Alamos Gold Inc(NYSE:AGI) 
Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold in North America, Canada, and Mexico. It also explores for silver and precious metals. The company's flagship project is the Young-Davidson mine, which includes contiguous m...
Website: http://www.alamosgold.com
Founded: 2003
Full Time Employees: 1,700
Sector: Basic Materials
Industry: Gold
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At a glance:
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Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-04-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2021-02-24 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-03-31 | 2018-02-22 | 2017-12-31 | 2016-09-30 | 2015-09-30 | 2015-08-07 | 2014-07-31 | 2013-02-22 | 2006-03-31 | 2005-09-30 |
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operating revenues | 462,300,000 | 438,200,000 | 333,000,000 | 375,800,000 | 360,900,000 | 332,600,000 | 277,600,000 | 254,600,000 | 256,200,000 | 261,000,000 | 251,500,000 | 231,900,000 | 213,600,000 | 191,200,000 | 184,500,000 | 203,100,000 | 198,000,000 | 195,100,000 | 227,400,000 | 226,600,000 | 748,100,000 | 218,400,000 | 126,200,000 | 176,900,000 | 683,100,000 | 156,100,000 | 651,800,000 | 146,700,000 | 173,100,000 | 161,700,000 | 542,800,000 | 125,600,000 | 103,600,000 | 43,843,000 | 329,372,000 | |||
cost of sales | 172,600,000 | 173,600,000 | 166,700,000 | 158,000,000 | 157,800,000 | 155,200,000 | 153,400,000 | 168,100,000 | 151,900,000 | 135,500,000 | 138,400,000 | 129,500,000 | 126,900,000 | 139,300,000 | 135,800,000 | 122,600,000 | 103,300,000 | 120,300,000 | ||||||||||||||||||||
mining and processing | 135,900,000 | 140,400,000 | 139,000,000 | 137,900,000 | 142,800,000 | 312,600,000 | 339,000,000 | 82,200,000 | 387,200,000 | 92,800,000 | 96,900,000 | 90,600,000 | 315,600,000 | 70,900,000 | 75,400,000 | 20,256,000 | 70,168,000 | 6,975,000 | 299,693 | |||||||||||||||||||
royalties | 6,200,000 | 7,600,000 | 4,800,000 | 4,700,000 | 3,500,000 | 10,200,000 | 17,400,000 | 5,400,000 | 21,600,000 | 4,800,000 | 5,700,000 | 4,900,000 | 15,600,000 | 3,500,000 | 2,900,000 | 2,315,000 | 16,411,000 | |||||||||||||||||||||
amortization | 52,000,000 | 52,700,000 | 51,400,000 | 58,300,000 | 57,700,000 | 152,700,000 | 165,000,000 | 39,400,000 | 166,600,000 | 40,000,000 | 42,100,000 | 41,100,000 | 125,600,000 | 27,800,000 | 31,700,000 | 9,738,000 | 50,678,000 | 1,931,000 | 84,063 | |||||||||||||||||||
expenses | ||||||||||||||||||||||||||||||||||||||
exploration | 5,000,000 | 8,800,000 | 5,200,000 | 5,500,000 | 8,800,000 | 7,200,000 | 6,700,000 | 1,600,000 | 11,000,000 | 2,400,000 | 3,900,000 | 2,300,000 | 8,300,000 | 1,600,000 | 2,700,000 | 1,465,000 | 6,488,000 | 406,000 | ||||||||||||||||||||
corporate and administrative | 9,600,000 | 10,000,000 | 10,000,000 | 9,100,000 | 8,200,000 | 21,000,000 | 19,800,000 | 5,500,000 | 17,400,000 | 4,900,000 | 4,400,000 | 4,600,000 | 15,500,000 | 3,700,000 | 6,100,000 | 4,350,000 | 14,177,000 | 715,000 | ||||||||||||||||||||
share-based compensation | 16,700,000 | 2,500,000 | 27,900,000 | 1,900,000 | 13,700,000 | 10,300,000 | 9,200,000 | 3,300,000 | 6,600,000 | 1,200,000 | 1,600,000 | 1,100,000 | 6,200,000 | 900,000 | 1,200,000 | 1,784,000 | 7,634,000 | |||||||||||||||||||||
reversal of impairment | -218,800,000 | -57,100,000 | ||||||||||||||||||||||||||||||||||||
earnings before income taxes | 455,700,000 | 94,700,000 | 158,400,000 | 141,200,000 | 128,200,000 | 75,600,000 | 51,200,000 | 78,200,000 | 92,100,000 | 72,200,000 | 52,600,000 | 33,900,000 | 30,200,000 | -14,300,000 | 43,600,000 | 56,300,000 | -172,700,000 | 75,100,000 | 85,800,000 | 218,200,000 | 85,900,000 | 6,000,000 | 40,500,000 | 128,900,000 | 20,600,000 | -38,400,000 | 15,600,000 | 5,600,000 | 22,200,000 | 17,700,000 | 166,925,000 | |||||||
other expenses | ||||||||||||||||||||||||||||||||||||||
finance income | 1,200,000 | -100,000 | 2,400,000 | 788,000 | 3,133,000 | |||||||||||||||||||||||||||||||||
foreign exchange gain | -1,500,000 | -6,600,000 | 400,000 | 6,600,000 | 2,000,000 | -1,400,000 | 300,000 | 200,000 | -4,400,000 | 700,000 | -1,300,000 | -5,100,000 | 5,000,000 | 350,000 | 14,000 | -579,246 | ||||||||||||||||||||||
unrealized loss on commodity derivatives | -80,000,000 | -25,800,000 | -68,400,000 | 5,900,000 | ||||||||||||||||||||||||||||||||||
other loss | -3,900,000 | -2,100,000 | -1,100,000 | -16,100,000 | -9,700,000 | -8,400,000 | -700,000 | -9,100,000 | -231,000 | 69,000 | ||||||||||||||||||||||||||||
earnings from operations | 371,500,000 | 216,200,000 | 25,700,000 | 157,200,000 | 183,300,000 | 138,800,000 | 81,400,000 | 71,900,000 | 82,600,000 | 88,600,000 | 75,000,000 | 61,600,000 | 29,900,000 | 25,700,000 | -5,700,000 | 49,800,000 | 57,300,000 | -168,500,000 | 76,300,000 | 81,300,000 | 227,600,000 | 88,000,000 | 12,100,000 | 46,200,000 | 126,000,000 | 18,700,000 | -22,600,000 | 600,000 | 18,500,000 | 17,100,000 | 56,000,000 | 17,200,000 | 3,935,000 | 163,816,000 | 2,216,000 | |||
income taxes | ||||||||||||||||||||||||||||||||||||||
