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10-Q Filing

MCEWEN INC. CIK: 314203 Q3 2017
Filing Information
Form Type 10-Q
Accession Number 0001558370-17-008018
Period End Date 20170930
Filing Date 20171102
Fiscal Year 2017
Fiscal Period Q3
XBRL Instance mux-20170930.xml
Filing Contents
Balance Sheet 60 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
Common, shares issued CommonStockSharesIssued 299.57M shares Point-in-time
Common, shares issued CommonStockSharesIssued 332.98M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $68.96M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $37.44M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $38.81M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $25.87M USD Point-in-time
Investments (note 2) AvailableForSaleSecuritiesEquitySecurities $8.54M USD Point-in-time
Investments (note 2) AvailableForSaleSecuritiesEquitySecurities $1.03M USD Point-in-time
Common, shares outstanding CommonStockSharesOutstanding 332.98M shares Point-in-time
Common, shares outstanding CommonStockSharesOutstanding 299.57M shares Point-in-time
Investments (note 2) AvailableForSaleSecuritiesEquitySecurities $9.22M USD Point-in-time
Value added taxes receivable ValueAddedTaxReceivableCurrent $7.91M USD Point-in-time
Value added taxes receivable ValueAddedTaxReceivableCurrent $4.30M USD Point-in-time
Inventories (note 3) InventoryNet $26.62M USD Point-in-time
Inventories (note 3) InventoryNet $19.56M USD Point-in-time
Other current assets OtherAssetsCurrent $2.79M USD Point-in-time
Other current assets OtherAssetsCurrent $1.67M USD Point-in-time
Total current assets AssetsCurrent $108.45M USD Point-in-time
Total current assets AssetsCurrent $78.57M USD Point-in-time
Mineral property interests (note 4) MineralPropertiesNet $242.64M USD Point-in-time
Mineral property interests (note 4) MineralPropertiesNet $282.72M USD Point-in-time
Investment in Minera Santa Cruz S.A. (note 5) InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $162.32M USD Point-in-time
Investment in Minera Santa Cruz S.A. (note 5) InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $154.59M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $14.05M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $14.25M USD Point-in-time
Other assets (note 3, 14) OtherAssetsNoncurrent $532.00K USD Point-in-time
Other assets (note 3, 14) OtherAssetsNoncurrent $11.23M USD Point-in-time
TOTAL ASSETS Assets $571.04M USD Point-in-time
TOTAL ASSETS Assets $498.32M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $20.04M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $25.08M 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 $25.77M USD Point-in-time
Total current liabilities LiabilitiesCurrent $20.58M USD Point-in-time
Asset retirement obligation, less current portion (note 6) AssetRetirementObligationsNoncurrent $9.99M USD Point-in-time
Asset retirement obligation, less current portion (note 6) AssetRetirementObligationsNoncurrent $9.31M USD Point-in-time
Deferred income tax liability (note 7) DeferredTaxLiabilitiesNoncurrent $23.36M USD Point-in-time
Deferred income tax liability (note 7) DeferredTaxLiabilitiesNoncurrent $23.66M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $1.73M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $657.00K USD Point-in-time
Total liabilities Liabilities $59.79M USD Point-in-time
Total liabilities Liabilities $55.28M USD Point-in-time
Common stock, no par value, 500,000 shares authorized (in thousands); 332,977 as of September 30, 2017 and 299,570 as of December 31, 2016 issued and outstanding (in thousands) CommonStockValue $1.44B USD Point-in-time
Common stock, no par value, 500,000 shares authorized (in thousands); 332,977 as of September 30, 2017 and 299,570 as of December 31, 2016 issued and outstanding (in thousands) CommonStockValue $1.36B USD Point-in-time
Warrants (note 8) WarrantsEquityLinkedFinancialInstrument $3.82M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-918.97M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-931.77M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $1.67M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.25M USD Point-in-time
