Receivables (Tables)

9 Months Ended

Sep. 30, 2023

Receivables [Abstract]

Receivables

Receivables consist of the following:

In thousands	September 30, 2023		December 31, 2022
Current receivables:
Trade receivables	$	2,637	$	6,302
VAT receivable	15,116		10,741
Income tax receivable	9,791		9,719
Avino note receivable (1)	—		4,926
Gold and silver forwards realized gains (2)	1,995		4,059
Other	599		586
	$	30,138	$	36,333
Non-current receivables:
Other tax receivable (3)	$	8,534	$	—
Deferred cash consideration (1)	—		7,677
Contingent consideration (1)	14,029		14,346
	$	22,563	$	22,023
Total receivables	$	52,701	$	58,356

(1) See Note 11 -- Fair Value Measurements for additional details on the note receivable, deferred cash consideration and contingent consideration. In March 2023, the Company received payment of $5.0 million related to the Avino note receivable. In May 2023, the Company sold the deferred cash consideration, two royalties, and contingent consideration received in connection with the sale of La Preciosa project (the "La Preciosa Deferred Consideration"). The contingent consideration at September 30, 2023 relates to consideration received from the sale of Sterling and the contingent consideration received from the sale of the La Preciosa Deferred Consideration.

(2) Represents realized gains on gold and silver forward hedges from September 2023 that contractually settle in subsequent months. See Note 12 -- Derivative Financial Instruments & Hedging for additional details on the gold and silver forward hedges.

(3) Consists of exploration credit refunds at Silvertip.