Perpetua Resources Q2 FY26 net loss widens to $97.5 million; operating loss widens to $106.6 million - PPTA News | RalliesPerpetua Resources Q2 FY26 net loss widens to $97.5 million; operating loss widens to $106.6 million
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PPTA• Q2 FY26 loss widens
- Perpetua Resources posted a net loss of $97.54 million for the quarter ended June 30, 2026, widening from $6.03 million.
- Operating loss widened to $106.58 million from $11.74 million, driven mainly by exploration and pre-development expense of $103.92 million.
- Interest income climbed to $7.6 million from $764,000, while grant income fell to $1.45 million from $4.92 million.
Financing and cash position
- U.S. EXIM’s board approved a $2.9 billion senior secured long-term loan; definitive documentation and conditions are targeted for second-half 2026.
- Cash and cash equivalents totaled $574.2 million at June 30, 2026; the company budgeted about $177 million of Q3 spending.
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