Total shareholders' equity StockholdersEquity $447.21M USD Point-in-time
Total shareholders' equity StockholdersEquity $443.04M USD Point-in-time
Total shareholders' equity StockholdersEquity $418.29M USD Point-in-time
Total shareholders' equity StockholdersEquity $511.25M USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $571.04M USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $498.32M USD Point-in-time
Income Statement 116 line items
Line Item Tag Value Unit Period
Gold and silver sales RevenueMineralSales $13.43M USD 1 Quarter
Gold and silver sales RevenueMineralSales $43.37M USD 3 Qtrs
Gold and silver sales RevenueMineralSales $13.42M USD 1 Quarter
Gold and silver sales RevenueMineralSales $49.23M USD 3 Qtrs
Total Revenue Revenues $13.42M USD 1 Quarter
Total Revenue Revenues $13.43M USD 1 Quarter
Total Revenue Revenues $43.37M USD 3 Qtrs
Total Revenue Revenues $49.23M USD 3 Qtrs
Production costs applicable to sales CostOfGoodsSold $6.41M USD 1 Quarter
Production costs applicable to sales CostOfGoodsSold $24.19M USD 3 Qtrs
Production costs applicable to sales CostOfGoodsSold $21.24M USD 3 Qtrs
Production costs applicable to sales CostOfGoodsSold $8.65M USD 1 Quarter
Mine development costs ConstructionAndDevelopmentCosts $934.00K USD 1 Quarter
Mine development costs ConstructionAndDevelopmentCosts $1.38M USD 1 Quarter
Mine development costs ConstructionAndDevelopmentCosts $3.22M USD 3 Qtrs
Mine development costs ConstructionAndDevelopmentCosts $2.95M USD 3 Qtrs
Exploration costs ExplorationExpenseMining $5.59M USD 3 Qtrs
Exploration costs ExplorationExpenseMining $2.36M USD 1 Quarter
Exploration costs ExplorationExpenseMining $13.89M USD 3 Qtrs
Exploration costs ExplorationExpenseMining $2.17M USD 1 Quarter
Property holding costs CarryingCostsPropertyAndExplorationRights $3.59M USD 3 Qtrs
Property holding costs CarryingCostsPropertyAndExplorationRights $1.89M USD 1 Quarter
Property holding costs CarryingCostsPropertyAndExplorationRights $1.98M USD 1 Quarter
Property holding costs CarryingCostsPropertyAndExplorationRights $3.30M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $13.11M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $4.73M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $8.60M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $3.23M USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $1.12M USD 3 Qtrs
Depreciation DepreciationDepletionAndAmortization $316.00K USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $809.00K USD 3 Qtrs
Depreciation DepreciationDepletionAndAmortization $312.00K USD 1 Quarter
Revision of estimates and accretion of asset reclamation obligations (note 6) AssetRetirementObligationReclamationGross $125.00K USD 1 Quarter
Revision of estimates and accretion of asset reclamation obligations (note 6) AssetRetirementObligationReclamationGross $541.00K USD 3 Qtrs
Revision of estimates and accretion of asset reclamation obligations (note 6) AssetRetirementObligationReclamationGross $382.00K USD 3 Qtrs
Revision of estimates and accretion of asset reclamation obligations (note 6) AssetRetirementObligationReclamationGross $320.00K USD 1 Quarter
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $-462.00K USD 1 Quarter
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $-535.00K USD 3 Qtrs
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $4.69M USD 1 Quarter
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $13.79M USD 3 Qtrs
Total costs and expenses CostsAndExpenses $60.19M USD 3 Qtrs
Total costs and expenses CostsAndExpenses $10.38M USD 1 Quarter
Total costs and expenses CostsAndExpenses $29.08M USD 3 Qtrs
Total costs and expenses CostsAndExpenses $20.20M USD 1 Quarter
Operating (loss) income OperatingIncomeLoss $3.04M USD 1 Quarter
Operating (loss) income OperatingIncomeLoss $-6.77M USD 1 Quarter
Operating (loss) income OperatingIncomeLoss $-16.82M USD 3 Qtrs
Operating (loss) income OperatingIncomeLoss $20.14M USD 3 Qtrs
Interest and other (expense) income: InterestIncomeExpenseNet $754.00K USD 3 Qtrs
