Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.8.0.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Sales (note 14) $ 38,368 $ 27,305 $ 41,877
Cost of sales (24,401) (15,848) (29,292)
Gross profit 13,967 11,457 12,585
Operating Expenses      
Exploration and evaluation (2,623) (2,964) (2,853)
Development (4,340) (2,886) (5,358)
General and administrative (5,090) (4,740) (5,715)
Accretion of asset retirement obligations (Note 12) (527) (534) (515)
Write off of mineral properties (note 7)   (62)  
Income (loss) from operations 1,387 271 (1,856)
Interest expense (net) (1,377) (1,977) (2,557)
Warrants mark to market adjustment   36 307
Loss on equity investment (5) (5) (8)
Write-off of equity investments   (1,089)  
Foreign exchange loss (50) (278) (1)
Other income (expense) 121 15 5
Profit (loss) before income taxes 76 (3,027) (4,110)
Income tax recovery (net) (note 11)   17 3,315
Net income (loss) for the period $ 76 $ (3,010) $ (795)
Income (Loss) per common share:      
Basic $ 0.00 $ (0.02) $ (0.01)
Diluted $ 0.00 $ (0.02) $ (0.01)
Weighted average number of common shares outstanding:      
Basic 145,818,394 141,999,537 130,056,932
Diluted 147,533,966 141,999,537 130,056,932
COMPREHENSIVE INCOME (LOSS)      
Net income (loss) for the period $ 76 $ (3,010) $ (795)
Translation adjustment on foreign operations 59 247 20
Comprehensive income (loss) for the period $ 135 $ (2,763) $ (775)