XML 105 R58.htm IDEA: XBRL DOCUMENT
v3.21.1

Share-based payment arrangements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Disclosure of terms and conditions of share-based payment arrangement [abstract] |
Share-based payments expense | Share-based payments expense consists of:
| December 31, 2020 |  | December 31, 2019
Share options | $ | 3,347 |  |  | $ | 3,128 |
Restricted share units with no performance criteria | 1,305 |  |  | 1,600 |
Restricted share units with performance criteria | 2,556 |  |  | 1,195 |
Deferred units | 2,270 |  |  | 2,209 |
Performance share units | 1,214 |  |  | 2,264 |
| $ | 10,692 |  |  | $ | 10,396 |
Summary of movements in number of share options outstanding and weighted average exercise prices | Movements in the number of share options outstanding and their related weighted average exercise prices are as follows:
| 2020 |  | 2019
| Weighted average exercise price Cdn$ | Number of options |  | Weighted average exercise price Cdn$ | Number of options
At January 1, | $14.08 | 5,714,491 |  |  | $22.56 | 5,591,228 |
Granted | 12.72 | 1,156,744 |  |  | 5.98 | 2,387,256 |
Exercised | 7.75 | (618,915) |  |  | 6.20 | (56,644) |
Expired | 33.40 | (813,933) |  |  | 38.96 | (697,322) |
Forfeited | 12.53 | (345,999) |  |  | 21.48 | (1,510,027) |
At December 31, | $11.56 | 5,092,388 |  |  | $14.08 | 5,714,491 |
Summary of range of exercise prices of outstanding share options | Options outstanding are as follows:
|  | December 31, 2020 |  | December 31, 2020
|  | Total options outstanding |  | Exercisable options
Range of exercise price Cdn$ |  | Shares |  | Weighted average remaining contractual life (years) |  | Weighted average exercise price Cdn$ |  | Shares |  | Weighted average exercise price Cdn$
$5.00 to $5.99 |  | 1,715,345 |  |  | 3.2 |  | $5.68 |  | 562,607 |  |  | $5.68
$6.00 to $6.99 |  | 543,509 |  |  | 2.3 |  | 6.20 |  | 292,515 |  |  | 6.20
$10.00 to $10.99 |  | 152,941 |  |  | 3.9 |  | 10.40 |  | — |  |  | — |
$11.00 to $11.99 |  | 189,812 |  |  | 4.5 |  | 11.56 |  | — |  |  | — |
$12.00 to $12.99 |  | 860,643 |  |  | 4.2 |  | 12.90 |  | — |  |  | — |
$13.00 to $13.99 |  | 68,649 |  |  | 4.3 |  | 13.50 |  | — |  |  | — |
$16.00 to $16.99 |  | 783,341 |  |  | 0.1 |  | 16.10 |  | 783,341 |  |  | 16.10
$21.00 to $21.99 |  | 20,000 |  |  | 0.8 |  | 21.15 |  | 20,000 |  |  | 21.15
$22.00 to $22.99 |  | 603,766 |  |  | 1.1 |  | 22.00 |  | 603,766 |  |  | 22.00
$23.00 to $23.99 |  | 151,933 |  |  | 1.2 |  | 23.18 |  | 151,933 |  |  | 23.18
$29.00 to $29.99 |  | 2,449 |  |  | 0.4 |  | 29.55 |  | 2,449 |  |  | 29.55
|  | 5,092,388 |  |  | 2.5 |  | $11.56 |  | 2,416,611 |  |  | $14.45
Summary of assumptions used to estimate the fair value of options granted | The assumptions used to estimate the fair value of options granted during the years ended December 31, 2020 and December 31, 2019 are in the table below. Volatility was determined based on the historical volatility over the estimated lives of the options.
| 2020 |  |  | 2019 |
Risk-free interest rate (range) (%) | 0.25 – 0.95 |  | 1.34 – 1.80
Expected volatility (range) (%) | 63 – 70 |  | 59 – 63
Expected life (range) (years) | 1.96– 3.96 |  | 1.98 – 3.98
Expected dividends (Cdn$) | — |  |  | — |
Summary of movements in number of share options outstanding | A summary of the status of the RSUs with no performance criteria and changes during the year ended December 31, 2020 and December 31, 2019 is as follows:
| 2020 |  |  | 2019 |
At January 1, | 536,330 |  |  | 333,119 |
Granted | 149,552 |  |  | 391,092 |
Redeemed | (190,963) |  |  | (137,594) |
Forfeited | (16,852) |  |  | (50,287) |
At December 31, | 478,067 |  |  | 536,330 |
A summary of the status of the RSUs with performance criteria and changes during the year ended December 31, 2020 and December 31, 2019 is as follows:
| 2020 |  |  | 2019 |
At January 1, | 457,498 |  |  | 152,927 |
Granted | 299,112 |  |  | 412,473 |
Forfeited | (66,643) |  |  | (107,902) |
At December 31, | 689,967 |  |  | 457,498 |
Movements in the PSUs during the year ended December 31, 2020 and December 31, 2019 are as follows:
| 2020 |  | 2019
At January 1, | 610,885 |  |  | 484,899 |
Granted | — |  |  | 264,083 |
Expired | (85,280) |  |  | (129,109) |
Forfeited | — |  |  | (8,988) |
At December 31, | 525,605 |  |  | 610,885 |

X
- Definition The disclosure of number of share options. + References No definition available. + Details
Name: | ego_DisclosureOfNumberOfShareOptionsExplanatory
Namespace Prefix: | ego_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure Of Share-Based Payments Expense [Table Text Block] + References No definition available. + Details
Name: | ego_DisclosureOfShareBasedPaymentsExpenseTableTextBlock
Namespace Prefix: | ego_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2020-01-01 -Paragraph 47 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2020-en-r&anchor=para_47_a&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2020-01-01 -Paragraph 45 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2020-en-r&anchor=para_45_b&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the range of exercise prices for outstanding share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2020-01-01 -Paragraph 45 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2020-en-r&anchor=para_45_d&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfRangeOfExercisePricesOfOutstandingShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration