FY2025 EPS Estimates for PPTA Cut by National Bank Financial

Perpetua Resources Corp. (NASDAQ:PPTA) – Stock analysts at National Bank Financial lowered their FY2025 EPS estimates for shares of Perpetua Resources in a report issued on Wednesday, February 19th. National Bank Financial analyst M. Parkin now forecasts that the company will earn ($0.19) per share for the year, down from their previous 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.

A number of other research analysts also recently commented on the company. Roth Mkm boosted their target price on 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 boosted their price objective on Perpetua Resources from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th.

Perpetua Resources Price Performance

Shares of PPTA opened at $8.03 on Monday. The business’s 50-day moving average is $11.39 and its 200-day moving average is $10.12. Perpetua Resources has a fifty-two week low of $2.69 and a fifty-two week high of $13.23. The company has a market capitalization of $564.83 million, a price-to-earnings ratio of -36.50 and a beta of 0.20.

Hedge Funds Weigh In On Perpetua Resources

Several institutional investors and hedge funds have recently made changes to their positions in PPTA. State Street Corp increased its position in shares of Perpetua Resources by 8.8% during the third quarter. State Street Corp now owns 593,502 shares of the company’s stock worth $5,549,000 after acquiring an additional 48,220 shares in the last quarter. Barclays PLC boosted its position in Perpetua Resources by 63.4% during the 3rd quarter. Barclays PLC now owns 74,119 shares of the company’s stock worth $694,000 after acquiring an additional 28,746 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Perpetua Resources by 232.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 57,158 shares of the company’s stock worth $534,000 after acquiring an additional 39,954 shares in the last quarter. Jane Street Group LLC raised its holdings 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 purchasing an additional 2,605 shares during the last quarter. Finally, Ninety One UK Ltd bought a new position in Perpetua Resources in the fourth quarter valued at approximately $1,693,000. Institutional investors and hedge funds own 70.07% of the company’s stock.

Insider Buying and Selling at Perpetua Resources

In other news, Director Robert Alan Dean acquired 5,000 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was purchased at an average cost of $8.32 per share, for a total transaction of $41,600.00. Following the completion of the transaction, the director now directly 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 purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 transaction of $96,096.00. Following the completion of the transaction, the insider now directly owns 65,763 shares in the company, valued at approximately $607,650.12. The trade was a 13.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.90% 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.