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Note 6 - Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2024
Table Text Block [Abstract]  
Summary of Dividends Declared Pursuant to Dividend Policy

The following table summarizes the dividends our Board of Directors have declared and we have paid during 2024 pursuant to our dividend policy:

Quarter

 

Prior Quarter Realized Silver Price

 

Silver-linked component

 

Minimum component

 

Total dividend per share

First 2024

 

23.47

 

$0.0025

 

$0.00375

 

$0.00625

First 2023

 

22.03

 

$0.0025

 

$0.00375

 

$0.00625

Schedule of Accumulated other comprehensive income (loss)

The following table lists the beginning balance, quarterly activity and ending balances, net of income and mining tax, of each component of “Accumulated other comprehensive income (loss), net” (in thousands):

 

Changes in fair value of derivative contracts designated as hedge transactions

 

 

Adjustments
For Pension Plans

 

 

Total
Accumulated
Other
Comprehensive
Income (Loss), Net

 

Balance January 1, 2024

 

$

13,708

 

 

$

(7,871

)

 

 

5,837

 

Change in fair value of derivative contracts

 

 

(6,835

)

 

 

 

 

 

(6,835

)

Gains and deferred gains transferred from accumulated other comprehensive income

 

 

1,432

 

 

 

 

 

 

1,432

 

Balance March 31, 2024

 

$

8,305

 

 

$

(7,871

)

 

$

434

 

 

 

 

 

 

 

 

 

 

 

Balance January 1, 2023

 

$

9,162

 

 

$

(6,714

)

 

$

2,448

 

Changes in fair value of derivative contracts

 

$

8,665

 

 

 

 

 

$

8,665

 

Gains and deferred gains transferred from accumulated other comprehensive income

 

$

(2,149

)

 

 

 

 

$

(2,149

)

Balance March 31, 2023

 

$

15,678

 

 

$

(6,714

)

 

$

8,964