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EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2021

Earnings per Share [abstract]

EARNINGS PER SHARE

20.    EARNINGS PER SHARE

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​	​	​	​	​	​	​
​	​	​	Years ended December 31
​	​	2021			2020
Basic:	​	​	​	​	​	​
Net income for the period attributable to Fortuna shareholders	​	$	57,877	​	$	21,553
Weighted average number of shares (000's)	​	​	237,998	​	​	174,993
Earnings per share - basic	​	$	0.24	​	$	0.12

​

​	​	​	​	​	​	​
​	​	​	Years ended December 31
​	​	2021			2020
Diluted:	​	​	​	​	​	​
Net income for the period attributable to Fortuna shareholders	​	$	57,877	​	$	21,553
Add: finance costs on convertible debt, net of $nil tax	​	​	3,779	​	​	-
Diluted net income for the period	​	$	61,656	​	$	21,553
​	​	​	​	​	​	​
Weighted average number of shares (000's)	​	​	237,998	​	​	174,993
Incremental shares from dilutive potential shares	​	​	11,445	​	​	11,080
Weighted average diluted number of shares (000's)	​	​	249,443	​	​	186,073
Earnings per share - diluted	​	$	0.23	​	$	0.12

​

As at December 31, 2021, there were 7,551 out of the money options that were excluded from the diluted earnings per share calculation as their effect would have been anti-dilutive (December 31, 2020 –7,551).

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- Definition

The entire disclosure for earnings per share.

+ References

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-URIDate 2021-03-24

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- References

No definition available.

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