National Bank Financial Comments on PPTA FY2027 Earnings

Perpetua Resources Corp. (NASDAQ:PPTA) – Equities researchers at National Bank Financial issued their FY2027 earnings estimates for Perpetua Resources in a research report issued on Wednesday, February 19th. National Bank Financial analyst M. Parkin expects that the company will post earnings per share of ($1.45) for the year. The consensus estimate for Perpetua Resources’ current full-year earnings is ($0.21) per share.

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

Perpetua Resources Stock Performance

Shares of NASDAQ PPTA opened at $8.35 on Friday. Perpetua Resources has a fifty-two week low of $2.69 and a fifty-two week high of $13.23. The company has a 50 day simple moving average of $11.48 and a two-hundred day simple moving average of $10.07. The company has a market capitalization of $587.34 million, a price-to-earnings ratio of -37.95 and a beta of 0.20.

Insider Activity at Perpetua Resources

In related news, insider Alan Douglas Haslam sold 10,400 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $9.24, for a total value of $96,096.00. Following the sale, the insider now owns 65,763 shares in the company, valued at approximately $607,650.12. This trade represents a 13.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Perpetua Resources

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sprott Inc. boosted its holdings in Perpetua Resources by 5.3% in the fourth quarter. Sprott Inc. now owns 2,938,871 shares of the company’s stock worth $31,358,000 after purchasing an additional 148,273 shares during the last quarter. Fourth Sail Capital LP purchased a new stake in Perpetua Resources in the third quarter worth approximately $10,405,000. Condire Management LP boosted its holdings in Perpetua Resources by 6.9% in the fourth quarter. Condire Management LP now owns 890,459 shares of the company’s stock worth $9,501,000 after purchasing an additional 57,399 shares during the last quarter. Amundi purchased a new stake in Perpetua Resources in the fourth quarter worth approximately $7,788,000. Finally, State Street Corp boosted its holdings in Perpetua Resources by 8.8% in the third quarter. State Street Corp now owns 593,502 shares of the company’s stock worth $5,549,000 after purchasing an additional 48,220 shares during the last quarter. Hedge funds and other institutional investors own 70.07% of the company’s stock.

Perpetua Resources Company Profile

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.