9 Best Mining Stocks to Buy According to Billionaire John Paulson

Page 5 of 5

1. Perpetua Resources Corp (NASDAQ:PPTA)

Billionaire John Paulson Q1’2024 Stake Value: $103,049,615

Idaho-based Perpetua Resources Corp (NASDAQ:PPTA) is one of the best-performing mining stocks in billionaire John Paulson’s portfolio. The mineral exploration company’s shares have gained more than 80% so far this year.  The stock jumped last month after Perpetua Resources Corp (NASDAQ:PPTA) said it received a letter of interest from the U.S. Export-Import Bank for potential debt financing of as much as $1.8 billion to develop the Stibnite gold project in Idaho as an emerging national strategic asset for antimony production.

If you are looking for an AI stock that is as promising as Microsoft but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Michael Burry Is Selling These Stocks and Opportunities in Uranium Stocks.

Disclosure: None. This article is originally published at Insider Monkey.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also look at the 10 Best Dividend Stocks of 2024 and the 7 Best Alternative Energy Stocks To Buy According to Analysts.

Page 5 of 5