Perpetua Resources
Develops Idaho's Stibnite project for gold, antimony, and legacy-site restoration.
Something off on this page? Send us feedback.
Profile
Develops the Stibnite Gold Project in central Idaho, with planned sales of gold doré and antimony concentrate and restoration built into the mine plan. The business remains pre-revenue and concentrated in one project, where full construction depends on closing approved federal financing and meeting permit, covenant, and litigation conditions.
Develops the Stibnite Gold Project in central Idaho through mineral exploration, mine construction, and restoration of a district altered by historic mining. The approved open-pit plan targets gold doré and antimony concentrate, with silver as a by-product, while reprocessing tailings and restoring waterways and fish habitat. Early works have expanded into access-road and other critical-path infrastructure construction.
Operates as a pre-revenue, single-segment developer concentrated entirely in Stibnite. Project execution rests on detailed engineering, procurement, a final investment decision, and closing and drawing the approved U.S. EXIM loan. The mine plan and schedule remain subject to permit compliance, environmental restoration commitments, financial assurance, metal prices, and ongoing litigation over federal approvals.
Company facts
Key statistics
Year to date +2.3% · Average volume (30d) 1.2M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior target | Target |
|---|---|---|---|---|
| May 26, 2026 | H.C. Wainwright | Target | $41 | $43.50 |
| Feb 5, 2026 | H.C. Wainwright | Target | $13.25 | $41 |
| Oct 28, 2025 | BMO Capital | Target | $41 | $44 |
| Oct 23, 2025 | BMO Capital | Target | $41 | |
| Oct 22, 2025 | Roth Capital | Target | $32 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 14, 2026Q2 FY26 | −$0.28 | −$0.78 | −183.6% | $5.5M | — | — | +1.98% |
| Aug 13, 2026Q2 FY26 | −$0.19 | −$0.78 | −310.5% | $5.5M | — | — | +1.98% |
| May 11, 2026Q1 FY26 | −$0.18 | −$0.39 | −112.7% | $7.8M | — | — | −1.46% |
| Mar 31, 2026Q4 FY25 | −$0.01 | −$0.61 | −6,000.0% | — | $3.3M | — | +4.98% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gross profit | −$30.9K | −$32.3K | −$35.7K | −$69.1K | −$125.0K | −$173.0K | |
| Operating income | −$15.0M | $11.7M | −$33.7M | −$67.5M | −$56.6M | −$106.6M | |
| Net income | −$8.2M | −$6.0M | −$25.8M | −$60.4M | −$48.6M | −$97.5M | |
| Diluted EPS | −$0.12 | −$0.08 | −$0.24 | −$0.49 | −$0.39 | −$0.78 | |
| Gross margin | — | — | — | — | — | — | |
| Operating margin | — | — | — | — | — | — |
Fiscal years (4-quarter sums)FY21 $0 · FY22 $0 · FY23 $0 · FY24 $0 · FY25 $0
Balance sheet, Jun 30, 2026Cash & short-term investments $574.2M · Total debt $3.6M · Total assets $773.5M · Shareholders' equity $719.9M
Dividends
No dividends on record.
Ownership
Shares outstanding 125.09M · Float 116.15M · 92.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Paulson & Co. Inc. | 32.35M | 25.86% | 13F | Aug 14, 2026 |
| Agnico Eagle Mines Limited | 10.87M | 8.71% | 13G | Oct 31, 2025 |
| BlackRock, Inc. | 5.31M | 4.24% | 13F | Aug 7, 2026 |
| Toroso Investments, LLC | 4.89M | 3.91% | 13F | Aug 13, 2026 |
| JPMorgan Chase & Co | 2.94M | 2.35% | 13F | Aug 12, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Apr 2, 2026 | Mckinsey Margaret Lyon | officer: (See remarks (5)) | −8,699 | $29.53 |
| Apr 2, 2026 | Jonathan Cherry | director, officer: (See remarks (3)) | −4,079 | $29.31 |
| Feb 12, 2026 | Mckinsey Margaret Lyon | officer: (See remarks (7)) | −43,722 | $27.57 |
| Jan 6, 2026 | Robert Alan Dean | director | −2,400 | $27.14 |
| Jan 5, 2026 | Robert Alan Dean | director | −3,308 | $26.28 |
Peers
- Nova Minerals
Alaska gold-antimony developer with defense-backed antimony work
- United States Antimony
Domestic antimony processing and supply-chain peer
- Alaska Air Group
Operating gold-antimony model through Costerfield
- NovaGold Resources
Alaska single-project gold developer competing for capital
- Skeena Resources
Permitted gold-silver build peer moving toward production
- Seabridge Gold
Large permitted gold-project developer competing for partners
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Perpetua Resources | $25.11 | +0.04% | $3.14B | — | — | — | — |
| Nova Minerals | $5.45 | −0.73% | $94.5M | — | — | — | +140.3% |
| United States Antimony | $4.94 | +2.00% | $718.7M | — | 40.5 | 19.7 | −24.7% |
| Alaska Air Group | $42.63 | +0.73% | $4.72B | — | 20.7 | 0.3 | +9.8% |
| NovaGold Resources | $8.84 | +1.03% | $3.84B | — | — | — | — |
| Skeena Resources | $33.18 | −0.09% | $4.12B | — | — | — | — |
| Seabridge Gold | $32.20 | −0.59% | $3.49B | 168.1 | — | — | — |
| Median | 168.1 | 30.6 | 10.0 | +9.8% |








