In today’s recent session, 0.71 million shares of the Perpetua Resources Corp (NASDAQ:PPTA) have been traded, and its beta is 1.21. Most recently the company’s share price was $9.95, and it changed around -$0.65 or -6.13% from the last close, which brings the market valuation of the company to $773.37M. PPTA at last check was trading at a discount to its 52-week high of $10.75, offering almost -8.04% off that amount. The share price’s 52-week low was $2.69, which indicates that the recent value has risen by an impressive 72.96% since then. We note from Perpetua Resources Corp’s average daily trading volume that its 10-day average is 0.46 million shares, with the 3-month average coming to 425.44K.
Perpetua Resources Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 0 recommended PPTA as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Perpetua Resources Corp is expected to report earnings per share of -0.04 for the current quarter.
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Perpetua Resources Corp (NASDAQ:PPTA) trade information
Instantly PPTA has been showing red trend so far today with a performance of -6.13% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.75 on recent trading dayincreased the stock’s daily price by 7.44%. The company’s shares are currently up 213.88% year-to-date, but still up 12.18% over the last five days. On the other hand, Perpetua Resources Corp (NASDAQ:PPTA) is -1.78% down in the 30-day period. We can see from the shorts that 1.28 million shares have been sold at a short interest cover period of 4.45 day(s).
The consensus price target as assigned by Wall Street analysts is $13.25, which translates to bulls needing to increase their stock price by 24.91% from its current value. Analyst projections state that PPTA is forecast to be at a low of $13.25 and a high of $13.25.
Perpetua Resources Corp (PPTA) estimates and forecasts
Perpetua Resources Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 63.65 percent over the past six months and at a 30.00% annual growth rate that is well above the industry average of 13.80%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 33.33% in revenue this quarter, and will report a decrease of -40.00% in the next quarter.
Forecasts for the next quarter put sales growth at �.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 32.88%.
PPTA Dividends
Perpetua Resources Corp’s next quarterly earnings report is expected to be released on 2024-Nov-14.
Perpetua Resources Corp (NASDAQ:PPTA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.42% of Perpetua Resources Corp shares, and 72.10% of them are in the hands of institutional investors. The stock currently has a share float of 72.41%. Perpetua Resources Corp stock is held by 132.0 institutions, with PAULSON & CO. INC. being the largest institutional investor. By 2024-06-30, it held 38.631% of the shares, which is about 24.77 million shares worth $128.81 million.
KOPERNIK GLOBAL INVESTORS, LLC, with 7.8952% or 5.06 million shares worth $26.33 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
