| Dec'17 | Dec'16 | |||||
|---|---|---|---|---|---|---|
Sales | ||||||
49,208 | 41,634 | |||||
Royalty revenue | ||||||
19,067 | 20,737 | |||||
Total revenue | ||||||
68,275 | 62,371 | |||||
Cost of sales excluding depletion | ||||||
15,321 | 12,834 | |||||
Depletion | ||||||
29,580 | 27,654 | |||||
Total cost of sales | ||||||
44,901 | 40,488 | |||||
Gross Profit | ||||||
23,374 | 21,883 | |||||
Expenses and other (income) | ||||||
Administration expenses | ||||||
6,736 | 5,031 | |||||
Project evaluation | ||||||
4,564 | 5,064 | |||||
Foreign exchange (gain) loss | ||||||
2,434 | -87 | |||||
(Gain) on revaluation of investments | ||||||
5,827 | 22,093 | |||||
Finance income | ||||||
722 | 2,598 | |||||
Finance expense | ||||||
2,187 | 2,993 | |||||
Mineral, royalty and other interests impairments | ||||||
9,104 | 2,507 | |||||
(Gain) loss on mineral interest disposal and other | ||||||
4,848 | -1,107 | |||||
Income before taxes | ||||||
14,614 | 29,785 | |||||
Current income tax expense | ||||||
868 | 306 | |||||
Deferred income tax expense | ||||||
3,209 | 4,225 | |||||
Total tax expense (income) | ||||||
4,077 | 4,531 | |||||
Net income for the year | ||||||
10,537 | 25,254 | |||||
Earnings per share | ||||||
Basic earnings per share | ||||||
0.06 | 0.18 | |||||
Diluted earnings per share | ||||||
0.06 | 0.17 | |||||
Weighted average number of common shares outstanding | ||||||
Basic | ||||||
167,265 | 144,159 | |||||
Diluted | ||||||
174,703 | 149,961 | |||||