B 
5.80
-2.03%
Close of 9 Nov 2026, in CAD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CAD, from our data supplier.
Revenue
C$1.48bn
FY2016FY2025
Net income
−C$603.8m
FY2016FY2025
Free cash flow
C$246.5m
FY2016FY2025
Shareholders' equity
C$2.39bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$1.48bn | C$4.21bn | C$2.71bn | C$2.89bn | C$1.87bn | C$975.5m | C$1.81bn | C$1.43bn | C$1.09bn | C$780.1m |
| Operating income | C$226.3m | C$770.3m | C$643.2m | C$943.6m | C$521.7m | −C$2.48bn | C$159.5m | C$41.1m | C$57.7m | C$246.0m |
| Net income | −C$603.8m | C$236.6m | −C$233.4m | C$855.6m | C$1.61bn | −C$2.44bn | −C$12.5m | −C$325.3m | C$87.2m | −C$485.2m |
| Diluted earnings per share | -0.78 | 0.31 | -0.28 | 1.55 | 2.83 | -4.34 | -0.02 | -0.58 | 0.37 | -2.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$3.35bn | C$7.76bn | C$7.46bn | C$5.10bn | C$4.83bn | C$3.41bn | C$5.91bn | C$6.38bn | C$4.37bn | C$4.59bn |
| Cash and short-term investments | C$953.1m | C$16.6m | C$55.8m | C$5.5m | −C$7.8m | −C$11.1m | C$5.6m | C$79.6m | C$18.5m | C$2.7m |
| Total liabilities | C$956.4m | C$3.59bn | C$3.64bn | C$2.07bn | C$2.62bn | C$2.83bn | C$2.97bn | C$3.32bn | C$2.46bn | C$2.62bn |
| Debt | C$118.0m | C$2.28bn | C$2.44bn | C$937.2m | C$1.39bn | C$1.79bn | C$1.85bn | C$2.10bn | C$1.69bn | C$1.75bn |
| Shareholders' equity | C$2.39bn | C$4.17bn | C$3.83bn | C$3.03bn | C$2.21bn | C$578.2m | C$2.95bn | C$3.06bn | C$1.91bn | C$1.98bn |
| Shares outstanding | 769m | 774m | 834m | 551m | 570m | 562m | 560m | 559m | 236m | 236m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$1.49bn | C$1.91bn | C$1.30bn | C$1.17bn | C$712.4m | C$353.1m | C$834.9m | C$485.3m | C$325.2m | C$247.4m |
| Capital spending | −C$1.24bn | −C$1.31bn | −C$1.06bn | −C$524.0m | −C$315.8m | −C$282.6m | −C$556.5m | −C$498.2m | −C$398.1m | −C$224.9m |
| Free cash flow | C$246.5m | C$593.8m | C$239.6m | C$648.8m | C$396.6m | C$70.5m | C$278.4m | −C$12.9m | −C$72.9m | C$22.5m |
| Dividends paid | −C$69.2m | −C$72.0m | −C$37.5m | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$549.6m | C$401.4m | −C$1.33bn | C$927.6m | C$886.6m | C$999.1m | C$1.02bn | C$850.8m |
| Operating income | C$203.0m | C$46.5m | −C$220.6m | C$93.4m | C$149.6m | C$137.1m | C$73.1m | C$265.9m |
| Net income | C$174.9m | −C$67.3m | −C$856.9m | C$32.0m | C$151.5m | C$69.6m | −C$38.5m | C$185.2m |
| Diluted earnings per share | 0.24 | -0.09 | -1.11 | 0.04 | 0.20 | 0.09 | -0.05 | 0.24 |
| Cash from operations | C$230.0m | C$122.0m | C$227.0m | C$472.0m | C$354.0m | C$431.0m | C$468.0m | C$550.0m |
| Capital spending | −C$122.0m | −C$151.0m | −C$143.0m | −C$330.0m | −C$357.0m | −C$406.0m | −C$211.0m | −C$308.0m |
| Free cash flow | C$108.0m | −C$29.0m | C$84.0m | C$142.0m | −C$3.0m | C$25.0m | C$257.0m | C$242.0m |
| Total assets | C$3.17bn | C$3.25bn | C$3.35bn | C$7.60bn | C$7.55bn | C$7.82bn | C$7.76bn | C$7.61bn |
| Cash and short-term investments | C$720.3m | C$757.9m | C$953.1m | C$10.4m | C$7.2m | C$6.0m | C$16.6m | C$21.3m |
| Debt | C$99.7m | C$97.0m | C$125.2m | C$2.01bn | C$2.13bn | C$2.20bn | C$2.29bn | C$2.29bn |
| Shareholders' equity | C$2.15bn | C$2.13bn | C$2.39bn | C$4.19bn | C$4.08bn | C$4.20bn | C$4.17bn | C$3.98bn |
Financial ratios
Data as of 19 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 0.6% | 14.2% | -13.2% | 33.8% | 95.9% | -255.5% |
| Net margin | -40.8% | 5.6% | -8.6% | 29.6% | 86.4% | -250.0% |
| Return on equity | -25.3% | 5.7% | -6.1% | 28.2% | 73.0% | -421.8% |
| Return on assets | -18.0% | 3.0% | -3.1% | 16.8% | 33.4% | -71.6% |
| Free cash flow yield | 47.3% | 55.6% | 37.6% | 41.1% | 24.1% | 15.1% |
| Revenue growth | -64.8% | 55.2% | -6.1% | 54.6% | 91.5% | -46.0% |
| Earnings growth | -355.2% | -201.4% | -127.3% | -47.0% | -166.2% | 19475.9% |
| Current ratio | 3.61x | 0.78x | 0.79x | 0.85x | 0.54x | 0.57x |
| Debt to equity | 0.04x | 0.54x | 0.63x | 0.31x | 0.63x | 3.09x |
| Equity ratio | 71.4% | 53.8% | 51.3% | 59.4% | 45.7% | 17.0% |
| Interest coverage | 0.04x | 2.68x | -2.08x | 12.16x | 19.46x | -23.40x |
| Buybacks as a share of market value | 0.6% | 7.3% | -51.4% | 3.2% | -1.4% | -0.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -20.0% | 8.7% | 2.7% |
| Operating income | -37.9% | — | -0.2% |
| Net income | — | -24.4% | -6.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 17.5% | 22.9% | 4.4% | 6.7% |
| Net margin | -6.5% | 2.3% | -4.0% | -12.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.7 | 12.1 | -15.7 | 3.9 | 1.4 | -0.2 | -50.4 | -2.5 | 6.1 | -1.9 |
| Price to sales | 2.3 | 0.7 | 1.4 | 1.2 | 1.2 | 0.4 | 0.3 | 0.6 | 0.5 | 1.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 15 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2015 | FY2014 | FY2013 | FY2012 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.069 | 0.09 | 0.09 | 0.045 | 0.80 | 2.64 | 2.64 | 2.64 |
- 1-to-1 reverse split · 7 Jan 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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