Interest and other (expense) income: InterestIncomeExpenseNet $-478.00K USD 3 Qtrs
Interest and other (expense) income: InterestIncomeExpenseNet $-303.00K USD 1 Quarter
Interest and other (expense) income: InterestIncomeExpenseNet $599.00K USD 1 Quarter
Gain on sale of assets GainLossOnDispositionOfAssets1 $24.00K USD 3 Qtrs
Gain on sale of assets GainLossOnDispositionOfAssets1 $11.00K USD 3 Qtrs
Gain on sale of assets GainLossOnDispositionOfAssets1 $24.00K USD 1 Quarter
Gain on sale of marketable equity securities (note 2) MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $22.00K USD 3 Qtrs
Gain on sale of marketable equity securities (note 2) MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $840.00K USD 3 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities $882.00K USD 3 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities $356.00K USD 3 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities $356.00K USD 1 Quarter
Unrealized (loss) gain on derivatives (note 2) DerivativeGainLossOnDerivativeNet $1.52M USD 3 Qtrs
Unrealized (loss) gain on derivatives (note 2) DerivativeGainLossOnDerivativeNet $136.00K USD 3 Qtrs
Unrealized (loss) gain on derivatives (note 2) DerivativeGainLossOnDerivativeNet $-197.00K USD 1 Quarter
Unrealized (loss) gain on derivatives (note 2) DerivativeGainLossOnDerivativeNet $-933.00K USD 1 Quarter
Foreign currency (loss) gain ForeignCurrencyTransactionGainLossBeforeTax $130.00K USD 1 Quarter
Foreign currency (loss) gain ForeignCurrencyTransactionGainLossBeforeTax $-276.00K USD 1 Quarter
Foreign currency (loss) gain ForeignCurrencyTransactionGainLossBeforeTax $632.00K USD 3 Qtrs
Foreign currency (loss) gain ForeignCurrencyTransactionGainLossBeforeTax $799.00K USD 3 Qtrs
Total other (expense) income NonoperatingIncomeExpense $952.00K USD 3 Qtrs
Total other (expense) income NonoperatingIncomeExpense $-1.87M USD 1 Quarter
Total other (expense) income NonoperatingIncomeExpense $556.00K USD 1 Quarter
Total other (expense) income NonoperatingIncomeExpense $2.07M USD 3 Qtrs
(Loss) Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.60M USD 1 Quarter
(Loss) Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-15.87M USD 3 Qtrs
(Loss) Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $22.22M USD 3 Qtrs
(Loss) Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-8.64M USD 1 Quarter
Income tax recovery (note 7) IncomeTaxExpenseBenefit $-607.00K USD 1 Quarter
Income tax recovery (note 7) IncomeTaxExpenseBenefit $-3.33M USD 3 Qtrs
Income tax recovery (note 7) IncomeTaxExpenseBenefit $-3.07M USD 3 Qtrs
Income tax recovery (note 7) IncomeTaxExpenseBenefit $-564.00K USD 1 Quarter
Net (loss) income NetIncomeLoss $4.21M USD 1 Quarter
Net (loss) income NetIncomeLoss $-12.80M USD 3 Qtrs
Net (loss) income NetIncomeLoss $-8.07M USD 1 Quarter
Net (loss) income NetIncomeLoss $25.55M USD 3 Qtrs
Reclassification of unrealized gain on marketable securities disposed of during the period, net of taxes (note 2) OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-840.00K USD 3 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsPortionsInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities $-882.00K USD 3 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsPortionsInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities $-356.00K USD 1 Quarter
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsPortionsInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities $-356.00K USD 3 Qtrs
Unrealized (loss) gain on available-for-sale securities, net of taxes OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $2.07M USD 3 Qtrs
Unrealized (loss) gain on available-for-sale securities, net of taxes OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $1.79M USD 3 Qtrs
Unrealized (loss) gain on available-for-sale securities, net of taxes OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-1.57M USD 1 Quarter
Unrealized (loss) gain on available-for-sale securities, net of taxes OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $290.00K USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $-9.29M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $4.50M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $28.22M USD 3 Qtrs
