PPTA FY2025 EPS Forecast Lowered by National Bank Financial

Perpetua Resources Corp. (NASDAQ:PPTA) – Analysts at National Bank Financial cut their FY2025 earnings estimates for Perpetua Resources in a research report issued on Wednesday, February 19th. National Bank Financial analyst M. Parkin now anticipates that the company will post earnings of ($0.19) per share for the year, down from their prior estimate 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.

Several other research firms have also recently issued reports on PPTA. HC Wainwright upped their price target on shares of Perpetua Resources from $22.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. Roth Mkm boosted 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.

Perpetua Resources Price Performance

PPTA opened at $8.35 on Monday. The stock has a market capitalization of $587.34 million, a PE ratio of -37.95 and a beta of 0.20. The firm’s fifty day moving average price is $11.48 and its 200 day moving average price is $10.10. Perpetua Resources has a 12-month low of $2.69 and a 12-month high of $13.23.

Hedge Funds Weigh In On Perpetua Resources

Several institutional investors have recently modified their holdings of PPTA. Bank of Montreal Can grew its position in Perpetua Resources by 1.6% in the 4th quarter. Bank of Montreal Can now owns 67,594 shares of the company’s stock valued at $721,000 after buying an additional 1,054 shares in the last quarter. Geode Capital Management LLC grew its position in Perpetua Resources by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 484,829 shares of the company’s stock valued at $4,533,000 after buying an additional 2,252 shares in the last quarter. Jane Street Group LLC grew its position in Perpetua Resources by 4.3% in the 3rd quarter. Jane Street Group LLC now owns 63,527 shares of the company’s stock valued at $597,000 after buying an additional 2,605 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Perpetua Resources by 24.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,722 shares of the company’s stock valued at $168,000 after buying an additional 3,067 shares in the last quarter. Finally, Lane & Associates LLC lifted its holdings in Perpetua Resources by 24.0% in the 4th quarter. Lane & Associates LLC now owns 15,987 shares of the company’s stock valued at $189,000 after acquiring an additional 3,095 shares during the last quarter. Institutional investors own 70.07% of the company’s stock.

Insider Buying and Selling at Perpetua Resources

In other news, insider Alan Douglas Haslam sold 10,400 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $9.24, for a total transaction of $96,096.00. Following the completion of the transaction, the insider now owns 65,763 shares in the company, valued at approximately $607,650.12. This represents a 13.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.90% of the stock is owned by 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.