About Perpetua Resources Corp
Perpetua Resources Corp. is a development-stage company. The Company operates through mineral exploration in the United States segment. It is primarily engaged in acquiring mining properties with the intention of exploring, evaluating and placing them into production if warranted. The Company’s principal business is the exploration and, if warranted and subject to receipt of required permitting, redevelopment, restoration and operation of the Stibnite Gold Project in Idaho, the United States. Its Stibnite Gold Project is located in central Idaho, the United States, which lies over 100 miles northeast of Boise, Idaho, over 38 miles east of McCall, Idaho, and approximately 10 miles east of Yellow Pine, Idaho. Its mineral Stibnite Gold Project contains gold, silver and antimony mineral deposits. The Company is undertaking a permitting process for redevelopment and restoration of the Project. Its subsidiaries include Perpetua Resources Idaho, Inc. and Idaho Gold Resources Company, LLC.
Financial summary
BRIEF: For the nine months ended 30 September 2021, Perpetua Resources Corp revenues was not reported. Net loss decreased 88% to $25.7M. Lower net loss reflects Change in Fair Value of Convertible note increase from $184M (expense) to $5.7M (income), Foreign exchange loss/(gain) decrease of 87% to $835K (expense), Accretion on Convertible Notes decrease of 87% to $360K (expense).