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $-11.22M USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.09 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.01 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.04 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $-0.03 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.04 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $-0.03 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.01 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.09 USD 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 314.08M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 298.33M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 298.51M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 307.44M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 307.44M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 300.00M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 301.05M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 314.08M 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 1 Quarter
Return of capital distribution declared per common share (note 8) ReturnOfCapitalDistributionDeclaredPerCommonShare $0.01 USD 3 Qtrs
Return of capital distribution declared per common share (note 8) ReturnOfCapitalDistributionDeclaredPerCommonShare $0.01 USD 3 Qtrs
Cash Flow Statement 90 line items
Line Item Tag Value Unit Period
Collection of VAT taxes receivable CollectionOfValueAddedTaxesReceivable $9.52M USD 3 Qtrs
Collection of VAT taxes receivable CollectionOfValueAddedTaxesReceivable $1.61M USD 3 Qtrs
Cash paid to suppliers and employees PaymentsToSuppliersAndEmployees $59.90M USD 3 Qtrs
Cash paid to suppliers and employees PaymentsToSuppliersAndEmployees $37.44M USD 3 Qtrs
Cash received from gold and silver sales ProceedsFromCustomers $48.35M USD 3 Qtrs
Cash received from gold and silver sales ProceedsFromCustomers $43.37M USD 3 Qtrs
Dividends received from Minera Santa Cruz S.A. (note 5) ProceedsFromDividendsReceived $7.20M USD 3 Qtrs
Dividends received from Minera Santa Cruz S.A. (note 5) ProceedsFromDividendsReceived $13.27M USD 3 Qtrs
Interest received ProceedsFromInterestReceived $222.00K USD 3 Qtrs
Interest received ProceedsFromInterestReceived $112.00K USD 3 Qtrs
Cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-9.22M USD 3 Qtrs
Cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $24.41M USD 3 Qtrs
Acquisition of mineral property interests PaymentsToAcquireMiningAssets $5.95M USD 3 Qtrs
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $944.00K USD 3 Qtrs
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.09M USD 3 Qtrs
Proceeds from sale of investments (note 2) ProceedsFromSaleOfAvailableForSaleSecuritiesEquity $470.00K USD 3 Qtrs
Proceeds from sale of investments (note 2) ProceedsFromSaleOfAvailableForSaleSecuritiesEquity $470.00K USD Annual
Proceeds from sale of investments (note 2) ProceedsFromSaleOfAvailableForSaleSecuritiesEquity $2.15M USD 3 Qtrs
Acquisition costs of Lexam VG Gold, net of cash and cash equivalents acquired (note 15) PaymentsToAcquireBusinessesNetOfCashAcquired $840.00K USD 3 Qtrs
Proceeds from disposal of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $33.00K USD 3 Qtrs
Proceeds from disposal of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $994.00K USD 3 Qtrs
Acquisition of investments PaymentsToAcquireMarketableSecurities $4.42M USD Annual
Acquisition of investments PaymentsToAcquireMarketableSecurities $2.52M USD 3 Qtrs
Cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $404.00K USD 3 Qtrs
Cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-8.09M USD 3 Qtrs
Proceeds from equity issuance (note 8) ProceedsFromIssuanceOfCommonStock $42.45M USD 3 Qtrs
Proceeds from warrants issuance (note 8) ProceedsFromIssuanceOfWarrants $4.12M USD 3 Qtrs
Share and warrant issuance costs (note 8) PaymentsOfStockIssuanceCosts $3.35M USD 3 Qtrs
Share and warrant issuance costs (note 8) PaymentsOfStockIssuanceCosts $3.40M USD Point-in-time
