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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
EXPENSES      
Amortization $ 173,667 $ 154,939 $ 142,323
Exploration 1,610,502 748,497 474,025
General and administrative 377,345 578,176 344,710
LOSS BEFORE OTHER ITEMS (2,161,514) (1,481,612) (961,058)
OTHER ITEMS      
Foreign exchange gain (loss) (426,420) (124,558) (40,849)
Net gain (loss) gain on trading securities 714,523 1,346,699 1,485,100
Other income 55,972 45,589 48,476
Impairment on marketable securities (211,018) 0 0
Recovery of gold 4,074,170 2,373,592 1,878,198
Change in fair value warrant derivative liability 0 137,313 (21,520)
Total other items 4,207,227 3,778,635 3,349,405
Consolidated pre tax income for the year 2,045,713 2,297,023 2,388,347
Income tax expense (1,088,192) (294,992) 0
Net income after tax 957,521 2,002,031 2,388,347
Net gain attributable to non-controlling interest (121,545) (141,782) (140,390)
Net income attributable to Xtra-Gold Resources Corp. $ 835,976 $ 1,860,249 $ 2,247,957
Basic income attributable to common shareholders per common share $ 0.02 $ 0.04 $ 0.05
Diluted income attributable to common shareholders per common share $ 0.02 $ 0.04 $ 0.05
Basic weighted average number of common shares outstanding 46,779,574 46,645,387 46,095,232
Diluted weighted average number of common shares outstanding 48,925,574 49,033,887 49,589,430