Equities Analysts Issue Forecasts for PPTA FY2027 Earnings

Perpetua Resources Corp. (NASDAQ:PPTA) – Investment analysts at National Bank Financial issued their FY2027 earnings per share estimates for shares of Perpetua Resources in a research report issued on Wednesday, February 19th. National Bank Financial analyst M. Parkin expects 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 weighed in on the stock. HC Wainwright upped their target price on shares of Perpetua Resources from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. Roth Mkm boosted their price target on shares of Perpetua Resources from $15.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th.

Perpetua Resources Price Performance

Shares of NASDAQ:PPTA opened at $9.23 on Friday. The firm has a market capitalization of $649.24 million, a PE ratio of -41.95 and a beta of 0.20. Perpetua Resources has a 1 year low of $2.69 and a 1 year high of $13.23. The firm’s 50-day moving average is $11.55 and its two-hundred day moving average is $10.02.

Institutional Trading of Perpetua Resources

A number of large investors have recently made changes to their positions in PPTA. Fourth Sail Capital LP acquired a new position in Perpetua Resources during the 3rd quarter worth approximately $10,405,000. Amundi purchased a new stake in shares of Perpetua Resources during the 4th quarter worth $7,788,000. Millennium Management LLC grew its stake in shares of Perpetua Resources by 226.7% during the fourth quarter. Millennium Management LLC now owns 370,536 shares of the company’s stock worth $3,954,000 after purchasing an additional 257,130 shares in the last quarter. Cohen & Steers Inc. purchased a new position in Perpetua Resources in the fourth quarter valued at $2,729,000. Finally, Yaupon Capital Management LP acquired a new stake in Perpetua Resources in the fourth quarter valued at $2,668,000. 70.07% of the stock is currently owned by hedge funds and other institutional investors.

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.