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Perpetua Resources ( (PPTA) ) just unveiled an announcement.
On June 11, 2025, Perpetua Resources Corp. entered into an underwriting agreement to issue and sell 24,622,000 common shares at $13.20 per share, with an option for underwriters to purchase additional shares. This agreement, amended on June 12, 2025, is part of a broader offering that raised approximately $311 million. Concurrently, a subscription agreement with Paulson & Co. Inc. led to the sale of 7,575,757 shares, raising an additional $100 million, reducing Paulson’s ownership from 34.6% to 31.2%. The company plans to discuss the offering and future steps for the Stibnite Gold Project in a webinar on June 18, 2025.
The most recent analyst rating on (PPTA) stock is a Buy with a $18.25 price target. To see the full list of analyst forecasts on Perpetua Resources stock, see the PPTA Stock Forecast page.
Spark’s Take on PPTA Stock
According to Spark, TipRanks’ AI Analyst, PPTA is a Neutral.
Perpetua Resources presents a mixed picture. The strong technical momentum could attract speculative interest, but financial fundamentals are weak, with no revenue and reliance on financing for cash flow. The stock’s valuation is unappealing due to the lack of profitability and dividend yield. Investors should be cautious of the overbought technical indicators and consider the company’s long-term revenue generation challenges.
To see Spark’s full report on PPTA stock, click here.
More about Perpetua Resources
Perpetua Resources Corp. operates in the mining industry, focusing on the development of mineral resources. The company is primarily involved in the exploration and development of gold and antimony deposits, with a significant project known as the Stibnite Gold Project.
Average Trading Volume: 1,428,120
Technical Sentiment Signal: Buy
Current Market Cap: $918.3M
See more data about PPTA stock on TipRanks’ Stock Analysis page.