Perpetua Resources stock hits 52-week high at 23.05 USD

Perpetua Resources Corp stock (market cap: $2.35 billion) reached a significant milestone, hitting a 52-week high at 23.05 USD. According to InvestingPro analysis, the stock’s RSI indicates overbought territory, while analyst price targets range from $21 to $30. This achievement underscores a remarkable year for the company, with its stock price experiencing an impressive 1-year change of 140.53%. The surge reflects investor confidence and interest in the company, driven by various factors that have positively impacted its market performance over the past year. As Perpetua Resources continues to make strides in its sector, stakeholders are closely monitoring its trajectory and potential future growth. InvestingPro analysis suggests the stock is trading slightly above its Fair Value, with 14 additional exclusive insights available to subscribers.

In other recent news, Perpetua Resources Corp. has announced several key developments. The company received a conditional Notice to Proceed from the U.S. Forest Service for its Stibnite Gold Project, confirming that all necessary requirements have been met. This approval allows construction to begin once Perpetua secures the required financial assurance bonding. Additionally, Perpetua plans to issue a Request for Proposal to evaluate potential partners for processing antimony from its Stibnite Gold Project, aiming to utilize its 148-million-pound antimony reserve for commercial purposes.

In leadership changes, Perpetua named Mark Murchison as the new Chief Financial Officer, effective October 1, 2025, succeeding Jessica Largent, who announced her retirement. Murchison brings extensive experience from his previous roles at Alacer Gold, Rio Tinto, and US Vanadium. Meanwhile, H.C. Wainwright has reiterated its Buy rating on Perpetua Resources with a $30 price target, following the company’s progress on the Stibnite Gold Project. These recent developments highlight significant steps in Perpetua’s operational and strategic initiatives.

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