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10-Q Filing

MCEWEN INC. CIK: 314203 Q2 2017
Filing Information
Form Type 10-Q
Accession Number 0001558370-17-005719
Period End Date 20170630
Filing Date 20170802
Fiscal Year 2017
Fiscal Period Q2
XBRL Instance mux-20170630.xml
Filing Contents
Balance Sheet 59 line items
Line Item Tag Value Unit Period
Common stock, par value CommonStockNoParValue - USD Point-in-time
Common stock, par value CommonStockNoParValue - USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $37.44M USD Point-in-time
Common, shares issued CommonStockSharesIssued 312.28M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $25.87M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $24.78M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $36.75M USD Point-in-time
Common, shares issued CommonStockSharesIssued 299.57M shares Point-in-time
Investments (note 2) AvailableForSaleSecuritiesEquitySecurities $11.10M USD Point-in-time
Common, shares outstanding CommonStockSharesOutstanding 299.57M shares Point-in-time
Common, shares outstanding CommonStockSharesOutstanding 312.28M shares Point-in-time
Investments (note 2) AvailableForSaleSecuritiesEquitySecurities $1.03M USD Point-in-time
Investments (note 2) AvailableForSaleSecuritiesEquitySecurities $8.54M USD Point-in-time
Value added taxes receivable ValueAddedTaxReceivableCurrent $8.28M USD Point-in-time
Value added taxes receivable ValueAddedTaxReceivableCurrent $4.30M USD Point-in-time
Inventories (note 3) InventoryNet $20.02M USD Point-in-time
Inventories (note 3) InventoryNet $26.62M USD Point-in-time
Other current assets (note 14) OtherAssetsCurrent $1.90M USD Point-in-time
Other current assets (note 14) OtherAssetsCurrent $1.67M USD Point-in-time
Total current assets AssetsCurrent $66.07M USD Point-in-time
Total current assets AssetsCurrent $78.57M USD Point-in-time
Mineral property interests (note 4) MineralPropertiesNet $283.17M USD Point-in-time
Mineral property interests (note 4) MineralPropertiesNet $242.64M USD Point-in-time
Investment in Minera Santa Cruz S.A. (note 5) InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $157.32M USD Point-in-time
Investment in Minera Santa Cruz S.A. (note 5) InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $162.32M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $14.25M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $14.36M USD Point-in-time
Other assets (note 3, 14) OtherAssetsNoncurrent $532.00K USD Point-in-time
Other assets (note 3, 14) OtherAssetsNoncurrent $10.35M USD Point-in-time
TOTAL ASSETS Assets $498.32M USD Point-in-time
TOTAL ASSETS Assets $531.27M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $20.04M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $18.39M USD Point-in-time
Current portion of asset retirement obligation (note 6) AssetRetirementObligationCurrent $537.00K USD Point-in-time
Current portion of asset retirement obligation (note 6) AssetRetirementObligationCurrent $689.00K USD Point-in-time
Total current liabilities LiabilitiesCurrent $20.58M USD Point-in-time
Total current liabilities LiabilitiesCurrent $19.08M USD Point-in-time
Asset retirement obligation, less current portion (note 6) AssetRetirementObligationsNoncurrent $9.31M USD Point-in-time
Asset retirement obligation, less current portion (note 6) AssetRetirementObligationsNoncurrent $9.66M USD Point-in-time
Deferred income tax liability (note 7) DeferredTaxLiabilitiesNoncurrent $23.66M USD Point-in-time
Deferred income tax liability (note 7) DeferredTaxLiabilitiesNoncurrent $23.30M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $1.73M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $686.00K USD Point-in-time
Total liabilities Liabilities $55.28M USD Point-in-time
Total liabilities Liabilities $52.73M USD Point-in-time
Common stock, no par value, 500,000 shares authorized (in thousands); 312,277 as of June 30, 2017 and 299,570 as of December 31, 2016 issued and outstanding (in thousands) CommonStockValue $1.40B USD Point-in-time
