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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Shares
Additional Capital
Accumulated Deficit
Total
Beginning balance at Dec. 31, 2023 $ 618,582 $ 34,413 $ (580,698) $ 72,297
Beginning balance (in shares) at Dec. 31, 2023 64,123,456      
Shares sold through offering, net of costs $ 43,592     43,592
Shares sold through offering, net of costs (in shares) 5,273,569      
Share-based compensation   3,897   3,897
Share units distributed $ 942 (942)    
Share units distributed (in shares) 250,150      
Exercise of share purchase options $ 5,549 (1,993)   3,556
Exercise of share purchase options (in shares) 619,375      
Net loss for the year     (14,483) (14,483)
Ending balance at Dec. 31, 2024 $ 668,665 35,375 (595,181) 108,859
Ending balance (in shares) at Dec. 31, 2024 70,266,550      
Shares sold through offering, net of costs $ 806,590 35,210   841,800
Shares sold through offering, net of costs (in shares) 52,123,025      
Shares Issued to Stibnite Foundation $ 3,954     3,954
Shares Issued to Stibnite Foundation (in shares) 150,000      
Share-based compensation   3,861   3,861
Share units distributed $ 6,189 (6,189)    
Share units distributed (in shares) 1,187,955      
Exercise of share purchase options $ 5,022 (1,803)   3,219
Exercise of share purchase options (in shares) 396,500      
Net loss for the year     (100,392) (100,392)
Ending balance at Dec. 31, 2025 $ 1,490,420 $ 66,454 $ (695,573) $ 861,301
Ending balance (in shares) at Dec. 31, 2025 124,124,030