current income tax expense | -46,500,000 | -32,800,000 | -13,300,000 | -47,000,000 | -16,900,000 | -30,100,000 | -12,700,000 | -7,500,000 | -17,300,000 | -4,200,000 | -8,000,000 | -4,300,000 | -11,900,000 | -800,000 | -400,000 | |||||||||||||||||||||||
deferred income tax expense | -48,700,000 | -22,600,000 | -39,800,000 | -43,900,000 | -20,100,000 | -7,000,000 | ||||||||||||||||||||||||||||||||
net earnings | 276,300,000 | 159,400,000 | 15,200,000 | 87,600,000 | 84,500,000 | 70,100,000 | 42,100,000 | 47,100,000 | 39,400,000 | 75,100,000 | 48,400,000 | 40,600,000 | -1,400,000 | 6,400,000 | -8,500,000 | 29,500,000 | 25,100,000 | -172,500,000 | 51,200,000 | 76,900,000 | 144,200,000 | 67,900,000 | 11,700,000 | -12,300,000 | 96,100,000 | 16,800,000 | -72,600,000 | 7,200,000 | 600,000 | -4,700,000 | 26,600,000 | 4,800,000 | ||||||
yoy | 226.98% | 127.39% | -63.90% | 85.99% | 114.47% | -6.66% | -13.02% | 16.01% | -2914.29% | 1073.44% | -669.41% | 37.63% | -105.58% | -103.71% | -116.60% | -61.64% | -82.59% | -354.05% | 337.61% | -725.20% | 50.05% | 304.17% | -116.12% | -270.83% | 15916.67% | -457.45% | -372.93% | 50.00% | ||||||||||
qoq | 73.34% | 948.68% | -82.65% | 3.67% | 20.54% | 66.51% | -10.62% | 19.54% | -47.54% | 55.17% | 19.21% | -3000.00% | -121.88% | -175.29% | -128.81% | 17.53% | -114.55% | -436.91% | -33.42% | -46.67% | 112.37% | 480.34% | -195.12% | -112.80% | 472.02% | -123.14% | -1108.33% | 1100.00% | -112.77% | -117.67% | 454.17% | |||||||
items that may be subsequently reclassified to net earnings: | ||||||||||||||||||||||||||||||||||||||
net change in fair value of currency hedging instruments, net of taxes | -3,300,000 | 7,900,000 | 2,500,000 | -6,000,000 | -100,000 | |||||||||||||||||||||||||||||||||
net change in fair value of fuel hedging instruments, net of taxes | 200,000 | -400,000 | ||||||||||||||||||||||||||||||||||||
items that will not be reclassified to net earnings: | ||||||||||||||||||||||||||||||||||||||
unrealized gain on equity securities, net of taxes | 19,500,000 | 4,100,000 | 4,800,000 | 1,400,000 | 6,600,000 | 23,800,000 | 2,500,000 | 2,300,000 | -1,800,000 | -3,500,000 | 1,000,000 | |||||||||||||||||||||||||||
total other comprehensive income | 16,200,000 | 12,000,000 | 7,300,000 | 6,100,000 | 25,000,000 | 9,000,000 | 6,200,000 | -9,700,000 | 1,000,000 | -400,000 | 2,500,000 | 12,600,000 | 800,000 | |||||||||||||||||||||||||
comprehensive income | 292,500,000 | 171,400,000 | 22,500,000 | 83,200,000 | 90,600,000 | 169,200,000 | 105,100,000 | 23,000,000 | -82,300,000 | 6,200,000 | 200,000 | -2,200,000 | 39,200,000 | 5,600,000 | 117,972,000 | |||||||||||||||||||||||
earnings per share | ||||||||||||||||||||||||||||||||||||||
– basic | 0.66 | 0.38 | 0.04 | 0.21 | 0.2 | 0.37 | 0.25 | -0.19 | 0.02 | 389,254 | -0.01 | 0.09 | 0.02 | -0.13 | 0.01 | |||||||||||||||||||||||
– diluted | 0.65 | 0.38 | 0.04 | 0.21 | 0.2 | 0.37 | 0.24 | -0.19 | 0.02 | 392,413 | -0.01 | 0.09 | 0.02 | -0.13 | 0.01 | |||||||||||||||||||||||
deferred income tax recovery | 10,600,000 | 2,800,000 | 3,700,000 | 16,300,000 | 5,100,000 | |||||||||||||||||||||||||||||||||
finance expense | 100,000 | -6,200,000 | -4,300,000 | -2,500,000 | -500,000 | -3,000,000 | -1,000,000 | -900,000 | -1,400,000 | -9,100,000 | -5,600,000 | -6,100,000 | ||||||||||||||||||||||||||
weighted-average number of common shares outstanding | ||||||||||||||||||||||||||||||||||||||
total other comprehensive loss | -4,400,000 | |||||||||||||||||||||||||||||||||||||
unrealized gain on commodity derivatives | -28,200,000 | |||||||||||||||||||||||||||||||||||||
financial results | ||||||||||||||||||||||||||||||||||||||
adjusted net earnings | 96,900,000 | 51,200,000 | 49,200,000 | 54,500,000 | 59,300,000 | 45,400,000 | 33,700,000 | 26,900,000 | 29,300,000 | 18,000,000 | 36,700,000 | 37,600,000 | 38,700,000 | 49,100,000 | 58,200,000 | 56,900,000 | 9,800,000 | 29,400,000 | ||||||||||||||||||||
earnings before interest, taxes, depreciation and amortization | 180,500,000 | 125,700,000 | 101,600,000 | 126,000,000 | ||||||||||||||||||||||||||||||||||
cash from operations before working capital and taxes paid | 190,600,000 | 134,900,000 | 120,200,000 | 133,200,000 | 138,300,000 | 127,200,000 | ||||||||||||||||||||||||||||||||
cash from operating activities | 194,500,000 | 108,900,000 | 124,100,000 | 112,500,000 | 141,800,000 | 94,300,000 | 102,300,000 | 74,000,000 | 75,700,000 | 46,500,000 | 88,100,000 | 82,400,000 | 86,700,000 | 99,300,000 | 131,400,000 | 130,800,000 | 49,600,000 | 56,600,000 | ||||||||||||||||||||
capital expenditures | 20,900,000 | 26,500,000 | 26,600,000 | 27,300,000 | 23,400,000 | 26,900,000 | 26,500,000 | 26,000,000 | 20,100,000 | 22,500,000 | 32,200,000 | 30,900,000 | 26,700,000 | 23,600,000 | 27,500,000 | 22,700,000 | 14,400,000 | 17,500,000 | ||||||||||||||||||||
free cash flow | 106,900,000 | 24,400,000 | 14,400,000 | 37,300,000 | 61,600,000 | 10,500,000 | 17,500,000 | 1,400,000 | 6,700,000 | -40,800,000 | -3,500,000 | -8,100,000 | -200,000 | 9,900,000 | ||||||||||||||||||||||||
operating results | ||||||||||||||||||||||||||||||||||||||
