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PPTA

Perpetua Resources Corp.

https://www.perpetuaresources.com

Industry

Other Precious Metals

Perpetua Resources Corp. engages in the mineral exploration activities in the United States. The company primarily explores for gold, silver, and antimony. Its principal asset is the 100% owned Stibnite gold project located in Valley County, Idaho. The company was formerly known as Midas Gold Corp. and changed its name to Perpetua Resources Corp. in February 2021. Perpetua Resources Corp. was incorporated in 2011 and is headquartered in Boise, Idaho.

Open

10.40

Mkt cap

610M

Volume

554K

High

10.43

P/E Ratio

-44.95

52-wk high

10.72

Low

9.41

Div yield

N/A

52-wk low

2.69

HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Perpetua Resources (NASDAQ:PPTA) and raises the price target from $10.5 to $13.25.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 4:48 pm

Roth MKM analyst Mike Niehuser has maintained a Buy rating on Perpetua Resources (NASDAQ:PPTA) and increased the price target from $7.25 to $10.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:57 pm

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Portfolio Pulse from Avi Kapoor

April 08, 2024 | 5:10 pm

Perpetua Resources' stock is trading higher following the announcement that it has received an indication for up to $1.8 billion in financing from the Export-Import Bank of the United States for its Stibnite Gold Project.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 1:01 pm

Perpetua Resources Corp. has received a Letter of Interest from the Export-Import Bank of the United States for potential debt financing up to $1.8 billion for its Stibnite Gold Project. This financing is part of EXIM's 'Make More in America' and 'China and Transformational Exports Program' initiatives.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 11:12 am

HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Perpetua Resources (NASDAQ:PPTA) and raises the price target from $10 to $10.5.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:05 am

Perpetua Resources Corp. (NASDAQ:PPTA) has sold a silver royalty from its Stibnite Gold Project to Franco-Nevada for $8.5 million. This deal enhances Perpetua's liquidity, complementing funding from the Department of Defense, and supports its efforts to advance permitting and construction readiness. The transaction is part of Perpetua's strategy to minimize equity dilution while securing non-dilutive capital for the project, which aims to re-establish a U.S. source of the critical mineral antimony.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 8:31 pm

Perpetua has been conditionally awarded up to $34.6 million in additional funding under its existing Technology Investment Agreement through Title III of the Defense Production Act. This funding aims to enhance Perpetua's capabilities and contribute to its growth.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 12:15 pm

Perpetua Resources Corp. is progressing with the Stibnite Gold Project, aiming to supply the U.S. with antimony and establish a major gold mine. The company is advancing through the NEPA process and preparing for construction. Andrew Cole's appointment to the Board of Directors is expected to enhance operational expertise.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 12:07 pm

HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on Perpetua Resources (NASDAQ:PPTA) but lowers the price target from $10.25 to $10.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:18 am

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