Repayment of short-term bank indebtedness RepaymentsOfShortTermDebt $3.40M USD 3 Qtrs
Return of capital distribution (note 8) PaymentsOfCapitalDistribution $3.06M USD 3 Qtrs
Return of capital distribution (note 8) PaymentsOfCapitalDistribution $2.99M USD 3 Qtrs
Share repurchase PaymentsForRepurchaseOfCommonStock $582.00K USD 3 Qtrs
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $47.00K USD 3 Qtrs
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $3.50M USD 3 Qtrs
Cash provided by (used) in financing activities NetCashProvidedByUsedInFinancingActivities $-3.46M USD 3 Qtrs
Cash provided by (used) in financing activities NetCashProvidedByUsedInFinancingActivities $40.21M USD 3 Qtrs
Effect of exchange rate change on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $131.00K USD 3 Qtrs
Effect of exchange rate change on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $80.00K USD 3 Qtrs
Increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $12.94M USD 3 Qtrs
Increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $31.52M USD 3 Qtrs
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $68.96M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $37.44M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $38.81M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $25.87M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $68.96M 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 $38.81M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $25.87M USD Point-in-time
Net (loss) income ProfitLoss $25.55M USD 3 Qtrs
Net (loss) income ProfitLoss $-12.80M USD 3 Qtrs
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $-462.00K USD 1 Quarter
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $-535.00K USD 3 Qtrs
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $4.69M USD 1 Quarter
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) IncomeLossFromEquityMethodInvestments $13.79M USD 3 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities $882.00K USD 3 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities $356.00K USD 3 Qtrs
Other-than-temporary impairment on marketable equity securities (note 2) OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities $356.00K USD 1 Quarter
Gain (loss) on disposal of fixed assets GainLossOnSaleOfProperty $11.00K USD 3 Qtrs
Gain (loss) on disposal of fixed assets GainLossOnSaleOfProperty $-517.00K USD 3 Qtrs
Recovery of deferred income taxes (note 7) DeferredIncomeTaxExpenseBenefit $-3.07M USD 3 Qtrs
Recovery of deferred income taxes (note 7) DeferredIncomeTaxExpenseBenefit $-3.33M USD 3 Qtrs
Gain on sale of marketable securities (note 2) MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $22.00K USD 3 Qtrs
Gain on sale of marketable securities (note 2) MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $840.00K USD 3 Qtrs
Stock-based compensation (note 9) StockOptionPlanExpense $770.00K USD 3 Qtrs
Stock-based compensation (note 9) StockOptionPlanExpense $1.08M USD 3 Qtrs
Depreciation DepreciationDepletionAndAmortization $1.12M USD 3 Qtrs
Depreciation DepreciationDepletionAndAmortization $316.00K USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $809.00K USD 3 Qtrs
Depreciation DepreciationDepletionAndAmortization $312.00K USD 1 Quarter
Revision of estimates and accretion of asset reclamation obligations (note 6) AccretionExpenseIncludingAssetRetirementObligations $382.00K USD 3 Qtrs
Revision of estimates and accretion of asset reclamation obligations (note 6) AccretionExpenseIncludingAssetRetirementObligations $541.00K USD 3 Qtrs
Amortization of mineral property interests and asset retirement obligations MineralPropertyInterestsAndAssetRetirementObligationsAmortization $1.84M USD 3 Qtrs
Amortization of mineral property interests and asset retirement obligations MineralPropertyInterestsAndAssetRetirementObligationsAmortization $1.51M USD 3 Qtrs
Foreign exchange gain ForeignCurrencyTransactionGainLossUnrealized $131.00K USD 3 Qtrs
Foreign exchange gain ForeignCurrencyTransactionGainLossUnrealized $80.00K USD 3 Qtrs
Unrealized gain on derivative investments (note 2) DerivativeGainLossOnDerivativeNet $1.52M USD 3 Qtrs
