Perpetua Resources (PPTA) Expected to Announce Earnings on Wednesday

Perpetua Resources (NASDAQ:PPTA - Get Free Report) is projected to issue its Q4 2024 quarterly earnings data before the market opens on Wednesday, March 19th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter.

Perpetua Resources (NASDAQ:PPTA - Get Free Report) last announced its earnings results on Wednesday, March 19th. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.03. On average, analysts expect Perpetua Resources to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Perpetua Resources Stock Performance

Shares of PPTA stock traded down $0.31 during trading on Friday, hitting $11.15. 1,128,150 shares of the company were exchanged, compared to its average volume of 496,715. Perpetua Resources has a twelve month low of $4.02 and a twelve month high of $13.23. The firm has a market capitalization of $784.02 million, a price-to-earnings ratio of -51.22 and a beta of 0.27. The business's 50-day simple moving average is $10.56 and its 200 day simple moving average is $10.24.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on PPTA. HC Wainwright upped their target price on Perpetua Resources from $25.00 to $28.00 and gave the stock a "buy" rating in a research report on Friday. Roth Mkm boosted their target price on shares of Perpetua Resources from $15.00 to $19.00 and gave the stock a "buy" rating in a research report on Tuesday, January 7th.

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Insider Transactions at Perpetua Resources

In other Perpetua Resources news, insider Mckinsey Margaret Lyon sold 22,710 shares of Perpetua Resources stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $8.82, for a total value of $200,302.20. Following the transaction, the insider now directly owns 89,154 shares of the company's stock, valued at $786,338.28. The trade was a 20.30 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert Alan Dean acquired 5,000 shares of Perpetua Resources stock in a transaction dated Friday, February 21st. The stock was acquired at an average cost of $8.32 per share, with a total value of $41,600.00. Following the completion of the transaction, the director now directly owns 10,000 shares of the company's stock, valued at $83,200. This trade represents a 100.00 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders bought 20,230 shares of company stock worth $166,582. 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.