D 
3.32
+7.44%
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$4.9m
FY2016FY2025
Net income
−C$217.3m
FY2016FY2025
Free cash flow
−C$118.6m
FY2016FY2025
Shareholders' equity
C$368.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$4.9m | C$4.0m | C$1.9m | C$9.0m | C$20.0m | C$14.4m | C$15.5m | C$15.6m | C$13.9m | C$18.6m |
| Operating income | −C$86.0m | −C$63.3m | −C$48.9m | −C$36.5m | C$14.3m | −C$14.0m | −C$24.1m | −C$24.4m | −C$21.8m | −C$17.7m |
| Net income | −C$217.3m | −C$91.1m | C$90.4m | C$14.4m | C$19.0m | −C$16.3m | −C$18.1m | −C$30.1m | −C$17.8m | −C$23.3m |
| Diluted earnings per share | -0.24 | -0.10 | 0.11 | 0.02 | 0.02 | -0.02 | -0.03 | -0.05 | -0.03 | -0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$1.15bn | C$663.6m | C$726.6m | C$515.8m | C$510.3m | C$320.7m | C$300.0m | C$312.2m | C$327.0m | C$292.0m |
| Cash and short-term investments | C$539.4m | C$114.8m | C$141.5m | C$58.9m | C$78.4m | C$41.6m | C$8.2m | C$23.2m | C$41.4m | C$15.9m |
| Total liabilities | C$778.5m | C$99.3m | C$84.8m | C$79.8m | C$113.6m | C$93.4m | C$89.8m | C$89.9m | C$96.5m | C$60.1m |
| Debt | C$614.4m | C$2.4m | C$417,000 | C$576,000 | C$508,000 | C$600,000 | C$1.0m | — | — | C$400,000 |
| Shareholders' equity | C$368.4m | C$564.3m | C$641.8m | C$436.0m | C$396.7m | C$227.3m | C$210.1m | C$222.2m | C$231.3m | C$232.1m |
| Shares outstanding | 902m | 896m | 849m | 831m | 809m | 714m | 597m | 582m | 559m | 538m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −C$68.1m | −C$40.4m | −C$30.7m | −C$28.1m | −C$21.2m | −C$13.5m | −C$18.8m | −C$21.0m | C$15.6m | −C$10.9m |
| Capital spending | −C$50.5m | −C$7.7m | −C$3.2m | −C$6.9m | −C$1.2m | −C$278,000 | −C$929,000 | −C$1.6m | −C$1.1m | −C$1.7m |
| Free cash flow | −C$118.6m | −C$48.1m | −C$33.9m | −C$35.0m | −C$22.5m | −C$13.8m | −C$19.7m | −C$22.5m | C$14.5m | −C$12.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$720,000 | C$1.1m | C$1.2m | C$1.0m | C$1.3m | C$1.4m | C$1.2m | C$695,000 |
| Operating income | −C$18.1m | −C$22.8m | −C$44.0m | −C$22.1m | −C$18.8m | −C$22.1m | −C$19.3m | −C$15.8m |
| Net income | C$25.6m | −C$114.9m | −C$51.3m | −C$135.0m | C$12.5m | −C$43.5m | −C$29.5m | −C$25.8m |
| Diluted earnings per share | 0.03 | -0.13 | -0.06 | -0.15 | 0.01 | -0.05 | -0.03 | -0.03 |
| Cash from operations | −C$23.0m | −C$35.0m | −C$8.0m | −C$19.0m | −C$22.0m | −C$16.0m | −C$8.0m | −C$12.0m |
| Capital spending | −C$26.0m | −C$14.0m | −C$31.0m | −C$7.0m | −C$5.0m | −C$6.0m | −C$2.0m | −C$2.0m |
| Free cash flow | −C$49.0m | −C$49.0m | −C$39.0m | −C$26.0m | −C$27.0m | −C$22.0m | −C$10.0m | −C$14.0m |
| Total assets | C$1.11bn | C$1.11bn | C$1.15bn | C$1.11bn | C$626.9m | C$618.4m | C$663.6m | C$671.9m |
| Cash and short-term investments | C$549.7m | C$561.4m | C$539.4m | C$482.8m | C$94.2m | C$90.7m | C$114.8m | C$116.4m |
| Debt | — | C$305.1m | C$614.4m | C$294.8m | — | — | C$2.4m | — |
| Shareholders' equity | C$288.9m | C$260.1m | C$368.4m | C$402.9m | C$535.9m | C$522.2m | C$564.3m | C$584.9m |
Financial ratios
Data as of 18 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -4243.1% | -2279.8% | 4694.0% | 115.5% | 71.5% | -96.8% |
| Net margin | -4418.2% | -2265.0% | 4872.0% | 160.0% | 94.9% | -112.9% |
| Return on equity | -59.0% | -16.1% | 14.1% | 3.3% | 4.8% | -7.2% |
| Return on assets | -18.9% | -13.7% | 12.4% | 2.8% | 3.7% | -5.1% |
| Free cash flow yield | -0.6% | -1.1% | -1.0% | -0.8% | -0.8% | -0.6% |
| Revenue growth | 22.2% | 116.9% | -79.3% | -55.1% | 38.7% | -7.2% |
| Earnings growth | 138.5% | -200.8% | 529.6% | -24.4% | -216.5% | -10.2% |
| Current ratio | 10.75x | 3.65x | 8.28x | 3.65x | 5.31x | 4.17x |
| Debt to equity | 1.66x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Equity ratio | 32.1% | 85.0% | 88.3% | 84.5% | 77.7% | 70.9% |
| Interest coverage | -13.69x | -849.24x | 2808.81x | 272.71x | 4.51x | -4.40x |
| Buybacks as a share of market value | -0.7% | -5.5% | -2.1% | -2.7% | -13.3% | -19.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -18.2% | -19.4% | -12.0% |
| Operating income | 33.0% | 43.8% | 12.7% |
| Net income | — | 67.9% | 11.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1670.0% | -1187.3% | -432.5% | -257.3% |
| Net margin | -3449.4% | -1030.3% | -370.9% | -267.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -15.1 | -25.7 | 21.8 | 89.7 | 74.2 | -36.9 | -17.8 | -12.2 | -21.7 | -16.2 |
| Price to sales | — | — | — | 143.5 | 70.4 | 41.6 | 20.7 | 23.6 | 27.7 | 20.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 21-to-1 reverse split · 12 Mar 2004
- 20-to-1 reverse split · 28 May 2002
- 5-to-1 reverse split · 16 May 1997
- 1-to-1 reverse split · 2 Jan 1996
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.