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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