gold production | 139,100,000,000 | 135,700,000,000 | 129,500,000,000 | 135,400,000,000 | 136,000,000,000 | 128,400,000,000 | 134,200,000,000 | 123,400,000,000 | 103,900,000,000 | 98,900,000,000 | 112,500,000,000 | 104,700,000,000 | 114,200,000,000 | 125,800,000,000 | 120,400,000,000 | 117,100,000,000 | 78,400,000,000 | 110,800,000,000 | ||||||||||||||||||||
gold sales | 140,923,000,000 | 132,849,000,000 | 129,005,000,000 | 132,633,000,000 | 131,952,000,000 | 132,668,000,000 | 133,164,000,000 | 122,780,000,000 | 102,164,000,000 | 98,466,000,000 | 112,966,000,000 | 110,488,000,000 | 107,581,000,000 | 126,482,000,000 | 121,831,000,000 | 116,035,000,000 | 74,605,000,000 | 111,854,000,000 | 12,490,000 | 440,913 | ||||||||||||||||||
per ounce data | ||||||||||||||||||||||||||||||||||||||
average realized gold price | 2,336,000,000 | 2,069,000,000 | 1,974,000,000 | 1,932,000,000 | 1,978,000,000 | 1,896,000,000 | 1,741,000,000 | 1,740,000,000 | 1,871,000,000 | 1,874,000,000 | 1,798,000,000 | 1,792,000,000 | 1,814,000,000 | 1,798,000,000 | 1,860,000,000 | 1,882,000,000 | 1,692,000,000 | 1,582,000,000 | ||||||||||||||||||||
average spot gold price | 2,338,000,000 | 2,070,000,000 | 1,971,000,000 | 1,928,000,000 | 1,976,000,000 | 1,890,000,000 | 1,726,000,000 | 1,729,000,000 | 1,871,000,000 | 1,877,000,000 | 1,795,000,000 | 1,790,000,000 | 1,816,000,000 | 1,794,000,000 | 1,874,000,000 | 1,909,000,000 | 1,711,000,000 | 1,583,000,000 | ||||||||||||||||||||
cost of sales per ounce of gold sold | 1,225,000,000 | 1,307,000,000 | 1,292,000,000 | 1,191,000,000 | 1,196,000,000 | 1,170,000,000 | 1,152,000,000 | 1,369,000,000 | 1,487,000,000 | 1,376,000,000 | 1,225,000,000 | 1,172,000,000 | 1,180,000,000 | 1,101,000,000 | 1,115,000,000 | 1,057,000,000 | 1,385,000,000 | 1,076,000,000 | ||||||||||||||||||||
total cash costs per ounce of gold sold | 830,000,000 | 910,000,000 | 900,000,000 | 835,000,000 | 847,000,000 | 821,000,000 | 810,000,000 | 868,000,000 | 895,000,000 | 992,000,000 | 843,000,000 | 788,000,000 | 791,000,000 | 757,000,000 | 733,000,000 | 681,000,000 | 933,000,000 | 759,000,000 | ||||||||||||||||||||
all-in sustaining costs per ounce of gold sold | 1,096,000,000 | 1,265,000,000 | 1,233,000,000 | 1,121,000,000 | 1,112,000,000 | 1,176,000,000 | 1,138,000,000 | 1,178,000,000 | 1,170,000,000 | 1,360,000,000 | 1,237,000,000 | 1,152,000,000 | 1,136,000,000 | 1,030,000,000 | 1,030,000,000 | 949,000,000 | 1,276,000,000 | 1,010,000,000 | ||||||||||||||||||||
share data | ||||||||||||||||||||||||||||||||||||||
earnings per share, basic | 0.18 | |||||||||||||||||||||||||||||||||||||
earnings per share, diluted | 0.17 | |||||||||||||||||||||||||||||||||||||
adjusted earnings per share, basic | 0.24 | 0.13 | 0.12 | 0.14 | 0.12 | |||||||||||||||||||||||||||||||||
weighted-average common shares outstanding | 398,275 | 396,817 | 396,577 | 396,117 | 395,346 | 393,960 | 393,034 | 391,794 | 391,761 | 391,913 | 392,333 | 392,742 | 392,759 | 392,776 | 392,720 | 391,553 | 391,076 | 391,341 | ||||||||||||||||||||
financial position | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 240.2 | 133.8 | 124.2 | 238.2 | 214.7 | |||||||||||||||||||||||||||||||||
earnings per share, basic and diluted | 0.11 | 0.12 | 0.1 | 0.19 | 0.12 | 0.02 | -0.02 | 0.08 | 0.06 | -0.44 | 0.13 | 0.2 | 0.17 | 0.03 | -0.03 | |||||||||||||||||||||||
earnings before interest, depreciation and amortization | 138,900,000 | 119,900,000 | 100,400,000 | 96,400,000 | 92,000,000 | 62,900,000 | 88,000,000 | 100,000,000 | 94,400,000 | 119,600,000 | 133,600,000 | 130,500,000 | 40,900,000 | 76,700,000 | ||||||||||||||||||||||||
adjusted earnings per share, basic and diluted | 0.15 | 0.09 | 0.07 | 0.07 | 0.05 | 0.09 | 0.1 | 0.1 | 0.13 | 0.15 | 0.15 | 0.03 | 0.08 | |||||||||||||||||||||||||
cash from operations before working capital and cash taxes | 109,300,000 | 96,100,000 | 85,300,000 | 70,900,000 | 91,800,000 | 102,300,000 | 97,200,000 | 119,600,000 | 126,500,000 | 130,000,000 | 44,700,000 | 81,700,000 | ||||||||||||||||||||||||||
earnings earnings per share, basic and diluted | 0.1 | |||||||||||||||||||||||||||||||||||||
debt and financing obligations | ||||||||||||||||||||||||||||||||||||||
covid-19 costs | 6,500,000 | |||||||||||||||||||||||||||||||||||||
other incomes | ||||||||||||||||||||||||||||||||||||||
other gain | -3,700,000 | 5,100,000 | 2,200,000 | 400,000 | -5,000,000 | -600,000 | 8,200,000 | |||||||||||||||||||||||||||||||
unrealized gain on currency hedging instruments, net of taxes | 1,100,000 | 6,000,000 | 3,300,000 | -7,400,000 | ||||||||||||||||||||||||||||||||||
unrealized gain on fuel hedging instruments, net of taxes | 100,000 | 500,000 | 600,000 | |||||||||||||||||||||||||||||||||||
long-term debt | 100 | |||||||||||||||||||||||||||||||||||||
impairment of el chanate inventory | 64,000,000 | |||||||||||||||||||||||||||||||||||||
- basic | 0.04 | 266,969 | 253,133 | 127,357,000 | 0.98 | |||||||||||||||||||||||||||||||||
- diluted | 0.04 | 271,447 | 253,133 | 127,359,000 | 0.98 | |||||||||||||||||||||||||||||||||
loss on redemption of senior secured notes | -29,100,000 | |||||||||||||||||||||||||||||||||||||
