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v3.25.4

Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024
Consolidated Statements of Operations and Comprehensive Income |  |
Revenue from mining operations | $ 92,227 | $ 66,178
Cost of sales | 43,692 | 42,977
Mine operating income | 48,535 | 23,201
Operating expenses |  |
General and administrative expenses | 8,690 | 6,226
Share-based payments | 3,726 | 2,035
Income (loss) before other items | 36,119 | 14,940
Other items |  |
Interest and other income | 1,414 | 364
Loss on long-term investments | 2,769 | (172)
Unrealized gain (loss) on derivatives | 1,789 | (475)
Foreign exchange gain (loss) | (705) | 979
Finance cost | (247) | (10)
Accretion of reclamation provision | (204) | (197)
Interest expense | (316) | (387)
Other expenses | (417) | 0
Loss on sale of mineral properties | (304) | 0
Write-down of uncollectible account | 0 | (621)
Income (loss) before income taxes | 39,898 | 14,421
Income taxes: |  |
Current income tax (expense) recovery | (11,590) | (6,288)
Deferred income tax (expense) recovery | (1,665) | (33)
Income tax expense | (13,255) | (6,321)
Net income | 26,643 | 8,100
Other comprehensive income (loss) |  |
Currency translation differences | 1,771 | (827)
Total comprehensive income | $ 28,414 | $ 7,273
Earnings per share |  |
Basic | $ 0.18 | $ 0.06
Diluted | $ 0.17 | $ 0.06
Weighted average number of common shares outstanding |  |
Basic | 147,721,818 | 134,599,532
Diluted | 157,811,276 | 141,331,864

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- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2024-01-01 -Paragraph 70 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=33&code=ifrs-tx-2024-en-r&anchor=para_70_b&doctype=Standard -URIDate 2024-03-27 + Details
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Period Type: | duration

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- References No definition available. + Details
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