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v3.19.1

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME shares in Thousands, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2019 USD ($) $ / shares shares | Mar. 31, 2018 USD ($) $ / shares shares
REVENUE: |  |
Revenue | $ 15,640 | $ 41,285
COSTS AND EXPENSES: |  |
Gross profit | 2,472 | 14,891
OTHER OPERATING EXPENSES: |  |
Property holding | 1,608 | 1,411
General and administrative | 3,871 | 5,187
Loss from investment in Minera Santa Cruz S.A. (note 5) | 2,310 | 212
Depreciation | 152 | 360
Revision of estimates and accretion of asset reclamation obligations (note 6) | 461 | 294
Total other operating expenses | 12,967 | 19,298
Operating loss | (10,495) | (4,407)
OTHER (EXPENSE) INCOME: |  |
Interest and other expense | (513) | (134)
Gain (loss) on investments (note 2) | 827 | (2,735)
Foreign currency gain | 163 | 927
Total other income (expense) | 477 | (1,942)
Loss before income and mining taxes | (10,018) | (6,349)
Income and mining tax (expense) recovery (note 7) | (118) | 1,138
Net loss and comprehensive loss | $ (10,136) | $ (5,211)
Net loss per share (note 10): |  |
Basic and Diluted (in dollars per share) | $ / shares | $ (0.03) | $ (0.02)
Weighted average common shares outstanding (thousands) (note 10): |  |
Basic and Diluted (in shares) | shares | 338,557 | 337,062
Shareholders' distribution declared per common share (note 8) | $ / shares |  | 0.005
Gold and silver sales |  |
REVENUE: |  |
Revenue | $ 15,583 | $ 41,041
Other revenue |  |
REVENUE: |  |
Revenue | 57 | 244
Production costs applicable to sales |  |
COSTS AND EXPENSES: |  |
Cost of goods and services sold | 13,168 | 26,394
Mine development |  |
COSTS AND EXPENSES: |  |
Cost of goods and services sold | 776 | 380
Exploration |  |
COSTS AND EXPENSES: |  |
Cost of goods and services sold | $ 3,789 | $ 11,454

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