Perpetua Resources price target lowered to $10 from $10.25 at H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle lowered the firm’s price target on Perpetua Resources to $10 from $10.25 and keeps a Buy rating on the shares. The reduced price target is the result of a decrease in the company’s cash balance as of quarter end Q2, the analyst tells investors in a research note.