B. Riley raised the firm’s price target on Perpetua Resources (PPTA) to $30 from $25 and keeps a Buy rating on the shares. The firm cites the company’s recent capital raise for the target increase and remains a buyer of the stock.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PPTA:
- Perpetua Resources 2.94M share Spot Secondary priced at $24.25
- Perpetua Resources Secures $255M for Stibnite Project
- Perpetua Resources announces $70M common shares offering
- Perpetua Resources price target raised to $44 from $41 at BMO Capital
- Morning News Wrap-Up: Monday’s Biggest Stock Market Stories!
