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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
$ / shares
shares
Sep. 30, 2017
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
$ / shares
shares
REVENUE:        
Gold and silver sales $ 13,430 $ 13,423 $ 43,373 $ 49,226
Total Revenue 13,430 13,423 43,373 49,226
COSTS AND EXPENSES:        
Production costs applicable to sales 8,649 6,409 24,193 21,239
Mine development costs 1,382 934 3,217 2,948
Exploration costs 2,356 2,166 13,886 5,595
Property holding costs 1,979 1,892 3,590 3,297
General and administrative 4,734 3,233 13,105 8,601
Depreciation 316 312 1,125 809
Revision of estimates and accretion of asset reclamation obligations (note 6) 320 125 541 382
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) 462 (4,693) 535 (13,789)
Total costs and expenses 20,198 10,378 60,192 29,082
Operating (loss) income (6,768) 3,045 (16,819) 20,144
OTHER (EXPENSE) INCOME:        
Interest and other (expense) income: (303) 599 (478) 754
Gain on sale of assets   24 11 24
Gain on sale of marketable equity securities (note 2)     840 22
Other-than-temporary impairment on marketable equity securities (note 2) (356)   (356) (882)
Unrealized (loss) gain on derivatives (note 2) (933) (197) 136 1,522
Foreign currency (loss) gain (276) 130 799 632
Total other (expense) income (1,868) 556 952 2,072
(Loss) Income before income taxes (8,636) 3,601 (15,867) 22,216
Income tax recovery (note 7) (564) (607) (3,067) (3,330)
Net (loss) income (8,072) 4,208 (12,800) 25,546
OTHER COMPREHENSIVE (LOSS) INCOME:        
Reclassification of unrealized gain on marketable securities disposed of during the period, net of taxes (note 2)     (840)  
Other-than-temporary impairment on marketable equity securities (note 2) 356   356 882
Unrealized (loss) gain on available-for-sale securities, net of taxes (1,573) 290 2,066 1,790
Comprehensive (loss) income $ (9,289) $ 4,498 $ (11,218) $ 28,218
Net (loss) income per share (note 10):        
Basic (in dollars per share) | $ / shares $ (0.03) $ 0.01 $ (0.04) $ 0.09
Diluted (in dollars per share) | $ / shares $ (0.03) $ 0.01 $ (0.04) $ 0.09
Weighted average common shares outstanding (thousands) (note 10):        
Basic (in shares) | shares 314,077 298,510 307,445 298,330
Diluted (in shares) | shares 314,077 301,045 307,445 299,995
Return of capital distribution declared per common share (note 8) | $ / shares 0.005 0.005 0.010 0.005