Gold Hits $3,700, Setting New Records as Analysts Predict This Rally Marks the Start of a New Cycle for Precious Metals and Mining Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 16 2025
0mins
Should l Buy PPTA?
Source: Benzinga
Gold Price Surge: Gold prices have reached a record high of $3,699.57, with market experts suggesting that this rally is just the beginning of a new cycle rather than a bubble, particularly in the gold mining sector.
Mining Stocks Performance: Mining stocks are leading the rise in gold prices, with significant year-to-date performances from various companies, indicating strong bullish sentiment in the market.
Market Dynamics: The increase in gold prices is attributed to a weakening U.S. dollar and expectations of a Federal Reserve rate cut, with analysts suggesting that any short-term dips in gold could present buying opportunities.
Historical Context: Gold is on track for its best year since 1979, with a notable increase of over 40% in 2025, supported by technical indicators that suggest further gains are likely in the near future.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy PPTA?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on PPTA
Wall Street analysts forecast PPTA stock price to fall
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 34.310
Low
30.00
Averages
32.72
High
40.00
Current: 34.310
Low
30.00
Averages
32.72
High
40.00
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.
Perpetua Resources Executive Sells Shares
- Insider Selling: On February 12, 2026, Perpetua Resources' Senior Vice President of External Affairs, Margaret McKinsey Lyon, sold 43,722 common shares valued at approximately $1.21 million, indicating potential concerns about the company's future despite previous stock performance.
- Shareholding Status: Following the sale, Lyon retains 34,607 Restricted Share Units (RSUs) convertible into common shares, suggesting she still holds a vested interest in the company's long-term prospects.
- Market Outlook: With the Pentagon's $4.5 billion investment in the critical minerals market in late 2025, Perpetua Resources stands to benefit significantly from domestic mining initiatives, particularly through its Stibnite Gold Project aimed at gold and antimony extraction.
- Stock Performance: Perpetua's stock surged approximately 125% in 2025 and has already risen nearly 50% in 2026 as of February 28, reflecting strong market expectations ahead of its upcoming Q4 FY 2025 earnings report on March 18, which could further enhance its growth trajectory.
See More
Perpetua Resources Executive Sells Shares Worth $1.21 Million
- Executive Share Sale: Margaret McKinsey Lyon, Senior VP of External Affairs at Perpetua Resources, sold 43,722 common shares on February 12, 2026, valued at approximately $1.21 million, indicating executive confidence and liquidity management.
- Transaction Context: The sale followed the vesting and settlement of Restricted Share Units and Performance Share Units, with shares sold to cover tax obligations, reflecting strategic tax planning by the executive.
- Holding Proportion Change: This transaction marks the largest single-day sale by the insider, representing 23.08% of direct holdings, which may raise market concerns regarding future holding intentions and impact investor confidence.
- Market Outlook: With the Pentagon investing $4.5 billion in the critical minerals market in 2025, Perpetua Resources' prospects for domestic gold and antimony mining appear promising, likely driving further stock price growth ahead of the upcoming Q4 FY 2025 earnings report.
See More
U.S. Launches Strategic Minerals Reserve Initiative
- Strategic Minerals Reserve: The White House has launched Project Vault, a $12 billion initiative backed by a $10 billion EXIM loan aimed at establishing the first U.S. Strategic Critical Minerals Reserve in response to China's export restrictions on antimony, tungsten, and silver.
- New Silver Discoveries: Americore Resources has uncovered five historic drill holes at its Trinity Silver Project in Nevada, with Hole SC-4 returning a silver grade of 145.98 g/t, indicating that the existing 36 million-ounce silver resource estimate may be significantly understated, which could enhance the company's resource valuation.
- Drone Magnetometer Survey: Americore has completed a drone magnetometer survey covering approximately 350 line-kilometers, which will aid in understanding both the historic resource and the alteration halo surrounding the pit, providing critical data for future resource assessments.
- Historic Stockpile Evaluation: Americore is evaluating options to monetize approximately 400,000 ounces of silver in oxide material and 365,000 ounces in sulfide material from historic stockpiles, which could strengthen the company's financial position and further drive project development.
See More
NevGold Corp Reports Positive Drill Results at Limousine Butte Project
- Mineralization Expansion: NevGold Corp has reported significant gold-antimony mineralization at its Limousine Butte Project in Nevada, with LB25-019 hole showing 12.42 g/t AuEq, indicating an expanding mineralization footprint that could enhance future Mineral Resource Estimates.
