PPTA FY2025 EPS Estimate Reduced by National Bank Financial

Perpetua Resources Corp. (NASDAQ:PPTA) – Research analysts at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for Perpetua Resources in a research report issued on Wednesday, February 19th. National Bank Financial analyst M. Parkin now forecasts that the company will post earnings per share of ($0.19) for the year, down from their previous forecast of ($0.17). The consensus estimate for Perpetua Resources’ current full-year earnings is ($0.21) per share. National Bank Financial also issued estimates for Perpetua Resources’ FY2026 earnings at ($0.45) EPS.

A number of other analysts have also commented on PPTA. HC Wainwright raised their price target on Perpetua Resources from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. Roth Mkm raised their target price on shares of Perpetua Resources from $15.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th.

Perpetua Resources Stock Performance

NASDAQ PPTA opened at $8.16 on Monday. The stock has a market cap of $573.97 million, a P/E ratio of -37.09 and a beta of 0.20. Perpetua Resources has a fifty-two week low of $2.69 and a fifty-two week high of $13.23. The stock has a 50 day simple moving average of $11.30 and a two-hundred day simple moving average of $10.13.

Hedge Funds Weigh In On Perpetua Resources

A number of institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in shares of Perpetua Resources in the 3rd quarter worth approximately $125,000. Fourth Sail Capital LP purchased a new stake in shares of Perpetua Resources in the third quarter worth $10,405,000. Intech Investment Management LLC bought a new position in shares of Perpetua Resources during the third quarter valued at $98,000. Quantbot Technologies LP purchased a new position in shares of Perpetua Resources in the 3rd quarter worth about $123,000. Finally, PEAK6 Investments LLC bought a new position in Perpetua Resources in the 3rd quarter worth about $243,000. Institutional investors own 70.07% of the company’s stock.

Insider Activity at Perpetua Resources

In other Perpetua Resources news, Director Andrew Phillip Cole purchased 9,450 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was bought at an average cost of $7.99 per share, for a total transaction of $75,505.50. Following the purchase, the director now directly owns 9,450 shares in the company, valued at $75,505.50. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Alan Dean purchased 5,000 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were acquired at an average cost of $8.32 per share, with a total value of $41,600.00. Following the completion of the transaction, the director now owns 10,000 shares in the company, valued at $83,200. This trade represents a 100.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.90% of the stock is currently owned by corporate insiders.

About Perpetua Resources

Perpetua Resources Corp. engages in the exploration and development of mineral properties in the United States. The company primarily explores for gold, silver, and antimony deposits. Its principal asset is the 100% owned Stibnite Gold project, which includes 1,672 unpatented lode claims, mill sites, and patented land holdings covering an area of approximately 11,548 hectares located in Valley County, Idaho.