Perpetua Resources Expands Leadership Team to Advance Stibnite Gold Project
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 1 hour ago
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Source: Newsfilter
- Leadership Expansion: Perpetua Resources announced the addition of several industry leaders, including Jim Norine and Tim Kahl, collectively bringing over 55 years of industry experience to accelerate Early Works construction of the Stibnite Gold Project, with a final investment decision expected in spring 2026.
- Project Management Advantage: Newly appointed Senior Vice President Jim Norine has over 25 years of project construction and engineering experience, having successfully delivered multiple large-scale mining projects, which will provide Perpetua with valuable project management capabilities to ensure the smooth advancement of the Stibnite Project.
- Human Resources Optimization: Vice President of Human Resources Dustin Rissmiller will leverage his extensive experience in team building across mining and energy projects to rapidly expand the team during construction, meeting project demands and enhancing operational efficiency.
- Investor Relations Strengthening: New Vice President of Investor Relations Joe Fazzini brings 15 years of capital markets experience, focusing on direct engagement with global institutional and retail investors, aiming to enhance the company's influence in the capital markets and support future financing needs.
PPTA.O$0.0000%Past 6 months

No Data
Analyst Views on PPTA
Wall Street analysts forecast PPTA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PPTA is 30.29 USD with a low forecast of 28.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast PPTA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PPTA is 30.29 USD with a low forecast of 28.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 24.780

Current: 24.780

B. Riley raised the firm's price target on Perpetua Resources to $30 from $25 and keeps a Buy rating on the shares. The firm cites the company's recent capital raise for the target increase and remains a buyer of the stock.
Outperform
maintain
$38 -> $41
Reason
BMO Capital analyst Brian Quast raised the firm's price target on Perpetua Resources to $41 from $38 and keeps an Outperform rating on the shares. The company announced that it broke ground on early works construction for the Stibnite project, and in the near term, Perpetua remains catalyst-rich, with a majority of these catalysts pertaining to non-dilutive financing, the analyst tells investors in a research note. These catalysts will continue to provide investors with additional upside despite the company trading at a premium to peers, the firm added.
Roth Capital raised the firm's price target on Perpetua Resources to $32 from $30 and keeps a Buy rating on the shares. The firm says that with the posting of a $139M performance bond by the U.S. Forest Service, Perpetua may now commence full construction in its Stibnite Gold Project. Roth upped the price target citing the commencing of construction, potential exploration upside, and record gold prices.
Outperform
initiated
$38
Reason
BMO Capital initiated coverage of Perpetua Resources with an Outperform rating and C$38 price target. The company has good exploration prospects along with non-dilutive funding from the U.S. government, the analyst tells investors in a research note. The firm estimates the Stibnite project to have an net present value of $2.9B with production starting in 2029.
About PPTA
Perpetua Resources Corp. is a development-stage company. The Company operates through mineral exploration in the United States segment. It is primarily engaged in acquiring mining properties with the intention of exploring, evaluating, and placing them into production. The Company’s principal business is the exploration and subject to receipt of required permitting, redevelopment, restoration and operation of the Stibnite Gold Project in Idaho, the United States. Its Stibnite Gold Project is located in central Idaho, the United States, which lies over 100 miles northeast of Boise, Idaho, over 38 miles east of McCall, Idaho, and approximately 10 miles east of Yellow Pine, Idaho. Its mineral Stibnite Gold Project contains gold, silver, and antimony mineral deposits. It focuses to explore, evaluate, and potentially redevelop three of the deposits known as the Hangar Flats Deposit, West End Deposit and Yellow Pine Deposit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.