Perpetua Resources Corp. (PPTA)

Perpetua Resources Corp., a development-stage company, engages in the acquisition of mining properties in the United States. The company explores gold, silver, and antimony deposits. Its principal mineral project is the 100% owned Stibnite Gold project, which includes 1,674 unpatented lode claims, mill sites, and patented land holdings covering an area of approximately 11,526 hectares located in Valley County, Idaho. The company was formerly known as Midas Gold Corp. and changed its name to Perpetua Resources Corp. in February 2021. Perpetua Resources Corp. was founded in 2009 and is headquartered in Boise, Idaho.

Symbol
PPTA
Exchange
Nasdaq
Sector
Basic Materials
Industry
Other Precious Metals & Mining
Market cap
$3.10B
52 week range
16.43 - 37.37

Valuation

Share price
$23.32 (close of 2026-09-23)
P/E (TTM)
-12.08x
Price to book
4.30x
Price to free cash flow
-14.55x
Enterprise value
$2.53B
Book value per share
$5.75

Price performance

PeriodChange
1 day-1.52%
5 days+2.78%
1 month-9.26%
3 months+4.43%
6 months-6.98%
Year to date-3.68%
1 year+23.06%
3 years+526.88%
5 years+351.06%
All time+187.90%

Profitability and growth

Return on equity
-11.66%
Return on invested capital
-86.82%
Return on assets
-11.44%
Return on capital employed
-14.83%
Net income growth
-593.17%
Free cash flow growth
-776.10%

Cash flow and balance sheet

Free cash flow yield (TTM)
-6.87%
Current ratio
12.34x
Net debt to EBITDA
2.21x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
EBITDA
$-127.79M
Net income
$-100.39M
Earnings per share
$-1.08
Shares outstanding
93.23M

Income statement by year

Period endNet incomeEPS
2025-12-31$-100.39M$-1.08
2024-12-31$-14.48M$-0.22
2023-12-31$-18.77M$-0.30
2022-12-31$-28.71M$-0.46
2021-12-31$-35.95M$0.66
2020-12-31$-220.63M$6.45
2019-12-31$-11.30M$0.00

Margins and returns by year

Period endReturn on equityReturn on capital
2025-12-31-11.66%-86.82%
2024-12-31-13.30%-80.46%
2023-12-31-25.96%-58.29%
2022-12-31-33.45%-46.39%
2021-12-31-32.21%-64.70%
2020-12-31-382.84%-90.51%
2019-12-31-34.51%-199.22%

Cash and debt by year

Period endCash
2025-12-31$714.17M
2024-12-31$44.10M
2023-12-31$3.23M
2022-12-31$22.67M
2021-12-31$47.85M
2020-12-31$25.04M
2019-12-31$17.50M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-105.71M$3.86M
2024-12-31$-12.07M$3.90M
2023-12-31$-21.34M$3.04M
2022-12-31$-24.91M$2.94M
2021-12-31$-28.68M$3.95M
2020-12-31$-28.81M$1.55M
2019-12-31$-27.08M$2.00M

Investor relations

Next earnings report

Next confirmed report
2026-11-13

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-12Jun/2026-
2026-05-11--
2026-03-31--
2025-11-14--
2025-08-13--
2025-05-09--
2025-03-19--
2024-11-13--

Filings and sources

Company website
perpetuaresources.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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