National Bank Financial Weighs in on PPTA FY2027 Earnings

Perpetua Resources Corp. (NASDAQ:PPTA) – National Bank Financial issued their FY2027 earnings estimates for shares of Perpetua Resources in a research note issued on Wednesday, February 19th. National Bank Financial analyst M. Parkin expects that the company will post earnings of ($1.45) per share for the year. The consensus estimate for Perpetua Resources’ current full-year earnings is ($0.21) per share.

Several other equities research analysts have also issued reports on the stock. Roth Mkm increased their target price 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. HC Wainwright increased their price target on Perpetua Resources from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th.

Perpetua Resources Stock Performance

PPTA stock opened at $9.23 on Friday. Perpetua Resources has a one year low of $2.69 and a one year high of $13.23. The firm’s fifty day moving average is $11.55 and its 200 day moving average is $10.02. The firm has a market cap of $649.24 million, a PE ratio of -41.95 and a beta of 0.20.

Hedge Funds Weigh In On Perpetua Resources

Hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp increased its position in Perpetua Resources by 8.8% during the third quarter. State Street Corp now owns 593,502 shares of the company’s stock worth $5,549,000 after purchasing an additional 48,220 shares during the last quarter. Barclays PLC grew its stake in shares of Perpetua Resources by 63.4% in the 3rd quarter. Barclays PLC now owns 74,119 shares of the company’s stock valued at $694,000 after buying an additional 28,746 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Perpetua Resources by 232.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 57,158 shares of the company’s stock worth $534,000 after buying an additional 39,954 shares during the last quarter. Jane Street Group LLC raised its position in shares of Perpetua Resources by 4.3% during the 3rd quarter. Jane Street Group LLC now owns 63,527 shares of the company’s stock valued at $597,000 after buying an additional 2,605 shares during the period. Finally, Ninety One UK Ltd acquired a new position in Perpetua Resources in the fourth quarter valued at approximately $1,693,000. 70.07% of the stock is owned by hedge funds and other institutional investors.

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.