deferred income tax (expense) recovery | -16,900,000 | 10,700,000 | -6,000,000 | -12,100,000 | ||||||||||||||||||||||||||||||||||
unrealized loss on fuel hedging instruments, net of taxes | -500,000 | |||||||||||||||||||||||||||||||||||||
earningsbefore income taxes | 700,000 | |||||||||||||||||||||||||||||||||||||
gain on currency hedging instruments, net of taxes | 2,500,000 | -1,400,000 | -1,400,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||
realized disposition on equity securities, reclassified to net income | ||||||||||||||||||||||||||||||||||||||
unrealized gains on equity securities, net of taxes | 6,600,000 | |||||||||||||||||||||||||||||||||||||
revaluation of assets distributed | ||||||||||||||||||||||||||||||||||||||
impairment charges | 2,500,000 | |||||||||||||||||||||||||||||||||||||
foreign exchange loss | -2,100,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||||
other comprehensive income to be reclassified to profit or loss in subsequent years: | ||||||||||||||||||||||||||||||||||||||
realized and unrealized gain on available-for-sale securities | 800,000 | |||||||||||||||||||||||||||||||||||||
mine operating costs | ||||||||||||||||||||||||||||||||||||||
loss from mine operations | -6,400,000 | |||||||||||||||||||||||||||||||||||||
income from operations | -18,900,000 | -477,518 | ||||||||||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||||||||
qoq | ||||||||||||||||||||||||||||||||||||||
income before income taxes | -38,100,000 | |||||||||||||||||||||||||||||||||||||
net income | -33,400,000 | |||||||||||||||||||||||||||||||||||||
other comprehensive income to be reclassified to profit or loss in subsequent periods: | ||||||||||||||||||||||||||||||||||||||
- unrealized gain on available-for-sale securities | -3,500,000 | |||||||||||||||||||||||||||||||||||||
- reclassification of realized losses onavailable-for-sale securities included in earnings | ||||||||||||||||||||||||||||||||||||||
comprehensive loss | -36,900,000 | |||||||||||||||||||||||||||||||||||||
loss per share for the period | ||||||||||||||||||||||||||||||||||||||
mine operating costs - sum | 32,309,000 | 137,257,000 | ||||||||||||||||||||||||||||||||||||
earnings from mine operations | 11,534,000 | 192,115,000 | ||||||||||||||||||||||||||||||||||||
expenses - sum | 7,599,000 | 28,299,000 | ||||||||||||||||||||||||||||||||||||
other income | 498,000 | |||||||||||||||||||||||||||||||||||||
financing expense | -352,000 | -536,000 | ||||||||||||||||||||||||||||||||||||
earnings before income taxes for the period | 4,490,000 | |||||||||||||||||||||||||||||||||||||
current tax expense | -3,207,000 | -45,612,000 | ||||||||||||||||||||||||||||||||||||
deferred tax (expense) recovery | -550,000 | |||||||||||||||||||||||||||||||||||||
earnings for the period | 733,000 | 117,956,000 | 573,000 | |||||||||||||||||||||||||||||||||||
other comprehensive income | ||||||||||||||||||||||||||||||||||||||
- unrealized loss on securities | -58,000 | |||||||||||||||||||||||||||||||||||||
- reclassification of realized losses on available-for-sale securities included in earnings | 2,366,000 | |||||||||||||||||||||||||||||||||||||
comprehensive income for the period | 675,000 | |||||||||||||||||||||||||||||||||||||
deferred tax recovery | -3,357,000 | |||||||||||||||||||||||||||||||||||||
other comprehensive | ||||||||||||||||||||||||||||||||||||||
- unrealized gain on securities | -2,350,000 | |||||||||||||||||||||||||||||||||||||
- impairment of available-for-sale securities | ||||||||||||||||||||||||||||||||||||||
operating expenses | ||||||||||||||||||||||||||||||||||||||
stock-based compensation | 140,000 | |||||||||||||||||||||||||||||||||||||
accretion of asset retirement obligations | 38,000 | 4,000 | ||||||||||||||||||||||||||||||||||||
operating expenses - sum | 10,274,000 | 918,431 | ||||||||||||||||||||||||||||||||||||
financial revenues and expenses | ||||||||||||||||||||||||||||||||||||||
interest income | 65,000 | 218,404 | ||||||||||||||||||||||||||||||||||||
interest expense on long-term debt | -651,000 | |||||||||||||||||||||||||||||||||||||
other interest expense | -132,000 | |||||||||||||||||||||||||||||||||||||
financing charges | -140,000 | |||||||||||||||||||||||||||||||||||||
accretion of convertible debenture discount | -485,000 | -412,746 | ||||||||||||||||||||||||||||||||||||
earnings before income tax for the period | 873,000 | |||||||||||||||||||||||||||||||||||||
future income taxes | -300,000 | |||||||||||||||||||||||||||||||||||||
deficit, beginning of period | -23,603,000 | |||||||||||||||||||||||||||||||||||||
deficit, end of period | -23,030,000 | |||||||||||||||||||||||||||||||||||||
earnings per share - basic and diluted | 0.01 | |||||||||||||||||||||||||||||||||||||
administrative and corporate expenses | 530,675 | |||||||||||||||||||||||||||||||||||||
stock based compensation | ||||||||||||||||||||||||||||||||||||||
interest expense | -587,388 | |||||||||||||||||||||||||||||||||||||
financing costs | -113,867 | |||||||||||||||||||||||||||||||||||||
loss for the period | ||||||||||||||||||||||||||||||||||||||
