Perpetua Resources Corp (NASDAQ:PPTA) Surging 83.94% In 6 Months – Here’s What To Expect

Best AI Stocks

Perpetua Resources Corp (NASDAQ:PPTA)’s traded shares stood at 0.45 million during the latest session, with the company’s beta value hitting 1.17. At the last check today, the stock’s price was $12.18, to imply an increase of 5.79% or $0.67 in intraday trading. The PPTA share’s 52-week high remains $11.58, putting it 4.93% up since that peak but still an impressive 77.91% since price per share fell to its 52-week low of $2.69. The company has a valuation of $854.38M, with an average of 0.77 million shares in intraday trading volume over the past 10 days and average of 499.54K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Perpetua Resources Corp (PPTA), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give PPTA a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.04.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Perpetua Resources Corp (NASDAQ:PPTA) trade information

After registering a 5.79% upside in the latest session, Perpetua Resources Corp (PPTA) has traded red over the past five days. The 5-day price performance for the stock is 27.77%, and 21.04% over 30 days. With these gigs, the year-to-date price performance is 284.12%. Short interest in Perpetua Resources Corp (NASDAQ:PPTA) saw shorts transact 1.4 million shares and set a 3.91 days time to cover.

The extremes give us $13.25 and $13.25 for target low and target high price respectively. As such, PPTA has been trading -8.78% off suggested target high and -8.78% from its likely low.

Perpetua Resources Corp (PPTA) estimates and forecasts

Looking at statistics comparing Perpetua Resources Corp share performance against respective industry, we note that the company has outperformed competitors. Perpetua Resources Corp (PPTA) shares are 83.94% up over the last 6 months, with its year-to-date growth rate higher than industry average at 30.00% against 10.10%.

PPTA Dividends

Perpetua Resources Corp has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Perpetua Resources Corp (NASDAQ:PPTA)’s Major holders

Perpetua Resources Corp insiders hold 0.40% of total outstanding shares, with institutional holders owning 68.53% of the shares at 68.81% float percentage. In total, 68.53% institutions holds shares in the company, led by PAULSON & CO. INC. As of 2024-06-30, the company held over 24.77 million shares (or 38.631% of shares), all amounting to roughly $128.81 million.

The next major institution holding the largest number of shares is KOPERNIK GLOBAL INVESTORS, LLC with 5.06 million shares, or about 7.8952% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $26.33 million.