Common stock, no par value, 500,000 shares authorized (in thousands); 312,277 as of June 30, 2017 and 299,570 as of December 31, 2016 issued and outstanding (in thousands) CommonStockValue $1.36B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-918.97M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-923.70M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.46M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $1.67M USD Point-in-time
Total shareholders' equity StockholdersEquity $478.55M USD Point-in-time
Total shareholders' equity StockholdersEquity $418.29M USD Point-in-time
Total shareholders' equity StockholdersEquity $442.30M USD Point-in-time
Total shareholders' equity StockholdersEquity $443.04M USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $531.27M USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $498.32M USD Point-in-time
Income Statement 115 line items
Line Item Tag Value Unit Period
Gold and silver sales RevenueMineralSales $35.80M USD 2 Qtrs
Gold and silver sales RevenueMineralSales $15.11M USD 1 Quarter
Gold and silver sales RevenueMineralSales $14.61M USD 1 Quarter
Gold and silver sales RevenueMineralSales $29.94M USD 2 Qtrs
Total Revenue Revenues $29.94M USD 2 Qtrs
Total Revenue Revenues $15.11M USD 1 Quarter
Total Revenue Revenues $35.80M USD 2 Qtrs
Total Revenue Revenues $14.61M USD 1 Quarter
Production costs applicable to sales CostOfGoodsSold $5.76M USD 1 Quarter
Production costs applicable to sales CostOfGoodsSold $8.56M USD 1 Quarter
Production costs applicable to sales CostOfGoodsSold $15.54M USD 2 Qtrs
Production costs applicable to sales CostOfGoodsSold $14.83M USD 2 Qtrs
Mine development costs ConstructionAndDevelopmentCosts $720.00K USD 1 Quarter
Mine development costs ConstructionAndDevelopmentCosts $2.01M USD 2 Qtrs
Mine development costs ConstructionAndDevelopmentCosts $1.32M USD 1 Quarter
Mine development costs ConstructionAndDevelopmentCosts $1.83M USD 2 Qtrs
Exploration costs ExplorationExpenseMining $3.09M USD 1 Quarter
Exploration costs ExplorationExpenseMining $3.43M USD 2 Qtrs
Exploration costs ExplorationExpenseMining $1.69M USD 1 Quarter
Exploration costs ExplorationExpenseMining $11.53M USD 2 Qtrs
Property holding costs CarryingCostsPropertyAndExplorationRights $1.41M USD 2 Qtrs
Property holding costs CarryingCostsPropertyAndExplorationRights $423.00K USD 1 Quarter
Property holding costs CarryingCostsPropertyAndExplorationRights $1.61M USD 2 Qtrs
Property holding costs CarryingCostsPropertyAndExplorationRights $258.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $5.37M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $4.08M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $2.60M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $8.37M USD 2 Qtrs
Depreciation DepreciationDepletionAndAmortization $482.00K USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $809.00K USD 2 Qtrs
Depreciation DepreciationDepletionAndAmortization $497.00K USD 2 Qtrs
Depreciation DepreciationDepletionAndAmortization $258.00K USD 1 Quarter
Revision of estimates and accretion of asset reclamation obligations (note 6) AssetRetirementObligationReclamationGross $221.00K USD 2 Qtrs
Revision of estimates and accretion of asset reclamation obligations (note 6) AssetRetirementObligationReclamationGross $116.00K USD 1 Quarter
Revision of estimates and accretion of asset reclamation obligations (note 6) AssetRetirementObligationReclamationGross $257.00K USD 2 Qtrs
Revision of estimates and accretion of asset reclamation obligations (note 6) AssetRetirementObligationReclamationGross $133.00K USD 1 Quarter
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $4.13M USD 1 Quarter
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $9.10M USD 2 Qtrs
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $-73.00K USD 2 Qtrs
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $-263.00K USD 1 Quarter
Total costs and expenses CostsAndExpenses $18.70M USD 2 Qtrs
Total costs and expenses CostsAndExpenses $17.73M USD 1 Quarter
