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Consolidated Statements of Income (Loss) and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
EXPENSES    
Accounting and audit $ 517 $ 442
Amortization 146 121
Filing and transfer agent fees 274 301
General exploration and business development 102 38
General office expenses 647 473
Insurance 1,316 610
Legal 161 371
Management compensation and consulting fees 3,736 3,259
Share-based payment expense 4,256 3,122
Shareholder relations 273 298
Travel 35 58
Total expenses, by nature 11,463 9,093
INTEREST INCOME 174 637
FOREIGN EXCHANGE GAIN 61 171
INCOME FROM EQUITY ACCOUNTED INVESTMENT IN JUANICIPIO 15,686 2,214
INCOME (LOSS) FOR THE YEAR BEFORE INCOME TAX 4,458 (6,071)
DEFERRED INCOME TAX BENEFIT (EXPENSE) 1,567 (1,026)
INCOME (LOSS) FOR THE YEAR 6,025 (7,097)
OTHER COMPREHENSIVE INCOME (LOSS):Items that will not be reclassified subsequently to profit or loss:    
UNREALIZED (LOSS) GAIN ON EQUITY SECURITIES (4,401) 14,493
NET OF DEFERRED TAX BENEFIT (EXPENSE) 597 (1,713)
Other comprehensive income, net of tax, available-for-sale financial assets (3,804) 12,780
TOTAL COMPREHENSIVE INCOME $ 2,221 $ 5,683
BASIC AND DILUTED INCOME (LOSS) PER SHARE (in dollars per share) $ 0.06 $ (0.08)
Basic weighted average number of shares outstanding (in shares) 95,181,258 91,108,622
DILUTED (in shares) 95,459,515 91,108,622