Perpetua Resources (PPTA) Stock

The mean of analysts' price targets for Perpetua Resources (PPTA) points to a 72.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Here is how Perpetua Resources Corp. (PPTA) and Sappi Ltd. (SPPJY) have performed compared to their sector so far this year.

BOISE, Idaho , Nov. 18, 2024 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or the "Company") today announced the pricing of its previously announced public offering of 3,439,465 shares of its common stock (the "Common Shares") in the United States ( the "Offering") at a price to the public of US$10.17. The gross proceeds to Perpetua Resources from the Offering, before deducting commissions and expenses and other Offering expenses, will be approximately $35 million, or approximately $40 million if the Underwriters exercise the Option (as defined below) in full.

BOISE, Idaho , Nov. 18, 2024 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or the "Company") today announced the launch of a public offering of 3,439,465 shares of its common stock (the "Common Shares") in the United States ( the "Offering"). The Company expects to use the net proceeds of the Offering for down payments on long lead time materials, detailed engineering for its Stibnite Gold Project, and general corporate purposes.

BOISE, Idaho , Nov. 14, 2024 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today that its unaudited condensed consolidated financial results for the period ended September 30, 2024 were filed. For details, please see the Company's filings available on EDGAR and SEDAR.

BOISE, Idaho , Aug. 9, 2024 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today that its unaudited condensed consolidated financial results for the period ended June 30, 2024 were filed. For details, please see the Company's filings available on EDGAR and SEDAR.

Perpetua Resources Corp. disclosed the outcomes of its yearly general meeting, which took place online via a virtual meeting platform on May 16, 2024. A total of 47,342,353 common shares were present at the meeting, representing 73.83% of the total votes attached to all outstanding shares as of the Company's record date on March 22, 2024.

Perpetua Resources Corp. is recommended as a Buy due to its potential for profitable gold production in Idaho and the positive outlook for gold prices. Economists predict a recession between late 2023 and early 2024, which would increase demand for gold as a safe haven and drive up its price. Perpetua Resources Corp. shares have a strong positive correlation with changes in the price of gold, presenting a major opportunity for significant growth.