Total costs and expenses CostsAndExpenses $7.88M USD 1 Quarter
Total costs and expenses CostsAndExpenses $39.99M USD 2 Qtrs
Operating (loss) income OperatingIncomeLoss $17.10M USD 2 Qtrs
Operating (loss) income OperatingIncomeLoss $-2.62M USD 1 Quarter
Operating (loss) income OperatingIncomeLoss $-10.05M USD 2 Qtrs
Operating (loss) income OperatingIncomeLoss $6.73M USD 1 Quarter
Interest and other (expense) income: InterestIncomeExpenseNet $-109.00K USD 1 Quarter
Interest and other (expense) income: InterestIncomeExpenseNet $155.00K USD 2 Qtrs
Interest and other (expense) income: InterestIncomeExpenseNet $-175.00K USD 2 Qtrs
Interest and other (expense) income: InterestIncomeExpenseNet $-73.00K USD 1 Quarter
Gain on sale of assets GainLossOnDispositionOfAssets1 $11.00K USD 2 Qtrs
Gain on sale of marketable equity securities (note 2) MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $22.00K USD 2 Qtrs
Gain on sale of marketable equity securities (note 2) MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $840.00K USD 2 Qtrs
Gain on sale of marketable equity securities (note 2) MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $840.00K USD 1 Quarter
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities $597.00K USD 1 Quarter
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities - USD 2 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities $882.00K USD 2 Qtrs
Unrealized (loss) gain on derivatives (note 2) DerivativeGainLossOnDerivativeNet $-722.00K USD 1 Quarter
Unrealized (loss) gain on derivatives (note 2) DerivativeGainLossOnDerivativeNet $1.07M USD 2 Qtrs
Unrealized (loss) gain on derivatives (note 2) DerivativeGainLossOnDerivativeNet $1.72M USD 1 Quarter
Unrealized (loss) gain on derivatives (note 2) DerivativeGainLossOnDerivativeNet $1.72M USD 2 Qtrs
Foreign currency gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $1.07M USD 2 Qtrs
Foreign currency gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $1.05M USD 1 Quarter
Foreign currency gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $-281.00K USD 1 Quarter
Foreign currency gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $502.00K USD 2 Qtrs
Total other income NonoperatingIncomeExpense $1.06M USD 1 Quarter
Total other income NonoperatingIncomeExpense $768.00K USD 1 Quarter
Total other income NonoperatingIncomeExpense $2.82M USD 2 Qtrs
Total other income NonoperatingIncomeExpense $1.52M USD 2 Qtrs
(Loss) Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-7.23M USD 2 Qtrs
(Loss) Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-1.56M USD 1 Quarter
(Loss) Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $18.61M USD 2 Qtrs
(Loss) Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $7.50M USD 1 Quarter
Income tax (expense) recovery (note 7) IncomeTaxExpenseBenefit $153.00K USD 1 Quarter
Income tax (expense) recovery (note 7) IncomeTaxExpenseBenefit $-2.50M USD 2 Qtrs
Income tax (expense) recovery (note 7) IncomeTaxExpenseBenefit $-2.72M USD 2 Qtrs
Income tax (expense) recovery (note 7) IncomeTaxExpenseBenefit $-856.00K USD 1 Quarter
Net (loss) income NetIncomeLoss $21.34M USD 2 Qtrs
Net (loss) income NetIncomeLoss $8.35M USD 1 Quarter
Net (loss) income NetIncomeLoss $-4.73M USD 2 Qtrs
Net (loss) income NetIncomeLoss $-1.71M USD 1 Quarter
Reclassification of unrealized gain on marketable securities disposed of during the period, net of taxes OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-840.00K USD 2 Qtrs
Reclassification of unrealized gain on marketable securities disposed of during the period, net of taxes OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-840.00K USD 1 Quarter
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsPortionsInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities $-597.00K USD 1 Quarter
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsPortionsInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities $-882.00K USD 2 Qtrs
Unrealized (loss) gain on available-for-sale securities, net of taxes OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $1.50M USD 2 Qtrs
