PPTA FY2025 EPS Estimate Cut by National Bank Financial

Perpetua Resources Corp. (NASDAQ:PPTA) – Research analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for shares of Perpetua Resources in a research note issued to investors on Wednesday, February 19th. National Bank Financial analyst M. Parkin now expects that the company will post earnings of ($0.19) per share for the year, down from their prior 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.

PPTA has been the topic of several other research reports. HC Wainwright upped their price objective on shares of Perpetua Resources from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Roth Mkm upped their target price on shares of Perpetua Resources from $15.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th.

Perpetua Resources Stock Up 1.6 %

Shares of NASDAQ:PPTA opened at $8.16 on Monday. The stock’s 50 day moving average is $11.30 and its 200-day moving average is $10.13. Perpetua Resources has a twelve month low of $2.69 and a twelve month high of $13.23. The firm has a market capitalization of $573.97 million, a price-to-earnings ratio of -37.09 and a beta of 0.20.

Institutional Investors Weigh In On Perpetua Resources

Hedge funds have recently modified their holdings of the stock. Ancora Advisors LLC purchased a new stake in Perpetua Resources in the 4th quarter worth about $37,000. Continuum Advisory LLC grew its stake in Perpetua Resources by 500.0% in the 3rd quarter. Continuum Advisory LLC now owns 4,800 shares of the company’s stock worth $44,000 after buying an additional 4,000 shares in the last quarter. BNP Paribas Financial Markets bought a new position in Perpetua Resources in the fourth quarter valued at $55,000. Intech Investment Management LLC bought a new position in shares of Perpetua Resources during the 3rd quarter valued at about $98,000. Finally, ProShare Advisors LLC purchased a new position in shares of Perpetua Resources during the fourth quarter worth approximately $116,000. Institutional investors own 70.07% of the company’s stock.

Insider Activity at Perpetua Resources

In other news, Director Robert Alan Dean bought 5,000 shares of the company’s stock in a transaction on Friday, February 21st. The shares were purchased at an average price of $8.32 per share, with a total value of $41,600.00. Following the transaction, the director now directly owns 10,000 shares in the company, valued at $83,200. This represents a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Alan Douglas Haslam sold 10,400 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 65,763 shares in the company, valued at $607,650.12. The trade was a 13.65 % decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently 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.