National Bank Financial Comments on PPTA FY2027 Earnings

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

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

Perpetua Resources Stock Performance

PPTA opened at $8.35 on Friday. Perpetua Resources has a one year low of $2.69 and a one year high of $13.23. The stock has a market capitalization of $587.35 million, a PE ratio of -37.95 and a beta of 0.20. The business’s 50 day moving average price is $11.48 and its 200 day moving average price is $10.04.

Institutional Trading of Perpetua Resources

Hedge funds have recently modified their holdings of the stock. State Street Corp raised its stake in shares of Perpetua Resources by 8.8% in the third quarter. State Street Corp now owns 593,502 shares of the company’s stock valued at $5,549,000 after acquiring an additional 48,220 shares in the last quarter. Barclays PLC raised its stake in shares of Perpetua Resources by 63.4% in the third quarter. Barclays PLC now owns 74,119 shares of the company’s stock valued at $694,000 after acquiring an additional 28,746 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Perpetua Resources by 232.2% in the third quarter. JPMorgan Chase & Co. now owns 57,158 shares of the company’s stock valued at $534,000 after acquiring an additional 39,954 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Perpetua Resources by 4.3% in the third quarter. Jane Street Group LLC now owns 63,527 shares of the company’s stock valued at $597,000 after acquiring an additional 2,605 shares in the last quarter. Finally, Ninety One UK Ltd acquired a new stake in shares of Perpetua Resources in the fourth quarter valued at $1,693,000. 70.07% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Alan Douglas Haslam sold 10,400 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $9.24, for a total value of $96,096.00. Following the sale, the insider now directly 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.90% of the stock is owned by insiders.

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.