deficit, beginning of the period | -16,626,379 | |||||||||||||||||||||||||||||||||||||
deficit, end of the period | -18,578,740 | |||||||||||||||||||||||||||||||||||||
loss per share | -0.03 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-06-30 | 2025-04-30 | 2024-12-31 | 2024-09-30 | 2015-09-30 | 2014-07-31 | 2013-02-22 |
|---|---|---|---|---|---|---|---|
a s s e t s | |||||||
current assets | |||||||
cash and cash equivalents | 344,900,000 | 289,500,000 | 327,200,000 | 291,600,000 | 313,600,000 | 392,470,000 | 306,056,000 |
equity securities | 33,300,000 | 29,200,000 | 24,000,000 | 23,900,000 | |||
amounts receivable | 39,400,000 | 36,600,000 | 46,700,000 | 34,800,000 | 39,400,000 | 16,668,000 | 7,647,000 |
inventory | 221,600,000 | 225,900,000 | 232,800,000 | 243,100,000 | 132,600,000 | 49,712,000 | 42,046,000 |
other current assets | 20,300,000 | 18,600,000 | 17,900,000 | 14,500,000 | 8,600,000 | ||
asset held for sale | 10,900,000 | 10,900,000 | |||||
total current assets | 670,400,000 | 610,700,000 | 648,600,000 | 607,900,000 | 515,400,000 | 466,400,000 | 418,068,000 |
non-current assets | |||||||
mineral property, plant and equipment | 4,757,000,000 | 4,668,100,000 | 4,618,000,000 | 4,550,000,000 | 1,852,000,000 | 201,249,000 | 207,715,000 |
deferred income taxes | 24,500,000 | 15,600,000 | 12,200,000 | 75,200,000 | 290,200,000 | 41,465,000 | 38,365,000 |
other non-current assets | 33,100,000 | 31,800,000 | 32,000,000 | 46,100,000 | 71,700,000 | 4,733,000 | 1,058,000 |
total assets | 5,538,400,000 | 5,364,300,000 | 5,336,100,000 | 5,292,600,000 | 2,526,200,000 | 889,539,000 | 753,856,000 |
l i a b i l i t i e s | |||||||
current liabilities | |||||||
accounts payable and accrued liabilities | 268,100,000 | 254,300,000 | 233,000,000 | 246,300,000 | 97,600,000 | 25,910,000 | 24,874,000 |
derivative liabilities | 77,000,000 | 39,400,000 | 140,000,000 | 140,700,000 | |||
deferred revenue | 59,300,000 | 88,200,000 | 116,600,000 | 30,200,000 | |||
income taxes payable | 23,900,000 | 11,500,000 | 50,500,000 | 16,200,000 | 15,497,000 | ||
current portion of lease liabilities | 14,100,000 | 14,400,000 | 15,200,000 | 17,300,000 | |||
current portion of decommissioning liabilities | 8,600,000 | 2,800,000 | 6,500,000 | 4,900,000 | |||
total current liabilities | 451,000,000 | 410,600,000 | 430,900,000 | 374,400,000 | 103,600,000 | 25,910,000 | 40,371,000 |
non-current liabilities | |||||||
debt and financing obligations | 250,000,000 | 250,000,000 | 250,000,000 | 252,600,000 | |||
lease liabilities | 16,200,000 | 18,200,000 | 21,400,000 | 27,300,000 | |||
decommissioning liabilities | 143,500,000 | 147,400,000 | 145,100,000 | 155,400,000 | |||
other non-current liabilities | 4,400,000 | 4,000,000 | 3,900,000 | 1,700,000 | 2,200,000 | ||
total liabilities | 1,785,400,000 | 1,766,700,000 | 1,751,900,000 | 1,786,000,000 | 742,700,000 | 89,799,000 | 93,384,000 |
e q u i t y | |||||||
share capital | 4,142,600,000 | 4,141,800,000 | 4,138,500,000 | 4,134,100,000 | 2,769,700,000 | 509,068,000 | 393,752,000 |
contributed surplus | 87,100,000 | 87,200,000 | 89,300,000 | 88,700,000 | 68,800,000 | 25,076,000 | 22,606,000 |
accumulated other comprehensive loss | -19,300,000 | -30,000,000 | -37,400,000 | -33,400,000 | -3,800,000 | -1,650,000 | -1,064,000 |
deficit | -457,400,000 | -601,400,000 | -606,200,000 | -682,800,000 | -1,051,200,000 | ||
total equity | 3,753,000,000 | 3,597,600,000 | 3,584,200,000 | 3,506,600,000 | 1,783,500,000 | 799,740,000 | 660,472,000 |
total liabilities and equity | 5,538,400,000 | 5,364,300,000 | 5,336,100,000 | 5,292,600,000 | 2,526,200,000 | 889,539,000 | 753,856,000 |
current portion of derivative liabilities | 9,100,000 | 6,400,000 | |||||
current portion of deferred revenue | 83,300,000 | ||||||
available-for-sale securities | 7,200,000 | 1,384,000 | 10,340,000 | ||||
income taxes receivable | 14,000,000 | ||||||
long-term inventory | 87,100,000 | ||||||
goodwill | |||||||
current portion of equipment financing obligations | 6,000,000 | ||||||
decommissioning liability | 34,600,000 | 21,752,000 | 13,934,000 | ||||
debt and equipment financing obligations | 312,100,000 | ||||||
short-term investments | 47,654,000 | ||||||
other financial assets | 1,118,000 | ||||||
advances and prepaid expenses | 6,166,000 | 3,207,000 | |||||
exploration and evaluation assets | 217,157,000 | 127,015,000 | |||||
other liabilities | 672,000 | 714,000 | |||||
warrants | 21,667,000 | ||||||
retained earnings | 245,579,000 | 245,178,000 | |||||
assets | |||||||
liabilities | |||||||
equity |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-04-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2019-03-31 | 2018-03-31 | 2017-12-31 | 2015-09-30 | 2014-07-31 | 2013-02-22 | 2006-03-31 | 2005-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash provided by: | ||||||||||||||||||||||||||
operating activities | ||||||||||||||||||||||||||
net earnings for the period | 116,900,000 | 144,200,000 | 15,200,000 | 15,200,000 | 7,700,000 | -35,700,000 | 26,700,000 | 48,400,000 | 42,000,000 | -7,800,000 | 14,900,000 | -8,500,000 | 4,400,000 | 197,600,000 | -223,700,000 | 51,200,000 | 16,800,000 | 600,000 | 21,800,000 | |||||||
