C 
14.78
+1.30%
Close of 9 Nov 2026, in CAD
Search any instrument
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$5.34bn
FY2016FY2025
Net income
−C$796.7m
FY2016FY2025
Free cash flow
−C$250.9m
FY2016FY2025
Shareholders' equity
C$2.51bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$5.34bn | C$5.25bn | C$5.43bn | C$7.43bn | C$7.68bn | C$5.45bn | C$4.66bn | C$5.04bn | C$4.66bn | C$4.23bn |
| Research and development | — | — | — | — | — | C$9.4m | — | — | — | — |
| Operating income | −C$885.6m | −C$916.9m | −C$531.6m | C$1.07bn | C$1.91bn | C$727.3m | −C$307.4m | C$608.6m | C$557.4m | C$306.1m |
| Net income | −C$796.7m | −C$669.0m | −C$326.1m | C$787.3m | C$1.34bn | C$544.4m | −C$269.7m | C$354.9m | C$345.4m | C$150.9m |
| Diluted earnings per share | -6.83 | -5.60 | -2.74 | 6.45 | 10.78 | 4.35 | -2.15 | 2.83 | 2.69 | 1.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$4.98bn | C$5.57bn | C$6.13bn | C$6.74bn | C$6.17bn | C$5.11bn | C$4.53bn | C$3.85bn | C$3.49bn | C$3.28bn |
| Cash and short-term investments | C$132.4m | C$259.3m | C$627.4m | C$1.27bn | C$1.35bn | C$419.2m | C$60.1m | C$252.7m | C$288.2m | C$156.6m |
| Total liabilities | C$2.26bn | C$1.99bn | C$1.85bn | C$1.98bn | C$2.16bn | C$2.48bn | C$2.46bn | C$1.51bn | C$1.49bn | C$1.54bn |
| Debt | C$931.3m | C$703.6m | C$399.3m | C$392.4m | C$335.8m | C$773.7m | C$1.15bn | C$408.4m | C$385.7m | C$476.0m |
| Shareholders' equity | C$2.51bn | C$3.31bn | C$3.82bn | C$4.22bn | C$3.48bn | C$2.21bn | C$1.65bn | C$2.06bn | C$1.73bn | C$1.48bn |
| Shares outstanding | 117m | 119m | 119m | 122m | 124m | 125m | 125m | 125m | 129m | 133m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$37.8m | C$174.2m | C$154.7m | C$1.11bn | C$1.91bn | C$1.07bn | C$200.7m | C$536.1m | C$610.1m | C$583.8m |
| Capital spending | −C$288.7m | −C$526.6m | −C$587.0m | −C$625.3m | −C$428.2m | −C$201.5m | −C$302.8m | −C$401.4m | −C$252.1m | −C$233.8m |
| Free cash flow | −C$250.9m | −C$352.4m | −C$432.3m | C$487.7m | C$1.49bn | C$872.1m | −C$102.1m | C$134.7m | C$358.0m | C$350.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$1.53bn | C$1.36bn | C$1.28bn | C$1.26bn | C$1.38bn | C$1.42bn | C$1.29bn | C$1.20bn |
| Operating income | C$61.5m | −C$72.5m | −C$417.1m | −C$108.9m | −C$56.1m | −C$18.3m | −C$60.8m | −C$244.7m |
| Net income | −C$18.5m | −C$72.1m | −C$390.5m | −C$172.4m | −C$202.8m | −C$31.0m | −C$63.3m | −C$350.1m |
| Diluted earnings per share | -0.16 | -0.61 | -3.35 | -1.48 | -1.74 | -0.27 | -0.53 | -2.93 |
| Cash from operations | C$209.0m | −C$77.0m | C$47.0m | C$10.0m | C$63.0m | −C$70.0m | C$87.0m | C$51.0m |
| Capital spending | −C$46.0m | −C$65.0m | −C$76.0m | −C$39.0m | −C$50.0m | −C$122.0m | −C$136.0m | −C$116.0m |
| Free cash flow | C$163.0m | −C$142.0m | −C$29.0m | −C$29.0m | C$13.0m | −C$192.0m | −C$49.0m | −C$65.0m |
| Total assets | C$5.07bn | C$5.06bn | C$4.98bn | C$5.57bn | C$5.42bn | C$5.73bn | C$5.57bn | C$5.73bn |
| Cash and short-term investments | C$234.7m | C$60.2m | C$132.4m | C$154.4m | C$112.9m | C$128.5m | C$259.3m | C$525.8m |
| Debt | C$930.5m | C$965.0m | C$966.1m | C$965.9m | C$725.0m | C$768.1m | C$703.6m | C$712.2m |
| Shareholders' equity | C$2.45bn | C$2.44bn | C$2.51bn | C$2.91bn | C$3.04bn | C$3.33bn | C$3.31bn | C$3.25bn |
Financial ratios
Data as of 1 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -5.2% | -17.5% | -8.3% | 15.2% | 25.0% | 14.1% |
| Net margin | -14.9% | -12.7% | -6.0% | 10.6% | 17.5% | 10.0% |
| Return on equity | -31.8% | -20.2% | -8.5% | 18.6% | 38.5% | 24.7% |
| Return on assets | -16.0% | -12.0% | -5.3% | 11.7% | 21.7% | 10.7% |
| Free cash flow yield | 18.7% | 39.2% | 41.7% | 95.2% | 125.9% | 68.1% |
| Revenue growth | 1.6% | -3.2% | -26.9% | -3.4% | 40.9% | 17.1% |
| Earnings growth | 19.1% | 105.2% | -141.4% | -41.3% | 146.4% | -301.9% |
| Current ratio | 1.45x | 1.86x | 2.49x | 3.47x | 2.92x | 2.11x |
| Debt to equity | 0.33x | 0.18x | 0.08x | 0.07x | 0.08x | 0.32x |
| Equity ratio | 50.3% | 59.4% | 62.3% | 62.6% | 56.4% | 43.2% |
| Interest coverage | -2.72x | -14.22x | -12.81x | 48.37x | 76.87x | 16.49x |
| R&D as a share of sales | — | — | — | — | — | 0.2% |
| Buybacks as a share of market value | 2.4% | -0.4% | 2.6% | 1.9% | 0.6% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -10.4% | -0.4% | 3.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -17.0% | -5.4% | 3.8% | 4.5% |
| Net margin | -13.8% | -4.3% | 2.4% | 2.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.7 | -2.7 | -6.5 | 3.3 | 3.0 | 5.3 | -5.6 | 5.8 | 9.2 | 13.4 |
| Price to sales | 0.3 | 0.3 | 0.4 | 0.3 | 0.5 | 0.5 | 0.3 | 0.4 | 0.7 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 11 Jun 2003.
| FY2003 | FY2002 | FY2001 | FY2000 | FY1998 | FY1997 | FY1996 | FY1995 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.13 | 0.26 | 0.26 | 0.26 | 0.065 | 0.26 | 0.26 | 0.26 |
- 2-for-1 split · 3 May 1994
- 1.01-for-1 split · 9 Dec 1992
- 1.01-for-1 split · 9 Jun 1992
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.