Perpetua Resources Corp. announced its unaudited condensed consolidated financial results for the period ended June 30, 2025, reporting a net loss of $6.03 million for the second quarter.
This represents an increase from the $3.67 million net loss in the prior-year period, with the six-month net loss for 2025 totaling $14.23 million, up from $6.62 million in 2024.
The increased net loss was primarily driven by a $3.6 million decrease in grant income, as Defense Production Act funding was exhausted in May 2025, and a $7.0 million increase in exploration expenses for the six-month period, totaling $24.06 million for the first half of 2025.
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