adjustments for items not involving cash: | ||||||||||||||||||||||||||
amortization | -700,000 | 1,300,000 | 51,400,000 | 51,400,000 | 600,000 | 5,300,000 | 3,400,000 | 1,100,000 | -200,000 | 46,300,000 | -4,300,000 | 11,700,000 | 400,000 | 37,800,000 | 800,000 | 600,000 | -1,700,000 | 43,500,000 | 39,400,000 | 42,100,000 | 97,800,000 | 31,700,000 | 9,738,000 | 50,678,000 | 1,931,000 | 84,063 |
reversal of impairment | ||||||||||||||||||||||||||
foreign exchange gain | -400,000 | -400,000 | -4,600,000 | 700,000 | 1,000,000 | 1,300,000 | ||||||||||||||||||||
current income tax expense | 13,700,000 | 19,500,000 | 13,300,000 | 13,300,000 | 30,100,000 | -900,000 | 200,000 | -8,600,000 | 23,400,000 | 8,900,000 | 100,000 | -400,000 | 700,000 | -7,700,000 | -500,000 | -3,200,000 | 5,900,000 | 7,500,000 | 8,000,000 | 11,100,000 | 400,000 | |||||
deferred income tax expense | -17,200,000 | -500,000 | -19,200,000 | 21,600,000 | 1,800,000 | 400,000 | -32,200,000 | 11,400,000 | -9,400,000 | 18,000,000 | 7,000,000 | |||||||||||||||
share-based compensation | 19,300,000 | -29,100,000 | 32,300,000 | 32,300,000 | -11,800,000 | 7,500,000 | 4,500,000 | -700,000 | -8,600,000 | 11,100,000 | 2,600,000 | 4,100,000 | -5,900,000 | 6,300,000 | 1,800,000 | -200,000 | -500,000 | 2,800,000 | 3,300,000 | 1,600,000 | 5,300,000 | 1,200,000 | 1,784,000 | 7,634,000 | ||
finance income | -100,000 | |||||||||||||||||||||||||
unrealized loss on commodity derivatives | 54,200,000 | -42,600,000 | 68,400,000 | 68,400,000 | ||||||||||||||||||||||
deferred revenue recognized | -100,000 | 100,000 | -31,200,000 | -31,200,000 | ||||||||||||||||||||||
other items | 5,000,000 | 8,700,000 | -14,700,000 | -14,700,000 | 6,700,000 | -3,900,000 | 4,900,000 | 3,400,000 | -8,400,000 | 1,700,000 | -1,300,000 | -900,000 | 4,000,000 | -3,000,000 | -1,900,000 | 1,100,000 | ||||||||||
changes in working capital and taxes paid | 23,400,000 | 18,400,000 | -51,800,000 | -51,800,000 | 11,600,000 | -31,200,000 | 24,600,000 | -24,200,000 | 36,400,000 | -32,900,000 | 15,100,000 | -12,500,000 | 14,800,000 | -24,400,000 | 16,200,000 | -9,400,000 | 9,800,000 | -20,300,000 | ||||||||
investing activities | ||||||||||||||||||||||||||
mineral property, plant and equipment | -20,100,000 | -15,200,000 | -99,700,000 | -99,700,000 | -31,900,000 | -19,200,000 | -34,500,000 | 5,000,000 | 3,600,000 | -83,800,000 | -12,200,000 | -3,600,000 | 18,300,000 | -87,300,000 | -2,400,000 | -5,700,000 | -10,900,000 | -72,600,000 | -53,300,000 | -51,500,000 | -125,300,000 | -48,800,000 | -13,331,000 | -38,815,000 | -4,354,000 | |
interest capitalized to mineral, property and equipment | -2,000,000 | -2,000,000 | ||||||||||||||||||||||||
repurchase of royalty on young-davidson | ||||||||||||||||||||||||||
investment in argonaut, net of cash acquired | ||||||||||||||||||||||||||
proceeds from disposition of equity securities | 3,800,000 | -15,600,000 | 20,700,000 | |||||||||||||||||||||||
investment in equity securities | 10,400,000 | -10,700,000 | 1,000,000 | -500,000 | 400,000 | -1,000,000 | 1,100,000 | 1,500,000 | -3,500,000 | 700,000 | 1,900,000 | -3,100,000 | ||||||||||||||
transaction costs of asset acquisitions | ||||||||||||||||||||||||||
financing activities | ||||||||||||||||||||||||||
proceeds from draw down of credit facility | ||||||||||||||||||||||||||
repayment of debt and accrued interest assumed on argonaut acquisition | ||||||||||||||||||||||||||
dividends paid | -500,000 | 100,000 | -9,700,000 | -9,700,000 | -200,000 | -500,000 | 100,000 | 100,000 | 400,000 | -9,200,000 | -100,000 | 200,000 | -200,000 | -8,700,000 | 100,000 | -100,000 | 0 | -8,600,000 | -3,900,000 | -12,736,000 | -24,023,000 | |||||
repurchase and cancellation of common shares | -1,200,000 | -1,500,000 | -10,600,000 | |||||||||||||||||||||||
credit facility interest and transaction fees | -1,600,000 | -1,600,000 | 7,600,000 | |||||||||||||||||||||||
proceeds from the exercise of options and warrants | -300,000 | 1,400,000 | 200,000 | 200,000 | -500,000 | -2,300,000 | 2,400,000 | 600,000 | 700,000 | |||||||||||||||||
lease payments | -300,000 | 300,000 | -4,300,000 | -4,300,000 | 200,000 | |||||||||||||||||||||
proceeds from issuance of flow-through shares | -1,200,000 | |||||||||||||||||||||||||
effect of exchange rates on cash and cash equivalents | -200,000 | 600,000 | -200,000 | -200,000 | 400,000 | 600,000 | 1,000,000 | -1,400,000 | 500,000 | 100,000 | 1,600,000 | -500,000 | -900,000 | 500,000 | 500,000 | -1,200,000 | 200,000 | 300,000 | 500,000 | -700,000 | 2,600,000 | -2,200,000 | 365,000 | 1,133,000 | ||
net increase in cash and cash equivalents | 62,800,000 | 93,100,000 | -37,700,000 | -37,700,000 | 57,600,000 | -95,400,000 | -18,400,000 | -27,500,000 | 50,800,000 | 4,000,000 | 45,600,000 | -48,300,000 | -16,400,000 | -18,200,000 | -22,000,000 | 17,700,000 | -25,400,000 | 31,000,000 | 183,900,000 | -7,570,000 | 136,585,000 | 7,416,000 | -19,017,754 | |||
