Perpetua Resources shares are trading higher after the company announced the U.S. forest service has completed the final environmental impact statement and issued a draft record of decision authorizing the Stibnite gold project.
Portfolio Pulse from Benzinga Newsdesk
Perpetua Resources' shares rose following the U.S. Forest Service's completion of the final environmental impact statement and a draft record of decision for the Stibnite gold project.
September 05, 2024 | 1:43 pm
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POSITIVE IMPACT
Perpetua Resources' stock is trading higher due to the U.S. Forest Service's progress on the Stibnite gold project, indicating regulatory advancement.
The completion of the final environmental impact statement and the draft record of decision by the U.S. Forest Service is a significant regulatory milestone for Perpetua Resources' Stibnite gold project. This progress likely boosts investor confidence, leading to a positive short-term impact on PPTA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100