Perpetua Resources Corp Stock Price, News & Analysis

Perpetua Resources (Nasdaq: PPTA) entered an agreement with Idaho National Laboratory (via Battelle) to host, commission, and operate a modular pilot processing plant to recover critical and defense-related minerals, including antimony, from material from Perpetua's Stibnite Gold Project.

The pilot aims to demonstrate production of military-spec antimony trisulfide, advance domestic defense mineral processing, and expand workforce training in Idaho. Perpetua has received $6.9M additional DOTC funding, bringing total DOTC awards to $22.4M, and expects to supply up to 35% of U.S. antimony demand during its first six years of operations.

Perpetua Resources (Nasdaq: PPTA) announced senior leadership additions as Early Works construction of the Stibnite Gold Project continues and a final investment decision is expected in the spring of 2026. New hires include Jim Norine (SVP Projects), Tim Kahl (SVP Technical Services), Dustin Rissmiller (VP Human Resources) and Joe Fazzini (VP Investor Relations). Michael Wright, VP Projects, resigned on Dec 3, 2025 and will provide consulting support through early March 2026. The release notes Perpetua has commenced Early Works construction in October 2025 and previously raised over $800 million in equity to support project development.

Perpetua Resources (Nasdaq: PPTA) announced the Stibnite Gold Project has received a conditional U.S. Forest Service Notice to Proceed and may begin development once required financial assurance is posted. The project received $80 million in Department of Defense funding and is positioned to produce domestic antimony, a critical mineral for defense.

Key metrics: 4.8 million ounces gold reserves; expected ~450,000 oz gold/year for first four years; could supply up to 35% of U.S. antimony demand in its first six years. Perpetua reports >$20 million spent on water improvements, cleanup of 375,000 tons of legacy waste, and job creation of 950 construction and 550 operations roles.

Perpetua Resources (Nasdaq: PPTA) filed unaudited results for the period ended Sept 30, 2025 and reported multiple project and financing milestones toward the Stibnite Gold Project.

Key items: groundbreaking on Oct 21, 2025; $255 million strategic equity investment closed Oct 28, 2025; $78 million registered offering closed Oct 30–31, 2025; full exercise of underwriter option raising $49 million closed July 14, 2025; and a $2.0 billion U.S. EXIM Preliminary Project Letter/Indicative Term Sheet received Sept 8, 2025. The company received a conditional Notice to Proceed from the U.S. Forest Service and began early works; management changes include a new CFO effective Oct 1, 2025.

Perpetua Resources (Nasdaq: PPTA) priced a public offering of 2,938,000 common shares at US$24.25 per share for gross proceeds of approximately $71.2 million on October 28, 2025. Under an Investor Rights Agreement, Agnico Eagle indicated intent to exercise a pro rata right to buy an additional 288,200 shares in a concurrent private placement for $7.0 million, which would raise total gross proceeds to $78.2 million if completed.

Proceeds are expected to fund construction and development of the Stibnite Gold Project, working capital beyond project costs, exploration, restoration and general corporate purposes. The offering is expected to close on or about October 30, 2025 and is being managed by BMO Capital Markets, National Bank of Canada Capital Markets and RBC Capital Markets.

Perpetua Resources (Nasdaq: PPTA) announced a public offering of $70 million of common shares in the United States on October 28, 2025. The company said Agnico Eagle Mines intends to exercise its pro rata participation right via a concurrent private placement at the public offering price.

Proceeds are expected to fund the Stibnite Gold Project, working capital beyond project costs, ongoing exploration and development, restoration and reclamation, and general corporate purposes. The offering will be managed by BMO Capital Markets, National Bank of Canada Capital Markets and RBC Capital Markets and will be made pursuant to an effective Form S-3 shelf registration in the U.S.

The concurrent private placement is subject to customary closing conditions and is not guaranteed, and the concurrent sale will not be registered under the U.S. Securities Act.

Perpetua Resources (Nasdaq: PPTA) announced a $255 million private placement: $180M from Agnico Eagle and $75M from JPMorganChase, priced at $23.30 per share, expected to close on or about Oct 28, 2025. Agnico purchases 7,725,321 shares (~6.5% non-diluted stake) and receives warrants enabling up to $100M additional proceeds; JPMorganChase purchases 3,218,884 shares (~2.7% stake) with warrants enabling up to $42M. Proceeds will fund Stibnite Gold Project development, exploration, working capital and general corporate purposes.

Perpetua also referenced a previously submitted EXIM financing application (up to $2B) and noted the EXIM letter of interest is non-binding and conditional.

Perpetua Resources (Nasdaq: PPTA) broke ground on early works for the Stibnite Gold Project on October 21, 2025 after posting $139 million in cash-secured construction financial assurance and receiving USFS notice that 2025 ROD requirements were satisfied. The project hosts the stated only U.S. antimony reserve and is projected to contain ~4.8 million ounces of gold reserves with expected production of ~450,000 ounces annually in the first four years.

Perpetua expects >950 construction jobs and >550 operational jobs, received an indicative EXIM term sheet for $2 billion in debt support, and plans to replace cash assurance with non-cash arrangements while completing final financing.

Perpetua Resources (NASDAQ: PPTA) announced that President & CEO Jon Cherry will appear live on FOX Business' Mornings with Maria on Wednesday, October 15, 2025 at 7:30am ET.

The segment will cover China's control of rare earths and critical minerals, antimony, and next steps for the Stibnite Gold Project, including that early works construction could begin as soon as next week. Viewers can watch on the FOX Business Network or at www.foxbusiness.com.