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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.

While we acknowledge the potential of PPTA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PPTA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best New Penny Stocks to Invest In and 13 Best Gold Mining Companies to Invest In Now.

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

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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