During the last session, Perpetua Resources Corp. (NASDAQ:PPTA)’s traded shares were 0.47 million, with the beta value of the company hitting 1.24. At the end of the trading day, the stock’s price was $8.76, reflecting an intraday gain of 1.86% or $0.16. The 52-week high for the PPTA share is $9.70, that puts it down -10.73 from that peak though still a striking 69.29% gain since the share price plummeted to a 52-week low of $2.69. The company’s market capitalization is $565.90M, and the average intraday trading volume over the past 10 days was 0.42 million shares, and the average trade volume was 318.01K shares over the past three months.
Perpetua Resources Corp. (PPTA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. PPTA has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.1.
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Perpetua Resources Corp. (NASDAQ:PPTA) trade information
Perpetua Resources Corp. (PPTA) registered a 1.86% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.86% in intraday trading to $8.76, hitting a weekly high. The stock’s 5-day price performance is -2.67%, and it has moved by -0.23% in 30 days. Based on these gigs, the overall price performance for the year is 136.76%. The short interest in Perpetua Resources Corp. (NASDAQ:PPTA) is 1.19 million shares and it means that shorts have 3.22 day(s) to cover.
The consensus price target of analysts on Wall Street is $13.25, which implies an increase of 33.89% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13.25 and $13.25 respectively. As a result, PPTA is trading at a discount of -51.26% off the target high and -51.26% off the low.
Perpetua Resources Corp. (PPTA) estimates and forecasts
Statistics show that Perpetua Resources Corp. has outperformed its competitors in share price, compared to the industry in which it operates. Perpetua Resources Corp. (PPTA) shares have gone up 111.08% during the last six months, with a year-to-date growth rate more than the industry average at 30.00% against 20.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 33.30% this quarter and then jump 33.30% in the quarter after that.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 32.88%. While earnings are projected to return 31.11% in 2024.
PPTA Dividends
Perpetua Resources Corp. is due to release its next quarterly earnings on 2024-Nov-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Perpetua Resources Corp. (NASDAQ:PPTA)’s Major holders
Perpetua Resources Corp. insiders own 0.43% of total outstanding shares while institutional holders control 69.17%, with the float percentage being 69.47%. PAULSON & CO. INC. is the largest shareholder of the company, while 111.0 institutions own stock in it. As of 2024-06-30, the company held over 24.77 million shares (or 38.631% of all shares), a total value of $128.81 million in shares.
The next largest institutional holding, with 5.06 million shares, is of KOPERNIK GLOBAL INVESTORS, LLC’s that is approximately 7.8952% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $26.33 million.
