The Globe and Mail reports in its Friday, Sept. 6, edition that National Bank Financial analyst Mike Parkin rates Perpetua Resources "outperform" in new coverage. The Globe's David Leeder writes in the Eye On Equities column that Mr. Parkin set a share target of $19. Analysts on average target the shares at $12.48. Perpetua Resources shares are up over 160 per cent in 2024. That compares with a 23-per-cent gain for the S&P/TSX Global Gold Index. Mr. Parkin is bullish on Perpetua, pointing to recent U.S. supply constraint developments of antimony, a critical mineral contained in its Stibnite open-pit gold mine in Idaho, as well as derisking of the project from a financing basis. On Thursday Perpetua announced it has received authorization from the U.S. Forest Service for Stibnite, which is the only U.S. source of antimony that is set to face a export restrictions by China. Mr. Parkin says in a note: "We believe Stibnite's contained antimony supports a path toward the project becoming fully-permitted in the near term, something that has been a long-term overhang. Perpetua is trading at an EV/GEO (total resource) below what we believe are relevant peers on both a takeout potential basis and a development company basis."