Perpetua Resources reports higher interest income and $445.8 million in cash as of September 30, 2025
Perpetua Resources Corp. reported cash and cash equivalents of approximately $445.8 million as of September 30, 2025. The company received additional net cash proceeds of $254.0 million from a private placement with Agnico Eagle and JPMorgan on October 28, 2025, $67.9 million from a public offering on October 30, 2025, and $6.8 million from a concurrent private placement with Agnico Eagle on October 31, 2025, bringing cash and cash equivalents to about $720.0 million as of October 31, 2025. Interest income for the three and nine months ended September 30, 2025, was $4.7 million and $5.8 million, respectively, higher than the comparable periods in 2024 due to higher average cash balances. Spending related to permitting and development was lower than in the prior year due to exhaustion of DPA funding in May 2025. The company's principal asset remains 100% ownership of subsidiaries controlling the Stibnite Gold Project in Idaho.
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