2 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$454.00K | USD | 1 Quarter |
| Investor relations |
BusinessDevelopment
|
$93.00K | USD | 1 Quarter |
| Investor relations |
BusinessDevelopment
|
$138.00K | USD | 1 Quarter |
| Investor relations |
BusinessDevelopment
|
$156.00K | USD | 2 Qtrs |
| Investor relations |
BusinessDevelopment
|
$202.00K | USD | 2 Qtrs |
| Mineral properties expense (note 5(d)) |
ExplorationExpenseMining
|
$1.30M | USD | 1 Quarter |
| Mineral properties expense (note 5(d)) |
ExplorationExpenseMining
|
$2.48M | USD | 1 Quarter |
| Mineral properties expense (note 5(d)) |
ExplorationExpenseMining
|
$1.94M | USD | 2 Qtrs |
| Mineral properties expense (note 5(d)) |
ExplorationExpenseMining
|
$3.61M | USD | 2 Qtrs |
| Professional fees |
ProfessionalFees
|
$318.00K | USD | 2 Qtrs |
| Professional fees |
ProfessionalFees
|
$114.00K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$273.00K | USD | 2 Qtrs |
| Professional fees |
ProfessionalFees
|
$193.00K | USD | 1 Quarter |
| Salaries |
SalariesAndWages
|
$466.00K | USD | 2 Qtrs |
| Salaries |
SalariesAndWages
|
$223.00K | USD | 1 Quarter |
| Salaries |
SalariesAndWages
|
$224.00K | USD | 1 Quarter |
| Salaries |
SalariesAndWages
|
$452.00K | USD | 2 Qtrs |
| Salaries - stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$499.00K | USD | 2 Qtrs |
| Salaries - stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$1.07M | USD | 2 Qtrs |
| Salaries - stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$106.00K | USD | 1 Quarter |
| Salaries - stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$151.00K | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$2.47M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$6.44M | USD | 2 Qtrs |
| Total expenses |
OperatingExpenses
|
$3.62M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$4.25M | USD | 2 Qtrs |
| Unrealized loss (gain) on held for trading investments |
TradingSecuritiesUnrealizedHoldingGainLoss
|
$70.00K | USD | 1 Quarter |
| Unrealized loss (gain) on held for trading investments |
TradingSecuritiesUnrealizedHoldingGainLoss
|
$-1.17M | USD | 2 Qtrs |
| Unrealized loss (gain) on held for trading investments |
TradingSecuritiesUnrealizedHoldingGainLoss
|
$1.02M | USD | 2 Qtrs |
| Unrealized loss (gain) on held for trading investments |
TradingSecuritiesUnrealizedHoldingGainLoss
|
$377.00K | USD | 1 Quarter |
| Loss (gain) on sale of investments |
GainLossOnSaleOfInvestments
|
- | USD | 2 Qtrs |
| Loss (gain) on sale of investments |
GainLossOnSaleOfInvestments
|
$-3.00K | USD | 1 Quarter |
| Loss (gain) on sale of investments |
GainLossOnSaleOfInvestments
|
$-502.00K | USD | 1 Quarter |
| Loss (gain) on sale of investments |
GainLossOnSaleOfInvestments
|
$-1.28M | USD | 2 Qtrs |
| Interest and other income |
InterestIncomeExpenseNet
|
$77.00K | USD | 1 Quarter |
| Interest and other income |
InterestIncomeExpenseNet
|
$31.00K | USD | 2 Qtrs |
| Interest and other income |
InterestIncomeExpenseNet
|
$94.00K | USD | 2 Qtrs |
| Interest and other income |
InterestIncomeExpenseNet
|
$12.00K | USD | 1 Quarter |
| Loss and comprehensive loss for the period |
IncomeLossFromContinuingOperations
|
$-3.66M | USD | 1 Quarter |
| Loss and comprehensive loss for the period |
IncomeLossFromContinuingOperations
|
$-6.61M | USD | 2 Qtrs |
| Loss and comprehensive loss for the period |
IncomeLossFromContinuingOperations
|
$-5.39M | USD | 2 Qtrs |
| Loss and comprehensive loss for the period |
IncomeLossFromContinuingOperations
|
$-2.39M | USD | 1 Quarter |
| Basic and diluted loss per common share |
EarningsPerShareBasicAndDiluted
|
$-0.02 | USD | 1 Quarter |
| Basic and diluted loss per common share |
EarningsPerShareBasicAndDiluted
|
$-0.03 | USD | 1 Quarter |
| Basic and diluted loss per common share |
EarningsPerShareBasicAndDiluted
|
$-0.06 | USD | 2 Qtrs |
| Basic and diluted loss per common share |
EarningsPerShareBasicAndDiluted
|
$-0.05 | USD | 2 Qtrs |
| Weighted average number of common shares outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
105.54M | shares | 1 Quarter |
| Weighted average number of common shares outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
111.99M | shares | 2 Qtrs |
| Weighted average number of common shares outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
105.50M | shares | 2 Qtrs |
| Weighted average number of common shares outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
117.58M | shares | 1 Quarter |
Cash Flow Statement
55 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loss for the period |
NetIncomeLoss
|
$-5.39M | USD | 2 Qtrs |
| Loss for the period |
NetIncomeLoss
|
$-6.61M | USD | 2 Qtrs |
| Amortization |
AdjustmentForAmortization
|
$83.00K | USD | 2 Qtrs |
| Amortization |
AdjustmentForAmortization
|
$39.00K | USD | 2 Qtrs |
| Unrealized gain on held for trading investments |
TradingSecuritiesUnrealizedHoldingGainLoss
|
$70.00K | USD | 1 Quarter |
| Unrealized gain on held for trading investments |
TradingSecuritiesUnrealizedHoldingGainLoss
|
$-1.17M | USD | 2 Qtrs |
| Unrealized gain on held for trading investments |
TradingSecuritiesUnrealizedHoldingGainLoss
|
$1.02M | USD | 2 Qtrs |
| Unrealized gain on held for trading investments |
TradingSecuritiesUnrealizedHoldingGainLoss
|
$377.00K | USD | 1 Quarter |
| Realized foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossRealized
|
$-20.00K | USD | 2 Qtrs |
| Realized foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossRealized
|
$64.00K | USD | 2 Qtrs |
| Realized loss on sale of investments |