cash and cash equivalents - beginning of period | 55,400,000 | -37,700,000 | 327,200,000 | 327,200,000 | -22,000,000 | 73,400,000 | 27,300,000 | 54,800,000 | 4,000,000 | 129,800,000 | -4,800,000 | -2,700,000 | -48,300,000 | 172,500,000 | -22,500,000 | -4,300,000 | 17,700,000 | 220,500,000 | 206,000,000 | 200,800,000 | 129,700,000 | 4,519,000 | 35,746,347 | |||
cash and cash equivalents - end of period | 118,200,000 | 55,400,000 | 289,500,000 | 289,500,000 | 35,600,000 | -22,000,000 | 8,900,000 | 27,300,000 | 54,800,000 | 133,800,000 | 13,100,000 | -4,800,000 | -2,700,000 | 124,200,000 | -38,900,000 | -22,500,000 | -4,300,000 | 238,200,000 | 180,600,000 | 231,800,000 | 313,600,000 | 392,470,000 | 11,935,000 | 16,728,593 | ||
cash from: | ||||||||||||||||||||||||||
foreign exchange loss | 100,000 | 200,000 | 4,000,000 | |||||||||||||||||||||||
deferred income tax (recovery) expense | -7,800,000 | -2,800,000 | -2,800,000 | -6,500,000 | -3,700,000 | -5,100,000 | ||||||||||||||||||||
finance expense | 200,000 | -100,000 | -8,600,000 | -100,000 | -700,000 | 1,400,000 | 1,200,000 | -300,000 | 100,000 | 1,200,000 | -100,000 | 300,000 | 0 | 1,000,000 | 500,000 | 900,000 | 3,500,000 | |||||||||
interest capitalized to mineral property, plant and equipment | ||||||||||||||||||||||||||
investment in argonaut | ||||||||||||||||||||||||||
credit facility transaction and standby fees | ||||||||||||||||||||||||||
unrealized gain on commodity derivatives | ||||||||||||||||||||||||||
proceeds of issuance of flow-through shares | ||||||||||||||||||||||||||
net earnings | 14,400,000 | |||||||||||||||||||||||||
other | 700,000 | 4,200,000 | 463,000 | -735,000 | ||||||||||||||||||||||
acquisition of orford - transaction costs | ||||||||||||||||||||||||||
foreign exchange (gain) loss | 1,700,000 | -200,000 | ||||||||||||||||||||||||
investment in argonaut gold inc | ||||||||||||||||||||||||||
impairment charge | ||||||||||||||||||||||||||
inventory net realizable value adjustment | -10,700,000 | |||||||||||||||||||||||||
current income tax (recovery) expense | ||||||||||||||||||||||||||
proceeds from sale of esperanza | ||||||||||||||||||||||||||
manitou transaction costs | ||||||||||||||||||||||||||
impairment | ||||||||||||||||||||||||||
proceeds from sale of esperanza project | ||||||||||||||||||||||||||
proceeds from the exercise of options | -1,500,000 | 3,600,000 | 700,000 | |||||||||||||||||||||||
capital advances | 2,100,000 | 13,400,000 | -16,800,000 | |||||||||||||||||||||||
repurchase of island gold royalties | ||||||||||||||||||||||||||
repayment of equipment financing obligations | -1,100,000 | -1,200,000 | ||||||||||||||||||||||||
net decrease in cash and cash equivalents | ||||||||||||||||||||||||||
impairment charge on assets held for sale | 38,200,000 | |||||||||||||||||||||||||
acquisition of trillium mining corp. | ||||||||||||||||||||||||||
repayment of credit facility | ||||||||||||||||||||||||||
proceeds from optional share purchase plan | ||||||||||||||||||||||||||
repurchase of island gold royalty | ||||||||||||||||||||||||||
interest paid | 1,316,000 | |||||||||||||||||||||||||
cash and cash equivalents - end of year | ||||||||||||||||||||||||||
impairment of el chanate inventory | ||||||||||||||||||||||||||
proceeds from sale of equity securities | 24,900,000 | |||||||||||||||||||||||||
repayment of debt and equipment financing obligations | -2,400,000 | -1,700,000 | ||||||||||||||||||||||||
credit facility transaction fees | ||||||||||||||||||||||||||
proceeds received from the exercise of stock options and warrants | -600,000 | |||||||||||||||||||||||||
purchase and cancellation of common shares | ||||||||||||||||||||||||||
increase in cash and cash equivalents | ||||||||||||||||||||||||||
cash and cash equivalents - beginning of year | ||||||||||||||||||||||||||
changes in working capital and cash taxes | -19,300,000 | -3,800,000 | ||||||||||||||||||||||||
loss on redemption of senior secured notes | ||||||||||||||||||||||||||
changes in working capital and taxes received or paid | ||||||||||||||||||||||||||
cash received from the acquisition of richmont | ||||||||||||||||||||||||||
net proceeds from bought deal financing | ||||||||||||||||||||||||||
repayment of senior secured notes | ||||||||||||||||||||||||||
purchase of lynn lake gold project royalty | ||||||||||||||||||||||||||
net proceeds from equity financing | ||||||||||||||||||||||||||
decrease in cash and cash equivalents | ||||||||||||||||||||||||||
cash provided (used in) by: | ||||||||||||||||||||||||||
revaluation of assets distributed | ||||||||||||||||||||||||||
impairment charges | 2,500,000 | |||||||||||||||||||||||||
other non-cash items | 6,800,000 | |||||||||||||||||||||||||
changes in non-cash working capital and taxes received | ||||||||||||||||||||||||||
cash received from acquisition of carlisle | ||||||||||||||||||||||||||
cash received from completion of merger | ||||||||||||||||||||||||||
proceeds from retained interest royalty | ||||||||||||||||||||||||||
debt financing and transaction fees | ||||||||||||||||||||||||||
proceeds from private placement | ||||||||||||||||||||||||||
cash transferred to aurico metals | -20,000,000 | |||||||||||||||||||||||||