- Drilling Results: The ongoing 2025-2026 drilling program has completed 30 holes, all of which intercepted significant gold-antimony mineralization, particularly LB25-013 which showed 1.37 g/t AuEq over 21.4 meters, highlighting the project's substantial mineralization potential.
- Strategic Importance: Antimony is classified as a critical mineral by the U.S., and the high-grade antimony mineralization at the Limousine Butte project not only addresses domestic demand but may also play a crucial role in future production amid global supply constraints.
- Project Development Plans: NevGold plans to advance the Limousine Butte project in 2025-2026, including metallurgical testing and Mineral Resource Estimates, aiming for near-term production and cash flow generation.
See More
China's Export Restrictions Reshape Global Mining Landscape
- Strategic Shift: China's export restrictions on silver, tungsten, and antimony signal a major strategic shift in global procurement, prompting the U.S. government to mobilize over $30 billion to secure critical mineral supply chains, thereby elevating defense priorities significantly.
- Resource Development Plan: RUA GOLD Inc. has initiated an aggressive development plan with four drill rigs at the Reefton Goldfield in New Zealand, planning to submit a fast-track referral application in Q1 2026, which, if approved, would enter the fastest six-month permitting window globally, significantly accelerating project timelines.
- High-Grade Discovery: Drilling at the Auld Creek target revealed a significant intersection of 3.0 meters at 21.27 g/t AuEq, extending the deposit strike length to 870 meters, indicating substantial mineral potential in the area that could attract further investment.
- M&A Trends: The 2026 mining M&A landscape focuses on consolidation and supply chain security, with Eldorado Gold's merger with Foran Mining expected to generate approximately $2.1 billion in EBITDA annually, further solidifying its leadership position in the gold-copper sector.
See More
Analysis of Perpetua Resources Corp Options Trading
- Options Selling Risks: Selling puts does not provide investors with the same upside potential as owning shares, as the put seller only acquires shares if the contract is exercised, and unless Perpetua Resources Corp's shares decline by 25.8%, the only benefit is a 16.3% annualized return from the premium.
- Strike Price Analysis: At the $20 strike price, the put seller only profits if exercising the option yields a better outcome than selling at the market price, necessitating careful market evaluation to avoid losses.
- Volatility Consideration: With a trailing twelve-month volatility of 84% for Perpetua Resources Corp, this metric, combined with fundamental analysis, aids investors in assessing whether selling the January 2027 put at the $20 strike is a worthwhile risk.
- Yield Assessment: The only profit from selling puts comes from the collected premium, and if the stock price does not meet the exercise conditions, investors must weigh the risks against the potential 16.3% annualized return.
See More
Perpetua Resources Executive Sells Shares
- Insider Selling: On February 12, 2026, Perpetua Resources' Senior Vice President of External Affairs, Margaret McKinsey Lyon, sold 43,722 common shares valued at approximately $1.21 million, indicating potential concerns about the company's future despite previous stock performance.
- Shareholding Status: Following the sale, Lyon retains 34,607 Restricted Share Units (RSUs) convertible into common shares, suggesting she still holds a vested interest in the company's long-term prospects.
- Market Outlook: With the Pentagon's $4.5 billion investment in the critical minerals market in late 2025, Perpetua Resources stands to benefit significantly from domestic mining initiatives, particularly through its Stibnite Gold Project aimed at gold and antimony extraction.
- Stock Performance: Perpetua's stock surged approximately 125% in 2025 and has already risen nearly 50% in 2026 as of February 28, reflecting strong market expectations ahead of its upcoming Q4 FY 2025 earnings report on March 18, which could further enhance its growth trajectory.
See More
Perpetua Resources Executive Sells Shares Worth $1.21 Million
- Executive Share Sale: Margaret McKinsey Lyon, Senior VP of External Affairs at Perpetua Resources, sold 43,722 common shares on February 12, 2026, valued at approximately $1.21 million, indicating executive confidence and liquidity management.
- Transaction Context: The sale followed the vesting and settlement of Restricted Share Units and Performance Share Units, with shares sold to cover tax obligations, reflecting strategic tax planning by the executive.
- Holding Proportion Change: This transaction marks the largest single-day sale by the insider, representing 23.08% of direct holdings, which may raise market concerns regarding future holding intentions and impact investor confidence.
