Financial Data
(in thousands of US$) |
2012 |
2011 |
2010 |
2009 |
2008 |
| Revenues |
$ 237,962 |
$ 167,327 |
$ 107,164 |
$ 83,523 |
$ 108,363 |
| Net earnings |
$ 73,838 |
$ 67,655 |
$ 38,547 |
$ (15,997) |
$ 59,937 |
| Cash flow from operations |
$ 113,278 |
$ 104,033 |
$ 65,983 |
$ 46,986 |
$ 79,786 |
| Net profit margin |
31% |
40% |
36% |
N/A |
55% |
| Cash and Short Term Investments |
$ 154,511 |
$ 206,261 |
$ 94,659 |
$ 65,432 |
$ 84,239 |
| Total Assets |
$ 575,434 |
$ 506,615 |
$ 279,454 |
$ 205,202 |
$ 190,267 |
| Long-term debt |
$ - |
$ - |
$ - |
$ - |
$ - |
| Capital expenditures |
$ 45,863 |
$ 27,446 |
$ 21,218 |
$ 49,812 |
$ 44,035 |
| |
Production Data
(in $US) |
| Silver sold (thousands of ounces) |
5,618 |
5,300 |
4,624 |
4,189 |
3,961 |
| Realized price net of VAT and smelter charge |
$ 27.78 |
$ 18.08 |
$ 11.77 |
$ 10.17 |
$ 11.28 |
| Gold sold (thousands of ounces) |
8.8 |
3.2 |
1.6 |
2.2 |
2.0 |
| Realized price net of VAT and smelter charge |
$ 1,257 |
$ 909 |
$ 703 |
$ 614 |
$ 595 |
| Lead sold (thousands of pounds) |
72,804 |
69,011 |
62,374 |
53,066 |
49,624 |
| Realized price net of VAT and smelter charge |
$ 0.85 |
$ 0.83 |
$0.69 |
$0.65 |
$0.98 |
| Zinc sold (thousands of pounds) |
13,749 |
16,343 |
14,740 |
12,957 |
15,912 |
| Realized price net of VAT and smelter charge |
$ 0.68 |
$ 0.67 |
$ 0.57 |
$ 0.41 |
$ 0.88 |
| Total cash cost for silver adjusted for by-product credits |
$ (5.13) |
$ (6.80) |
$ (6.22) |
$ (2.77) |
$ (10.99) |
| Average Production Cost |
| Silver ($/ounce) |
$ 7.14 |
$ 4.53 |
$ 3.06 |
$ 4.34 |
$ 2.44 |
| Gold ($/ounce) |
$ 323.05 |
$ 227.82 |
$ 183.14 |
$ 262.24 |
$ 119.74 |
| Lead ($/pound) |
$ 0.22 |
$ 0.21 |
$ 0.18 |
$ 0.28 |
$ 0.21 |
| Zinc ($/pound) |
$ 0.17 |
$ 0.17 |
$ 0.15 |
$ 0.18 |
$ 0.19 |
| Head Grades of Run of Mine Ores |
| Silver (gram/tonne) |
287.0 |
316.0 |
394.8 |
311.6 |
420.3 |
| Gold (gram/tonne) |
2.4 |
- |
- |
- |
- |
| Lead (%) |
5.2 |
5.7 |
7.5 |
5.6 |
7.4 |
| Zinc (%) |
1.4 |
1.9 |
2.5 |
1.9 |
2.7 |
| |
| Per Share Data
|
| Earnings (loss) |
| Basic |
$ 0.43 |
$ 0.40 |
$ 0.24 |
$ (0.11) |
$ 0.41 |
| Diluted |
$ 0.43 |
$ 0.40 |
$ 0.24 |
$ (0.11) |
$ 0.40 |
| Cash flow |
$ 0.72 |
$ 0.55 |
$ 0.40 |
$ 0.31 |
$ 0.54 |
| Dividends declared (CAD) |
$ 0.09 |
$ 0.08 |
$ 0.08 |
$ 0.08 |
$ 0.05 |
| |
| Shareholder Data |
Basic shares outstanding
(weighted average) |
172,487,486 |
167,806,101 |
162,287,528 |
152,350,041 |
147,660,730 |
| Warrants outstanding |
50,000 |
50,000 |
- |
- |
3,742,119 |
| Outstanding options |
3,834,253 |
2,888,950 |
3,204,683 |
3,524,703 |
3,234,685 |
| Fully diluted (weighted average) |
173,214,711 |
169,192,836 |
163,571,019 |
152,350,041 |
150,954,072 |