Roth Capital raised the firm’s price target on Perpetua Resources (PPTA) to $32 from $30 and keeps a Buy rating on the shares. The firm says that with the posting of a $139M performance bond by the U.S. Forest Service, Perpetua may now commence full construction in its Stibnite Gold Project. Roth upped the price target citing the commencing of construction, potential exploration upside, and record gold prices.
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