Loss per share

9 Months Ended

Sep. 30, 2024


	For the three months ended September 30, 2024		For the three months ended September 30, 2023		For the nine months ended September 30, 2024		For the nine months ended September 30, 2023
Total net income (loss)	$	56.5	$	(30.7)	$	(88.4)	$	(99.0)
Weighted average number of common shares (in millions)	23.2		22.3		23.2		22.2
Effect of dilutive securities:
Stock options	—		—		—		—
Restricted share units	3.0		—		—		—



Dilutive number of shares	$	26.2	$	22.3	$	23.2	$	22.2
Profit (loss) per common share - diluted	$	2.15	$	(1.38)	$	(3.81)	$	(4.47)
Profit (loss) per common share - basic	$	2.43	$	(1.38)	$	(3.81)	$	(4.47)

Adjustments for diluted loss per share were not made for the nine months ending September 30, 2024 and and three and nine months ending September 2023, as they would be anti-dilutive. The following table presents shares (denominated in millions) from instruments that could dilute basic loss per share in the future, but were not included in the calculation of diluted loss per share because they are antidilutive for the periods presented:


As at	September 30, 2024	September 30, 2023
Stock options	0.2	0.5

Convertible debt
KSP Convertible Notes	1.2	1.1
Glencore Convertible Notes	21.8	2.7
Restricted share units	3.0	0.4
Total	26.3	4.7