PPTAPERPETUA RESOURCES CORP.
Gold And Silver Ores
- Revenue
- —
- Operating margin
- —
- EBITDA
- −$128M
- 146% YoY
- Market cap
- $2.1B
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- 0.1
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo86% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AIYes0.1 per 10K words · 9th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$2.1B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$4M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Operating income | −$41M | −$29M | −$40M | −$52M | −$128M | 145% |
| Net income | −$36M | −$29M | −$19M | −$14M | −$100M | 593% |
| Operating cash flow | −$29M | −$25M | −$21M | −$12M | −$105M | 779% |
| Capex | $35K | $200K | $149K | $176K | $1M | 553% |
| Stock-based comp | $4M | $3M | $3M | $4M | $4M | 0.9% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Jun 16, 2025 | PAULSON & CO. INC. | SCHEDULE 13D/A | 31.2% | Passive |
| Aug 27, 2021 | PAULSON & CO. INC. | SC 13D | 33.3% | Passive |
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $4M · 16
- Net
- −$4M
Pay vs performance
No pay-versus-performance disclosure yet.