GainLossOnSaleOfInvestments
|
- | USD | 2 Qtrs |
| Realized loss on sale of investments |
GainLossOnSaleOfInvestments
|
$-3.00K | USD | 1 Quarter |
| Realized loss on sale of investments |
GainLossOnSaleOfInvestments
|
$-502.00K | USD | 1 Quarter |
| Realized loss on sale of investments |
GainLossOnSaleOfInvestments
|
$-1.28M | USD | 2 Qtrs |
| Stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$499.00K | USD | 2 Qtrs |
| Stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$1.07M | USD | 2 Qtrs |
| Stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$106.00K | USD | 1 Quarter |
| Stock-based compensation |
AllocatedShareBasedCompensationExpense
|
$151.00K | USD | 1 Quarter |
| Decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-441.00K | USD | 2 Qtrs |
| Decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$59.00K | USD | 2 Qtrs |
| Decrease in deposits and prepaid amounts |
IncreaseDecreaseInPrepaidExpense
|
$388.00K | USD | 2 Qtrs |
| Decrease in deposits and prepaid amounts |
IncreaseDecreaseInPrepaidExpense
|
$67.00K | USD | 2 Qtrs |
| Decrease in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.68M | USD | 2 Qtrs |
| Decrease in accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$521.00K | USD | 2 Qtrs |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-6.57M | USD | 2 Qtrs |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.59M | USD | 2 Qtrs |
| Proceeds from bought deal financing (note 7) |
ProceedsFromBoughtDealFinancing
|
- | USD | 2 Qtrs |
| Proceeds from bought deal financing (note 7) |
ProceedsFromBoughtDealFinancing
|
$28.75M | USD | 2 Qtrs |
| Share issuance cost |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 2 Qtrs |
| Share issuance cost |
ProceedsFromIssuanceOfCommonStock
|
$-1.82M | USD | 2 Qtrs |
| Share issuance cost |
ProceedsFromIssuanceOfCommonStock
|
$26.90M | USD | Point-in-time |
| Settlement of Restricted Share Units |
EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards
|
- | USD | 2 Qtrs |
| Settlement of Restricted Share Units |
EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards
|
$-90.00K | USD | 2 Qtrs |
| Net Cash Provided by (Used in) Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$26.93M | USD | 2 Qtrs |
| Net Cash Provided by (Used in) Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-90.00K | USD | 2 Qtrs |
| Acquisition of plant & equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$13.00K | USD | 2 Qtrs |
| Acquisition of plant & equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$16.00K | USD | 2 Qtrs |
| Mineral properties funding (note 5 (c)) |
ProceedsFromContributionsFromAffiliates
|
$10.00M | USD | 2 Qtrs |
| Mineral properties funding (note 5 (c)) |
ProceedsFromContributionsFromAffiliates
|
$9.63M | USD | 2 Qtrs |
| Proceeds from the sale of investments, net of fees |
ProceedsFromIssuanceOfPrivatePlacement
|
$2.08M | USD | 2 Qtrs |
| Proceeds from the sale of investments, net of fees |
ProceedsFromIssuanceOfPrivatePlacement
|
$881.00K | USD | 2 Qtrs |
| Net Cash Provided by (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$10.87M | USD | 2 Qtrs |
| Net Cash Provided by (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$11.70M | USD | 2 Qtrs |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$32.07M | USD | 2 Qtrs |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$7.19M | USD | 2 Qtrs |
| Effect of exchange rate on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$11.00K | USD | 2 Qtrs |
| Effect of exchange rate on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
- | USD | 2 Qtrs |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$5.39M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$7.34M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$14.53M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$37.47M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$5.39M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$7.34M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$14.53M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
$37.47M | USD | Point-in-time |
Stockholders Equity
19 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$47.06M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$46.15M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$25.66M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$41.18M | USD | Point-in-time |
| Bought deal financing (note 7) |
StockIssuedDuringPeriodValueNewIssues
|
$28.75M | USD | 2 Qtrs |
| Share issuance costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
$1.82M | USD | Annual |
| Share issuance costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
$1.82M | USD | 2 Qtrs |
| Exercise of options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
- | USD | 2 Qtrs |
| Exercise of options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
- | USD | 2 Qtrs |
| Restricted Share Units |
VestingOfRestrictedShareUnits
|
- | USD | 2 Qtrs |
| Restricted Share Units |
VestingOfRestrictedShareUnits
|
$-90.00K | USD | 2 Qtrs |
| Stock-based compensation |
ShareBasedCompensation
|
$499.00K | USD | 2 Qtrs |
| Stock-based compensation |
ShareBasedCompensation
|
$1.07M | USD | 2 Qtrs |
| Loss for the period |
NetIncomeLoss
|
$-5.39M | USD | 2 Qtrs |
| Loss for the period |
NetIncomeLoss
|
$-6.61M | USD | 2 Qtrs |
| Ending Balance |
StockholdersEquity
|
$47.06M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$46.15M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$25.66M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$41.18M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.