Unrealized (loss) gain on available-for-sale securities, net of taxes OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $1.62M USD 1 Quarter
Unrealized (loss) gain on available-for-sale securities, net of taxes OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $3.64M USD 2 Qtrs
Unrealized (loss) gain on available-for-sale securities, net of taxes OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-236.00K USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $23.72M USD 2 Qtrs
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $10.57M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $-2.79M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $-1.93M USD 2 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.07 USD 2 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.03 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.01 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.02 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.03 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.02 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $-0.01 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.07 USD 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 304.07M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 298.24M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 298.24M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 308.52M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 299.23M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 304.07M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 299.79M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 308.52M shares 1 Quarter
Return of capital distribution declared per common share (note 8) ReturnOfCapitalDistributionDeclaredPerCommonShare $0.01 USD 1 Quarter
Return of capital distribution declared per common share (note 8) ReturnOfCapitalDistributionDeclaredPerCommonShare $0.01 USD 2 Qtrs
Return of capital distribution declared per common share (note 8) ReturnOfCapitalDistributionDeclaredPerCommonShare $0.01 USD 2 Qtrs
Return of capital distribution declared per common share (note 8) ReturnOfCapitalDistributionDeclaredPerCommonShare $0.01 USD 1 Quarter
Cash Flow Statement 89 line items
Line Item Tag Value Unit Period
Collection of VAT taxes receivable CollectionOfValueAddedTaxesReceivable $448.00K USD 2 Qtrs
Collection of VAT taxes receivable CollectionOfValueAddedTaxesReceivable $9.52M USD 2 Qtrs
Cash paid to suppliers and employees PaymentsToSuppliersAndEmployees $21.00M USD 2 Qtrs
Cash paid to suppliers and employees PaymentsToSuppliersAndEmployees $46.64M USD 2 Qtrs
Cash received from gold and silver sales ProceedsFromCustomers $29.94M USD 2 Qtrs
Cash received from gold and silver sales ProceedsFromCustomers $34.93M USD 2 Qtrs
Dividends received from Miners Santa Cruz S.A. (note 5) ProceedsFromDividendsReceived $5.40M USD 2 Qtrs
Dividends received from Miners Santa Cruz S.A. (note 5) ProceedsFromDividendsReceived $4.93M USD 2 Qtrs
Interest received ProceedsFromInterestReceived $118.00K USD 2 Qtrs
Interest received ProceedsFromInterestReceived $221.00K USD 2 Qtrs
Cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-11.65M USD 2 Qtrs
Cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $19.55M USD 2 Qtrs
Acquisition of mineral property interests PaymentsToAcquireMiningAssets $5.95M USD 2 Qtrs
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $252.00K USD 2 Qtrs
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $938.00K USD 2 Qtrs
Proceeds from reimbursement of equipment deposit ProceedsFromReimbursementOfEquipmentDeposit $961.00K USD 2 Qtrs
Proceeds from sale of investments (note 2) ProceedsFromSaleOfAvailableForSaleSecuritiesEquity $470.00K USD 2 Qtrs
Proceeds from sale of investments (note 2) ProceedsFromSaleOfAvailableForSaleSecuritiesEquity $2.15M USD 2 Qtrs
Proceeds from sale of investments (note 2) ProceedsFromSaleOfAvailableForSaleSecuritiesEquity $470.00K USD Annual
