Roth Capital Predicts Weaker Earnings for Perpetua Resources

Perpetua Resources Corp. (NASDAQ:PPTA - Free Report) - Research analysts at Roth Capital decreased their Q1 2025 earnings per share (EPS) estimates for shares of Perpetua Resources in a research report issued on Wednesday, April 23rd. Roth Capital analyst M. Niehuser now forecasts that the company will earn ($0.05) per share for the quarter, down from their prior forecast of ($0.02). The consensus estimate for Perpetua Resources' current full-year earnings is ($0.21) per share. Roth Capital also issued estimates for Perpetua Resources' Q2 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.22) EPS and FY2026 earnings at ($0.29) EPS.

Perpetua Resources (NASDAQ:PPTA - Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.03.

Several other equities analysts have also commented on the company. National Bank Financial raised Perpetua Resources to a "strong-buy" rating in a research report on Friday, March 21st. Roth Mkm boosted their price target on Perpetua Resources from $15.00 to $19.00 and gave the stock a "buy" rating in a research report on Tuesday, January 7th. HC Wainwright upped their target price on Perpetua Resources from $25.00 to $28.00 and gave the company a "buy" rating in a research report on Friday, March 21st. Finally, National Bankshares reaffirmed an "outperform" rating on shares of Perpetua Resources in a research report on Wednesday, April 2nd.

Perpetua Resources Stock Up 0.9 %

Shares of NASDAQ PPTA traded up $0.13 during midday trading on Friday, hitting $14.42. The stock had a trading volume of 776,250 shares, compared to its average volume of 600,539. The company has a fifty day moving average price of $10.60 and a 200 day moving average price of $10.80. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of -65.55 and a beta of 0.12. Perpetua Resources has a 1-year low of $4.96 and a 1-year high of $14.75.

Insider Activity

In other news, 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 sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mckinsey Margaret Lyon sold 22,710 shares of the company's stock in a transaction 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 owns 89,154 shares of the company's stock, valued at approximately $786,338.28. The trade was a 20.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders bought 20,230 shares of company stock worth $166,582 and sold 59,610 shares worth $606,423. Company insiders own 1.90% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in PPTA. Ancora Advisors LLC acquired a new position in Perpetua Resources during the 4th quarter worth $37,000. GAMMA Investing LLC boosted its position in Perpetua Resources by 1,658.4% during the 1st quarter. GAMMA Investing LLC now owns 4,308 shares of the company's stock worth $46,000 after acquiring an additional 4,063 shares during the period. North Capital Inc. acquired a new position in Perpetua Resources during the 1st quarter worth $53,000. BNP Paribas Financial Markets acquired a new position in Perpetua Resources during the 4th quarter worth $55,000. Finally, Continuum Advisory LLC boosted its position in Perpetua Resources by 72.9% during the 1st quarter. Continuum Advisory LLC now owns 8,300 shares of the company's stock worth $89,000 after acquiring an additional 3,500 shares during the period. Institutional investors and hedge funds own 70.07% of the company's stock.

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.