v3.25.1
Interim Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Apr. 30, 2025
Apr. 30, 2024
Revenue $ 0 $ 0 $ 66,837 $ 224
Cost of revenues 0 0 (42,360) (187)
GROSS PROFIT 0 0 24,477 37
OPERATING COSTS        
Mineral property expenditures 15,680 9,071 43,437 21,448
General and administrative 6,378 4,219 18,293 14,314
Depreciation, amortization, and accretion 1,405 551 3,048 1,620
TOTAL OPERATING COSTS 23,463 13,841 64,778 37,382
LOSS FROM OPERATIONS (23,463) (13,841) (40,301) (37,345)
OTHER INCOME (EXPENSES)        
Interest expense and finance costs (404) (205) (1,034) (620)
Loss from equity-accounted investment (2,255) 3,306 (3,722) 4,958
Fair value loss on equity securities (4,266) (13,804) (22,583) 23,585
Gain (loss) on revaluation of derivative liabilities 0 2,071 1,706 (9,892)
Interest income 571 993 2,897 1,559
Other 39 (28) 101 16
OTHER INCOME (EXPENSES) (6,315) (7,667) (22,635) 19,606
LOSS BEFORE INCOME TAXES (29,778) (21,508) (62,936) (17,739)
DEFERRED TAX RECOVERY (EXPENSE) (434) 1,831 2,332 3,633
NET LOSS FOR THE PERIOD (30,212) (19,677) (60,604) (14,106)
OTHER COMPREHENSIVE INCOME (LOSS)        
Translation gain (loss) 10,416 (5,850) (81) (9,167)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) 10,416 (5,850) (81) (9,167)
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ (19,796) $ (25,527) $ (60,685) $ (23,273)
Net Loss Per Share – Basic (in dollars per share) $ (0.07) $ (0.05) $ (0.14) $ (0.04)
Net Loss Per Share – Diluted (in dollars per share) $ (0.07) $ (0.05) $ (0.14) $ (0.04)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING,        
Basic Weighted Average Number of Shares (in shares) 429,941,797 404,104,490 421,670,287 393,425,716
Diluted (in shares) 429,941,797 404,104,490 421,670,287 393,425,716