Acquisition costs of Lexam VG Gold, net of cash and cash equivalents acquired (note 15) PaymentsToAcquireBusinessesNetOfCashAcquired $840.00K USD 2 Qtrs
Proceeds from disposal of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $33.00K USD 2 Qtrs
Acquisition of investments PaymentsToAcquireMarketableSecurities $398.00K USD 2 Qtrs
Acquisition of investments PaymentsToAcquireMarketableSecurities $4.42M USD Annual
Cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $410.00K USD 2 Qtrs
Cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-5.17M USD 2 Qtrs
Repayment of short-term bank indebtedness RepaymentsOfShortTermDebt $3.40M USD 2 Qtrs
Return of capital distribution (note 8) PaymentsOfCapitalDistribution $1.49M USD 2 Qtrs
Return of capital distribution (note 8) PaymentsOfCapitalDistribution $1.50M USD 2 Qtrs
Share repurchase PaymentsForRepurchaseOfCommonStock $582.00K USD 2 Qtrs
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $47.00K USD 2 Qtrs
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $1.87M USD 2 Qtrs
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-3.59M USD 2 Qtrs
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-1.45M USD 2 Qtrs
Effect of exchange rate change on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $84.00K USD 2 Qtrs
Effect of exchange rate change on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $34.00K USD 2 Qtrs
(Decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $10.88M USD 2 Qtrs
(Decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-12.66M USD 2 Qtrs
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $37.44M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $25.87M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $24.78M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $36.75M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $37.44M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $25.87M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $24.78M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $36.75M USD Point-in-time
Net (loss) income NetIncomeLoss $21.34M USD 2 Qtrs
Net (loss) income NetIncomeLoss $8.35M USD 1 Quarter
Net (loss) income NetIncomeLoss $-4.73M USD 2 Qtrs
Net (loss) income NetIncomeLoss $-1.71M USD 1 Quarter
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $4.13M USD 1 Quarter
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $9.10M USD 2 Qtrs
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $-73.00K USD 2 Qtrs
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $-263.00K USD 1 Quarter
Loss on reimbursement of equipment deposit GainLossOnReimbursementOfEquipmentDeposit $-541.00K USD 2 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities $597.00K USD 1 Quarter
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities - USD 2 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities $882.00K USD 2 Qtrs
Gain on disposal of fixed assets GainLossOnSaleOfProperty $11.00K USD 2 Qtrs
Recovery of deferred income taxes (note 7) DeferredIncomeTaxExpenseBenefit $-2.50M USD 2 Qtrs
Recovery of deferred income taxes (note 7) DeferredIncomeTaxExpenseBenefit $-2.72M USD 2 Qtrs
Gain on sale of marketable securities (note 2) MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $22.00K USD 2 Qtrs
Gain on sale of marketable securities (note 2) MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $840.00K USD 2 Qtrs
Gain on sale of marketable securities (note 2) MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $840.00K USD 1 Quarter
Stock-based compensation (note 9) StockOptionPlanExpense $745.00K USD 2 Qtrs
Stock-based compensation (note 9) StockOptionPlanExpense $491.00K USD 2 Qtrs
Depreciation DepreciationDepletionAndAmortization $482.00K USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $809.00K USD 2 Qtrs
Depreciation DepreciationDepletionAndAmortization $497.00K USD 2 Qtrs
Depreciation DepreciationDepletionAndAmortization $258.00K USD 1 Quarter
Accretion of asset retirement obligation AccretionExpenseIncludingAssetRetirementObligations $221.00K USD 2 Qtrs