cash previously reclassified as held for distribution | 20,000,000 | |||||||||||||||||||||||||
loss for the period | -33,400,000 | -1,952,361 | ||||||||||||||||||||||||
payments to settle derivative liabilities | -2,000,000 | |||||||||||||||||||||||||
changes in non-cash working capital | -14,700,000 | |||||||||||||||||||||||||
income taxes paid | 20,700,000 | |||||||||||||||||||||||||
sale of available-for-sale securities | -3,900,000 | |||||||||||||||||||||||||
cash received on completion of the merger | 249,100,000 | |||||||||||||||||||||||||
decrease in restricted cash | ||||||||||||||||||||||||||
proceeds received on transfer of litigation claim | ||||||||||||||||||||||||||
proceeds from debt and equipment financing obligations | ||||||||||||||||||||||||||
payment of financing fees on debt | ||||||||||||||||||||||||||
proceeds received from private placement | ||||||||||||||||||||||||||
proceeds received from the exercise of stock options | ||||||||||||||||||||||||||
earnings for the period | 733,000 | 573,000 | ||||||||||||||||||||||||
financing expense | 352,000 | 536,000 | ||||||||||||||||||||||||
unrealized foreign exchange loss | -408,000 | |||||||||||||||||||||||||
deferred tax expense | 550,000 | 3,357,000 | ||||||||||||||||||||||||
loss on sale of securities | 460,000 | |||||||||||||||||||||||||
changes in non-cash working capital: | ||||||||||||||||||||||||||
fair value of forward contracts | -16,000 | 243,000 | ||||||||||||||||||||||||
amounts receivable | -6,929,000 | -18,865,000 | -447,000 | 361,063 | ||||||||||||||||||||||
inventory | -5,817,000 | -5,655,000 | -1,992,000 | -2,319,897 | ||||||||||||||||||||||
advances and prepaid expenses | 2,444,000 | -1,090,000 | ||||||||||||||||||||||||
accounts payable and accrued liabilities, and income taxes payable | 6,804,000 | 31,672,000 | ||||||||||||||||||||||||
sales of securities | 11,265,000 | |||||||||||||||||||||||||
short-term investments | 9,864,000 | 5,434,000 | ||||||||||||||||||||||||
contractor advances | ||||||||||||||||||||||||||
exploration and evaluation assets | -1,430,000 | -18,561,000 | ||||||||||||||||||||||||
investing activities - sum | -4,897,000 | -53,299,000 | -16,707,544 | |||||||||||||||||||||||
common shares issued | 28,178,000 | 10,246,000 | ||||||||||||||||||||||||
shares repurchased and cancelled | ||||||||||||||||||||||||||
financing activities - sum | -12,736,000 | 4,155,000 | 13,057,000 | 274,560 | ||||||||||||||||||||||
cash and cash equivalents - beginning of the period | 400,040,000 | |||||||||||||||||||||||||
earnings | 117,956,000 | |||||||||||||||||||||||||
unrealized foreign exchange gain | -1,352,000 | |||||||||||||||||||||||||
impairment of securities | ||||||||||||||||||||||||||
purchases of securities | -11,450,000 | |||||||||||||||||||||||||
proceeds on sale of equipment | ||||||||||||||||||||||||||
decommissioning liability | -1,172,000 | |||||||||||||||||||||||||
cash and cash equivalents—beginning of year | 169,471,000 | |||||||||||||||||||||||||
cash and cash equivalents—end of year | 306,056,000 | |||||||||||||||||||||||||
supplemental information: | ||||||||||||||||||||||||||
interest received | 3,050,000 | |||||||||||||||||||||||||
accretion of asset retirement obligations | 38,000 | 4,000 | ||||||||||||||||||||||||
foreign exchange (gain) loss on convertible debenture | -65,000 | |||||||||||||||||||||||||
future income taxes | 300,000 | |||||||||||||||||||||||||
accretion of convertible debenture discount | 485,000 | |||||||||||||||||||||||||
amortization of deferred financing charges | 140,000 | |||||||||||||||||||||||||
stock-based compensation | 140,000 | |||||||||||||||||||||||||
prepaid expenses | -54,000 | -88,587 | ||||||||||||||||||||||||
accounts payable and accrued liabilities | -817,000 | -836,284 | ||||||||||||||||||||||||
deposits and advances to contractors | -622,000 | |||||||||||||||||||||||||
mineral property held for sale | ||||||||||||||||||||||||||
convertible debenture issued | ||||||||||||||||||||||||||
bank loan | 3,000,000 | |||||||||||||||||||||||||
capital lease obligations | -189,000 | |||||||||||||||||||||||||
deferred financing charges | ||||||||||||||||||||||||||
restricted cash | -1,137,000 | 1,262,853 | ||||||||||||||||||||||||
foreign exchange loss on debenture | 1,578,258 | |||||||||||||||||||||||||
unrealized gain on foreign exchange contracts | -1,204,491 | |||||||||||||||||||||||||
accretion of debenture discount | 412,746 | |||||||||||||||||||||||||
amortization of deferred financing costs | 113,867 | |||||||||||||||||||||||||
foreign exchange gain on note payable | ||||||||||||||||||||||||||
changes in non-cash working capital components: | ||||||||||||||||||||||||||
contractor advances and deposits | -158,373 | |||||||||||||||||||||||||
undeveloped mineral properties | -453,983 | |||||||||||||||||||||||||
property, plant and equipment | -16,095,188 | |||||||||||||||||||||||||
proceeds from issuance of convertible debentures | ||||||||||||||||||||||||||
deferred financing costs | 26,211 | |||||||||||||||||||||||||
proceeds from the issue of common shares | 248,349 |