- Market Outlook: With the Pentagon investing $4.5 billion in the critical minerals market in 2025, Perpetua Resources' prospects for domestic gold and antimony mining appear promising, likely driving further stock price growth ahead of the upcoming Q4 FY 2025 earnings report.
See More
U.S. Launches Strategic Minerals Reserve Initiative
- Strategic Minerals Reserve: The White House has launched Project Vault, a $12 billion initiative backed by a $10 billion EXIM loan aimed at establishing the first U.S. Strategic Critical Minerals Reserve in response to China's export restrictions on antimony, tungsten, and silver.
- New Silver Discoveries: Americore Resources has uncovered five historic drill holes at its Trinity Silver Project in Nevada, with Hole SC-4 returning a silver grade of 145.98 g/t, indicating that the existing 36 million-ounce silver resource estimate may be significantly understated, which could enhance the company's resource valuation.
- Drone Magnetometer Survey: Americore has completed a drone magnetometer survey covering approximately 350 line-kilometers, which will aid in understanding both the historic resource and the alteration halo surrounding the pit, providing critical data for future resource assessments.
- Historic Stockpile Evaluation: Americore is evaluating options to monetize approximately 400,000 ounces of silver in oxide material and 365,000 ounces in sulfide material from historic stockpiles, which could strengthen the company's financial position and further drive project development.
See More
NevGold Corp Reports Positive Drill Results at Limousine Butte Project
- Mineralization Expansion: NevGold Corp has reported significant gold-antimony mineralization at its Limousine Butte Project in Nevada, with LB25-019 hole showing 12.42 g/t AuEq, indicating an expanding mineralization footprint that could enhance future Mineral Resource Estimates.
- Drilling Results: The ongoing 2025-2026 drilling program has completed 30 holes, all of which intercepted significant gold-antimony mineralization, particularly LB25-013 which showed 1.37 g/t AuEq over 21.4 meters, highlighting the project's substantial mineralization potential.
- Strategic Importance: Antimony is classified as a critical mineral by the U.S., and the high-grade antimony mineralization at the Limousine Butte project not only addresses domestic demand but may also play a crucial role in future production amid global supply constraints.
- Project Development Plans: NevGold plans to advance the Limousine Butte project in 2025-2026, including metallurgical testing and Mineral Resource Estimates, aiming for near-term production and cash flow generation.
See More
China's Export Restrictions Reshape Global Mining Landscape
- Strategic Shift: China's export restrictions on silver, tungsten, and antimony signal a major strategic shift in global procurement, prompting the U.S. government to mobilize over $30 billion to secure critical mineral supply chains, thereby elevating defense priorities significantly.
- Resource Development Plan: RUA GOLD Inc. has initiated an aggressive development plan with four drill rigs at the Reefton Goldfield in New Zealand, planning to submit a fast-track referral application in Q1 2026, which, if approved, would enter the fastest six-month permitting window globally, significantly accelerating project timelines.
- High-Grade Discovery: Drilling at the Auld Creek target revealed a significant intersection of 3.0 meters at 21.27 g/t AuEq, extending the deposit strike length to 870 meters, indicating substantial mineral potential in the area that could attract further investment.
- M&A Trends: The 2026 mining M&A landscape focuses on consolidation and supply chain security, with Eldorado Gold's merger with Foran Mining expected to generate approximately $2.1 billion in EBITDA annually, further solidifying its leadership position in the gold-copper sector.
See More
Analysis of Perpetua Resources Corp Options Trading
- Options Selling Risks: Selling puts does not provide investors with the same upside potential as owning shares, as the put seller only acquires shares if the contract is exercised, and unless Perpetua Resources Corp's shares decline by 25.8%, the only benefit is a 16.3% annualized return from the premium.
- Strike Price Analysis: At the $20 strike price, the put seller only profits if exercising the option yields a better outcome than selling at the market price, necessitating careful market evaluation to avoid losses.
- Volatility Consideration: With a trailing twelve-month volatility of 84% for Perpetua Resources Corp, this metric, combined with fundamental analysis, aids investors in assessing whether selling the January 2027 put at the $20 strike is a worthwhile risk.
- Yield Assessment: The only profit from selling puts comes from the collected premium, and if the stock price does not meet the exercise conditions, investors must weigh the risks against the potential 16.3% annualized return.
See More
