Loss per share

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Loss per share

Loss per share

	Year ended December 31, 2024		Year ended December 31, 2023
Total net loss	$	(137.7)	$	(138.0)
Weighted average number of common shares (in millions)	23.5		22.2
Effect of dilutive securities:
Stock options	—		—
Restricted share units	—		—
Dilutive number of shares	23.5		22.2
Basic and diluted loss per share	$	(5.86)	$	(6.22)

Adjustments for diluted loss per share were not made for the years ended December 31, 2024, and 2023, as they would be anti-dilutive in nature. The following table presents shares 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	December 31, 2024	December 31, 2023
Stock options	0.2	0.5
Convertible debt
KSP Convertible Notes	1.3	1.2
Glencore Convertible Notes	62.5	3.0
Restricted share units	1.8	1.2
Total	65.8	5.9