Accretion of asset retirement obligation AccretionExpenseIncludingAssetRetirementObligations $257.00K USD 2 Qtrs
Amortization of mineral property interests and asset retirement obligations MineralPropertyInterestsAndAssetRetirementObligationsAmortization $1.14M USD 2 Qtrs
Amortization of mineral property interests and asset retirement obligations MineralPropertyInterestsAndAssetRetirementObligationsAmortization $1.06M USD 2 Qtrs
Foreign exchange gain ForeignCurrencyTransactionGainLossUnrealized $34.00K USD 2 Qtrs
Foreign exchange gain ForeignCurrencyTransactionGainLossUnrealized $84.00K USD 2 Qtrs
Unrealized gain on derivative instrument (note 2) DerivativeGainLossOnDerivativeNet $-722.00K USD 1 Quarter
Unrealized gain on derivative instrument (note 2) DerivativeGainLossOnDerivativeNet $1.07M USD 2 Qtrs
Unrealized gain on derivative instrument (note 2) DerivativeGainLossOnDerivativeNet $1.72M USD 1 Quarter
Unrealized gain on derivative instrument (note 2) DerivativeGainLossOnDerivativeNet $1.72M USD 2 Qtrs
(Increase) decrease in VAT taxes receivable, net of collection of $448 (2016 - $9,523) IncreaseDecreaseInValueAddedTaxReceivable $-3.98M USD 2 Qtrs
(Increase) decrease in VAT taxes receivable, net of collection of $448 (2016 - $9,523) IncreaseDecreaseInValueAddedTaxReceivable $7.58M USD 2 Qtrs
Increase in other assets related to operations IncreaseDecreaseInOtherOperatingAssets $3.30M USD 2 Qtrs
Increase in other assets related to operations IncreaseDecreaseInOtherOperatingAssets $3.04M USD 2 Qtrs
Decrease in liabilities related to operations IncreaseDecreaseInOperatingLiabilities $-3.28M USD 2 Qtrs
Decrease in liabilities related to operations IncreaseDecreaseInOperatingLiabilities $-1.62M USD 2 Qtrs
Dividends received from Minera Santa Cruz S.A. (note 5) ProceedsFromDividendsReceived $5.40M USD 2 Qtrs
Dividends received from Minera Santa Cruz S.A. (note 5) ProceedsFromDividendsReceived $4.93M USD 2 Qtrs
Cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-11.65M USD 2 Qtrs
Cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $19.55M USD 2 Qtrs
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Balance StockholdersEquity $478.55M USD Point-in-time
Balance StockholdersEquity $418.29M USD Point-in-time
Balance StockholdersEquity $442.30M USD Point-in-time
Balance StockholdersEquity $443.04M USD Point-in-time
Stock-based compensation (note 9) StockIssuedDuringPeriodValueShareBasedCompensation $745.00K USD 2 Qtrs
Stock-based compensation (note 9) StockIssuedDuringPeriodValueShareBasedCompensation $491.00K USD 2 Qtrs
Return of capital distribution (note 8) StockholdersEquityPaymentsOfCapitalDistribution $1.50M USD 2 Qtrs
Return of capital distribution (note 8) StockholdersEquityPaymentsOfCapitalDistribution $1.49M USD 2 Qtrs
Shares issued in connection with the acquisition of Lexam VG Gold (note 15) StockIssuedDuringPeriodValueAcquisitions $38.14M USD 2 Qtrs
Exercise of stock options (note 8) StockIssuedDuringPeriodValueStockOptionsExercised $47.00K USD 2 Qtrs
Exercise of stock options (note 8) StockIssuedDuringPeriodValueStockOptionsExercised $1.87M USD 2 Qtrs
Share repurchase TreasuryStockValueAcquiredCostMethod $582.00K USD 2 Qtrs
Other comprehensive income (note 2) OtherComprehensiveIncomeLossNetOfTax $2.20M USD 1 Quarter
Other comprehensive income (note 2) OtherComprehensiveIncomeLossNetOfTax $2.38M USD 2 Qtrs
Other comprehensive income (note 2) OtherComprehensiveIncomeLossNetOfTax $2.80M USD 2 Qtrs
Other comprehensive income (note 2) OtherComprehensiveIncomeLossNetOfTax $-1.10M USD 1 Quarter
Net income NetIncomeLoss $21.34M USD 2 Qtrs
Net income NetIncomeLoss $8.35M USD 1 Quarter
Net income NetIncomeLoss $-4.73M USD 2 Qtrs
Net income NetIncomeLoss $-1.71M USD 1 Quarter
Balance StockholdersEquity $478.55M USD Point-in-time
Balance StockholdersEquity $418.29M USD Point-in-time
Balance StockholdersEquity $442.30M USD Point-in-time
Balance StockholdersEquity $443.04M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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