Why Shares of Perpetua Resources Are Falling Today

Yahoo Finance ·

Starting the week on an inauspicious note, shares of Perpetua Resources ( PPTA -5.77% ) are sinking lower today. The mining company provided the market with an update on the development of its Stibnite Gold Project in central Idaho, and investors seem less than thrilled with the details. As of 3:04 p.m., Perpetua Resources' stock is down 6%. Perpetua Resources announced progress in the construction of an access road that will provide year-round access to the future open-pit gold and antimony mine.

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Bullish (Long) 57% · Bearish (Short) 43%

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