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Perpetua Resources Corp. PPTA Exploration Expense

Exploration Expense at other companies

TMC the metals company Inc. logo
TMC the metals company Inc.TMC
$13.26M+39.3%
Southern Copper logo
Southern CopperSCCO
$10.8M-7.7%

Other financials

Income statement

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Operating income-$56.6M-278%
Net income-$48.6M-493%
EPS (diluted)-$0.39-225%

Balance sheet

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Cash & equivalents$669.5M+3,398%
Total debt$3.6M+31,004%
Total equity$816.2M+696%
Total assets$854.7M+667%

Cash flow

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Operating cash flow-$27.0M-5.4%
CapEx$19.4M
Free cash flow-$46.4M

Valuation

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Market cap$2.79B+360%
Enterprise value$2.13B+282%

Returns & leverage

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Return on equity-30.7%+16.0pp
Debt / equity0.0×
Current ratio20.4×+14.5×

Where this comes from

Reported directly by Perpetua Resources Corp. in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The official record: Perpetua Resources Corp.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Perpetua Resources Corp.'s exploration expense?
Perpetua Resources Corp. (PPTA) reported exploration expense of $53.1M in Q1 2026.
How has Perpetua Resources Corp.'s exploration expense changed year-over-year?
Perpetua Resources Corp.'s exploration expense increased by 305.5% year-over-year, from $13.09M to $53.1M.
What is the long-term trend for Perpetua Resources Corp.'s exploration expense?
Over 4 years (2021 to 2025), Perpetua Resources Corp.'s exploration expense has grown at a 52.0% compound annual growth rate (CAGR), from $22.72M to $121.29M.
What does exploration expense mean?
This metric represents the total costs incurred by a company to identify, evaluate, and delineate mineral resources. It encompasses geological surveys, drilling, and feasibility studies necessary to determine the economic viability of a mining project. For investors, this reflects the company's commitment to expanding its asset base and future production potential.