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KRO Profile
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| Price: | $4.300 | Open Rec: | See Strategy |  |
| Market Cap: | $271,770,354 | WC % of Mkt Cap: | 1% |
| Working Cap: | $2,048,240 | As of: | 9/30/2023 |
| Issued: | 63,202,408 | Insider %: | 41.4% | | Diluted: | 66,251,978 | Story Type: | Resource: Feasibility Demonstration |
| Key People: | Laurel Sayer (CEO), Marcelo Kim (Chair), Jessica Largent (CFO), Darren Morgans (CFO), Heather Ennis (Sec), |
 SV Rating: Bottom-Fish Spec Value - as of December 30, 2022: Perpetua Gold Corp, the new name for Midas Gold Corp effective Feb 18, 2021 following a 10:1 rollback on Jan 29, 2021 to allow a NASDAQ listing where it now trades with the symbol PPTA, has been a KRO Fair or Good Spec Value rated recommendation since September 6, 2013 based on its 100% owned gold-antimony Stibnite project in Idaho. On December 31, 2020 Perpetua was continued as a 2021 Favorite at $1.22 ($12.22 after adjusting for the 10:1 rollback) following the filing of a Draft Environmental Impact Statement by the USFS on Aug 14, 2020 and the company's delivery of a positive feasibility study on December 22, 2020. We are now waiting for the USFS to release a Final EIS in Q2 of 2021 followed by a draft Record of Decision in Q3 and a Final Record of Decision in Q4 which becomes the basis for ROD dependent permits and a construction decision in 2022 with production beginning in 2026 if CapEx of $1.3 billion can be raised. On April 5, 2021 Perpetua Gold Corp was confirmed as a Good Spec Value rated Favorite at $7.97 in Tracker Apr 5, 2021 which includes NPV and NPV/share based graphics for the Stibnite project using a close approximation of the parameters in the feasibility study's technical report and showing sensitivity to a gold price as high as $2,500. The feasibility study envisions a 15 year 20,000 tpd open-pit operation that mines three deposits whose refractory ore will be processed through a milling and pressure-oxidation complex that would yield 4,284,000 oz gold and 118 million lbs of antimony with a minor silver by-product. CapEx and Sustaining Capital were USD $1.292 billion and $295 million with OpEx at $26.45 per tonne. At base case prices of $1,600/oz gold, $20/oz silver and $3.50/lb antimony the after tax NPV was $1.347 billion at a 5% discount rate and...(see Profile for full Overview) |
| Last Corporate Change - Feb 18, 2021: 1:1 Name Change from Midas Gold Corp (MAX-T) |
| Last KRO Comment - Nov 3, 2022: KW Excerpt: Kaiser Watch November 3, 2022: Perpetua Gold Corp (PPTA-T) |
| Recent News - Nov 13, 2023: Third Quarter 2023 Highlights |
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Project |
Interest |
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Country |
Region |
Stage |
IPV
($mm) |
Target |
Deposit
Model |
 |
Stibnite |
100% WI |
 |
United States |
Idaho |
7-Permitting & Feasibility |
$285 |
Gold Antimony |
Epithermal Vein / Stockwork  |
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