Unrealized gain on derivative investments (note 2) DerivativeGainLossOnDerivativeNet $136.00K USD 3 Qtrs
Unrealized gain on derivative investments (note 2) DerivativeGainLossOnDerivativeNet $-197.00K USD 1 Quarter
Unrealized gain on derivative investments (note 2) DerivativeGainLossOnDerivativeNet $-933.00K USD 1 Quarter
(Increase) decrease in VAT taxes receivable, net of collection of $1,610 (2016 - $9,523) IncreaseDecreaseInValueAddedTaxReceivable $6.76M USD 3 Qtrs
(Increase) decrease in VAT taxes receivable, net of collection of $1,610 (2016 - $9,523) IncreaseDecreaseInValueAddedTaxReceivable $-3.61M USD 3 Qtrs
Increase (decrease) in other assets related to operations IncreaseDecreaseInOtherOperatingAssets $4.36M USD 3 Qtrs
Increase (decrease) in other assets related to operations IncreaseDecreaseInOtherOperatingAssets $8.16M USD 3 Qtrs
Increase in liabilities related to operations IncreaseDecreaseInOperatingLiabilities $3.38M USD 3 Qtrs
Increase in liabilities related to operations IncreaseDecreaseInOperatingLiabilities $530.00K USD 3 Qtrs
Dividends received from Minera Santa Cruz S.A. (note 5) ProceedsFromDividendsReceived $7.20M USD 3 Qtrs
Dividends received from Minera Santa Cruz S.A. (note 5) ProceedsFromDividendsReceived $13.27M USD 3 Qtrs
Cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-9.22M USD 3 Qtrs
Cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $24.41M USD 3 Qtrs
Stockholders Equity 29 line items
Line Item Tag Value Unit Period
Balance StockholdersEquity $447.21M USD Point-in-time
Balance StockholdersEquity $443.04M USD Point-in-time
Balance StockholdersEquity $418.29M USD Point-in-time
Balance StockholdersEquity $511.25M USD Point-in-time
Stock-based compensation (note 9) StockIssuedDuringPeriodValueShareBasedCompensation $1.08M USD 3 Qtrs
Stock-based compensation (note 9) StockIssuedDuringPeriodValueShareBasedCompensation $770.00K USD 3 Qtrs
Return of capital distribution (note 8) StockholdersEquityPaymentsOfCapitalDistribution $3.06M USD 3 Qtrs
Return of capital distribution (note 8) StockholdersEquityPaymentsOfCapitalDistribution $2.99M USD 3 Qtrs
Shares issued in connection with the acquisition of Lexam VG Gold (note 15) StockIssuedDuringPeriodValueAcquisitions $38.14M USD 3 Qtrs
Exercise of stock options (note 8) StockIssuedDuringPeriodValueStockOptionsExercised $47.00K USD 3 Qtrs
Exercise of stock options (note 8) StockIssuedDuringPeriodValueStockOptionsExercised $3.50M USD 3 Qtrs
Exercise of stock options (note 8) (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 1.38M shares 3 Qtrs
Warrants issued in connection with the equity issuance (note 8) WarrantsEquityLinkedFinancialInstrument $3.82M USD Point-in-time
Share repurchase TreasuryStockValueAcquiredCostMethod $582.00K USD 3 Qtrs
Unrealized gain on available-for-sale securities, net of taxes (note 2) AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax $2.67M USD 3 Qtrs
Shares issued in connection with the equity issuance (note 8) StockIssuedDuringPeriodValueNewIssues $43.20M USD Point-in-time
Shares issued in connection with the equity issuance (note 8) StockIssuedDuringPeriodValueNewIssues $39.40M USD 3 Qtrs
Shares issued in connection with the equity issuance (note 8) (in shares) StockIssuedDuringPeriodSharesNewIssues 20.70M shares Point-in-time
Other comprehensive income (note 2) OtherComprehensiveIncomeLossNetOfTax $1.58M USD 3 Qtrs
Other comprehensive income (note 2) OtherComprehensiveIncomeLossNetOfTax $1.80M USD 3 Qtrs
Other comprehensive income (note 2) OtherComprehensiveIncomeLossNetOfTax $300.00K USD 1 Quarter
Net income NetIncomeLoss $4.21M USD 1 Quarter
Net income NetIncomeLoss $-12.80M USD 3 Qtrs
Net income NetIncomeLoss $-8.07M USD 1 Quarter
Net income NetIncomeLoss $25.55M USD 3 Qtrs
Balance StockholdersEquity $447.21M USD Point-in-time
Balance StockholdersEquity $443.04M USD Point-in-time
Balance StockholdersEquity $418.29M USD Point-in-time
Balance StockholdersEquity $511.25M USD Point-in-time

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

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