Perpetua Resources (PPTA) 2025: The Gold Stock That Doubled – Will the Rally Continue?
Perpetua Resources shares have surged 123% in the past year after securing final federal permits for its Stibnite Gold Project in 2025. The company raised $474 million in new equity and applied for up to $2 billion in project debt from EXIM. Stibnite would become the only U.S. source of mined antimony, supplying about 35% of domestic demand. Construction is set to begin in late 2025, pending final state approvals.