Perpetua Resources (PPTA) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Midas Gold Corp. and changed its name to Perpetua Resources Corp. in February 2021. Perpetua Resources Corp. was incorporated in 2011 and is headquartered in Boise, Idaho.

Key Stats

• Today's Range: $11.65 to $12.66
• 50-Day Range: $8.86 to $12.80
• 52-Week Range: $2.69 to $13.18
• Volume: 2.67 million shs
• Average Volume: 330,129 shs
• Market Capitalization: $865.15 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $18.50
• Consensus Rating: Buy

Perpetua Resources Stock Analysis - MarketRank™

Perpetua Resources scored higher than 49% of companies evaluated by MarketBeat, and ranked 137th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Perpetua Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Perpetua Resources has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Perpetua Resources are expected to grow in the coming year, from ($0.21) to ($0.16) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Perpetua Resources is -56.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Perpetua Resources is -56.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Perpetua Resources has a P/B Ratio of 10.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.54% of the float of Perpetua Resources has been sold short.

Short Interest Ratio / Days to Cover

Perpetua Resources has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Perpetua Resources has recently increased by 26.43%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Perpetua Resources does not currently pay a dividend.

Dividend Growth

Perpetua Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.54% of the float of Perpetua Resources has been sold short.

Short Interest Ratio / Days to Cover

Perpetua Resources has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Perpetua Resources has recently increased by 26.43%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: -0.04

News Sentiment

Perpetua Resources has a news sentiment score of -0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Perpetua Resources this week, compared to 2 articles on an average week.

Search Interest

Only 7 people have searched for PPTA on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.

MarketBeat Follows

Only 14 people have added Perpetua Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -26% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Perpetua Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $402,800.00 in company stock.

Percentage Held by Insiders

Only 1.90% of the stock of Perpetua Resources is held by insiders.

Percentage Held by Institutions

70.07% of the stock of Perpetua Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PPTA Stock Analysis - Frequently Asked Questions

How have PPTA shares performed this year?

Perpetua Resources' stock was trading at $3.17 at the beginning of the year. Since then, PPTA stock has increased by 289.0% and is now trading at $12.33.
View the best growth stocks for 2024 here.

How were Perpetua Resources' earnings last quarter?

Perpetua Resources Corp. (NASDAQ:PPTA) posted its quarterly earnings results on Friday, August, 9th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $0.02.

Who are Perpetua Resources' major shareholders?

Top institutional investors of Perpetua Resources include Fourth Sail Capital LP (1.67%), State Street Corp (0.89%), Geode Capital Management LLC (0.73%) and Donald Smith & CO. Inc. (0.40%). Insiders that own company stock include Alan Douglas Haslam, Chris J Robison, Jessica Marie Largent, Laurel Sayer, L Michael Bogert, David Deisley and Tanya Dawn Nelson.
View institutional ownership trends.

How do I buy shares of Perpetua Resources?

Shares of PPTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Perpetua Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Perpetua Resources investors own include NVIDIA (NVDA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Tesla (TSLA), Home Depot (HD) and Netflix (NFLX).

Company Calendar

• Last Earnings: 8/09/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NASDAQ:PPTA
• CUSIP: N/A
• CIK: 1526243
• Web: www.perpetuaresources.com
• Phone: 208-901-3060
• Fax: N/A
• Employees: 33
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $18.50
• High Stock Price Target: $22.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +50.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.22)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-18,770,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -19.48%
• Return on Assets: -17.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.31
• Quick Ratio: 2.31

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.13 per share
• Price / Book: 10.91

Miscellaneous

• Outstanding Shares: 70,166,000
• Free Float: 68,833,000
• Market Cap: $865.15 million
• Optionable: Optionable
• Beta: 0.22