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Perpetua Resources Receives Notice to Proceed for Stibnite

Story Highlights
  • Perpetua Resources received a conditional Notice to Proceed for its Stibnite Gold Project.
  • The company plans to start early works construction in fall 2025 after posting financial assurance bonds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perpetua Resources Receives Notice to Proceed for Stibnite

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Perpetua Resources ( (PPTA) ) has issued an announcement.

On September 19, 2025, Perpetua Resources announced it received a conditional Notice to Proceed from the U.S. Forest Service for the Stibnite Gold Project, indicating that all requirements from the January 2025 Record of Decision were met. The project can begin construction once financial assurance bonding is posted, which the company expects to complete in the coming weeks, allowing early works construction to start in fall 2025. The announcement was celebrated with a ceremony at the Stibnite Mining District, where a $350,000 check was presented to the Stibnite Foundation, highlighting the project’s progression to development.

The most recent analyst rating on (PPTA) stock is a Buy with a $23.00 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 primarily on the development of the Stibnite Gold Project. The company is engaged in extracting gold and other minerals, with a market focus on advancing its mining operations in the historical Stibnite Mining District.

Average Trading Volume: 2,702,889

Technical Sentiment Signal: Buy

Current Market Cap: $1.97B

For an in-depth examination of PPTA stock, go to TipRanks’ Overview page.

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