Investment
Features
FeesSafety
Academy
More
Pluang+

Perpetua Resources secures $2.9B loan, advances Stibnite Gold Project with strong cash and exploration progress

Company Fundamentals
17 Aug 2026
PRNewsWire
View Source
Bullish
Perpetua Resources secures $2.9B loan, advances Stibnite Gold Project with strong cash and exploration progress

Perpetua Resources announced a $2.9 billion senior secured loan approval from the U.S. EXIM board to fund its Stibnite Gold Project, aiming to develop a major gold and antimony mine in Idaho. The company reported a Q2 2026 net loss of $97.5 million due to increased exploration and pre-development spending but ended the quarter with $574.2 million in cash. Key project milestones include infrastructure upgrades, housing construction, and promising exploration results, supporting a final investment decision expected in the second half of 2026. Legal challenges to permits have been denied, and the company is advancing tungsten exploration and price risk management strategies.

More News

JP Morgan upgrades Atalaya Mining with 30% upside on strong EU copper growth prospects.

JP Morgan upgrades Atalaya Mining with 30% upside on strong EU copper growth prospects.

JP Morgan has initiated coverage of Atalaya Mining Copper with an "overweight" rating and a £13.30 price target, signaling about 30% potential upside. The bank highlights Atalaya as one of the few pure-play copper producers based in the EU, which is ...

Analyst Insights
Bullish
4 hours ago
JPMorgan rates Sigma Lithium 'Overweight' citing strong growth and cost advantages in lithium production.

JPMorgan rates Sigma Lithium 'Overweight' citing strong growth and cost advantages in lithium production.

JPMorgan has initiated coverage of Sigma Lithium with an 'Overweight' rating, highlighting the company's strong growth potential and cost efficiency in lithium production. Sigma Lithium's production capacity is expected to more than double by 2028 th...

Market News
Bullish
4 hours ago
McDonald's stock offers 24.6% upside and 3%+ dividend amid strategic reset and discounted valuation.

McDonald's stock offers 24.6% upside and 3%+ dividend amid strategic reset and discounted valuation.

McDonald's shares currently trade at $248, presenting a 24.6% potential upside to an intrinsic value of $309.29 and a forward dividend yield above 3%. The company is executing a strong U.S. value strategy reset, including digital promotions and close...

Analyst Insights
Bullish
4 hours ago
Nvidia transforms into AI ecosystem powerhouse with $410B revenue forecast and strong buy rating

Nvidia transforms into AI ecosystem powerhouse with $410B revenue forecast and strong buy rating

Nvidia is evolving beyond its role as a GPU leader into a dominant AI ecosystem driven by substantial cash flows and strategic investments. The company is leveraging financing partnerships and supply commitments to create a self-reinforcing cycle tha...

Market News
Bullish
4 hours ago
Realty Income shares fall but analysts predict nearly 30% gains ahead amid sector recovery.

Realty Income shares fall but analysts predict nearly 30% gains ahead amid sector recovery.

Realty Income's stock has declined for three months, trading at $56.63, about 20% below the Wall Street consensus target of $68.16. Despite recent challenges like rising Treasury yields and a weaker Q2 earnings report, two analysts from Bank of Ameri...

Analyst Insights
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App