CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
|
12 Months Ended |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
| EXPENSES |
|
|
|
| Amortization |
$ 173,667
|
$ 154,939
|
$ 142,323
|
| Exploration |
1,610,502
|
748,497
|
474,025
|
| General and administrative |
377,345
|
578,176
|
344,710
|
| LOSS BEFORE OTHER ITEMS |
(2,161,514)
|
(1,481,612)
|
(961,058)
|
| OTHER ITEMS |
|
|
|
| Foreign exchange gain (loss) |
(426,420)
|
(124,558)
|
(40,849)
|
| Net gain (loss) gain on trading securities |
714,523
|
1,346,699
|
1,485,100
|
| Other income |
55,972
|
45,589
|
48,476
|
| Impairment on marketable securities |
(211,018)
|
0
|
0
|
| Recovery of gold |
4,074,170
|
2,373,592
|
1,878,198
|
| Change in fair value warrant derivative liability |
0
|
137,313
|
(21,520)
|
| Total other items |
4,207,227
|
3,778,635
|
3,349,405
|
| Consolidated pre tax income for the year |
2,045,713
|
2,297,023
|
2,388,347
|
| Income tax expense |
(1,088,192)
|
(294,992)
|
0
|
| Net income after tax |
957,521
|
2,002,031
|
2,388,347
|
| Net gain attributable to non-controlling interest |
(121,545)
|
(141,782)
|
(140,390)
|
| Net income attributable to Xtra-Gold Resources Corp. |
$ 835,976
|
$ 1,860,249
|
$ 2,247,957
|
| Basic income attributable to common shareholders per common share |
$ 0.02
|
$ 0.04
|
$ 0.05
|
| Diluted income attributable to common shareholders per common share |
$ 0.02
|
$ 0.04
|
$ 0.05
|
| Basic weighted average number of common shares outstanding |
46,779,574
|
46,645,387
|
46,095,232
|
| Diluted weighted average number of common shares outstanding |
48,925,574
|
49,033,887
|
49,589,430
|