Why Are Analysts Positive on Perpetua Resources Corp. (NASDAQ:PPTA)?

Perpetua Resources Corp. (NASDAQ:PPTA) is one of the 10 Best Precious Metal Stocks to Buy After the U.S. Venezuela Mission.

Over the last six months, Perpetua Resources Corp. (NASDAQ:PPTA) shares have soared by over 107% as of January 9. All analysts covering PPTA remain positive on the stock and have a consensus Buy rating. The analysts’ median 1-year price target of $32 indicates an upside of almost 8.77%.

On December 10, RBC Capital raised its price target on Perpetua Resources Corp. (NASDAQ:PPTA) from $28 to $40, maintaining a Buy rating on the shares. RBC’s analyst Michael Siperco believes that the Stibnite project in Idaho presents a large-scale, high-margin gold operation with strategically important antimony byproduct. Siperco sees this as a great opportunity for Perpetua that could increase returns and support funding efforts.

In other news on December 16, Perpetua Resources Corp. (NASDAQ:PPTA) reported the hiring of Hatch Ltd. as the Engineering, Procurement, and Construction Management (EPCM) contractor for the Stibnite Gold project. Along with this, Hatch will be investing $4 million in Perpetua as the contractor sees potential in the project and believes in the strategic vision of the company.

Hatch’s Private Placement consists of 138,696 common shares of Perpetua Resources at a per share price of $28.24, as per the closing price on December 12, 2025. John Bianchini, CEO of Hatch, said:

Partnering with Perpetua to safely and efficiently deliver this project is our highest priority.

Perpetua Resources Corp. (NASDAQ:PPTA) is a development-stage mining company. Perpetua engages in the acquisition of mining properties in the U.S. and explores for gold, silver, and antimony deposits.

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Disclosure: None. This article is originally published at Insider Monkey.