NASDAQ$PPTA

Perpetua Resources Corp · Q4 2025 earnings

Q4 2025 earnings · · After market close

Briefing

Perpetua Resources filed its 10-Q with Q1 2026 net loss of $48.6M as it advances the Stibnite Gold Project.

Perpetua’s March 31, 2026 10-Q reports Q1 2026 net loss of $48.6M versus $8.2M a year ago, reflecting higher spending on the Stibnite Gold Project and antimony development. The company is pre-revenue, funded by grants and equity. DOW grant proceeds support R&D on antimony trisulfide.

  • Q1 FY2026 net loss $48.6M (calendar Q1 ended Mar 31).
  • Pre-revenue development-stage miner.
  • Stibnite Gold Project and antimony focus.
  • DOW grants fund antimony R&D.

Headline financials

EPS (adj)

-$0.39

No prior period
Net Income

-$48.6M

No prior period
Operating Income

-$56.6M

No prior period

Revenue & EPS history

Perpetua Resources Corp · Revenue · Quarterly

Forward guidance

Project timeline and permitting milestones determine funding needs; no commercial production yet.

Tailwinds

  • Department of War grant support for antimony.
  • Stibnite resource advances domestic critical minerals goals.

Headwinds

  • Rising quarterly losses vs prior year.
  • Permitting and construction execution risk.
  • Dependence on capital markets and grants.

Discussion

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