Why Did ESSA Pharma Stock Soar 118.75%? Dividend Payment Drives Surge

On August 25, 2025, ESSA Pharma's stock surged by 118.75% in pre-market trading, marking a significant rise that has captured the attention of investors and analysts alike.

One of the key drivers behind this surge is the company's dividend payment of $1.69 per share, which was scheduled for the same day. This dividend is part of ESSA Pharma's ongoing efforts to return value to its shareholders, and it has clearly resonated with investors, contributing to the stock's impressive performance.

Additionally, the company's recent financial performance and strategic initiatives have likely played a role in the stock's surge. ESSA Pharma has been focusing on expanding its market presence and enhancing its product offerings, which has positioned it well for future growth.

Overall, the combination of a substantial dividend payment and strong underlying fundamentals has driven ESSA Pharma's stock to new heights, making it a stock to watch in the coming days and weeks.