Perpetua Resources Corp (NASDAQ:PPTA) has a beta value of 1.14 and has seen 1.27 million shares traded in the last trading session. The company, currently valued at $877.78M, closed the last trade at $12.51 per share which meant it lost -$0.26 on the day or -2.04% during that session. The PPTA stock price is -5.76% off its 52-week high price of $13.23 and 78.5% above the 52-week low of $2.69. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.06 million shares traded. The 3-month trading volume is 642.84K shares.
The consensus among analysts is that Perpetua Resources Corp (PPTA) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Perpetua Resources Corp (NASDAQ:PPTA) trade information
Sporting -2.04% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PPTA stock price touched $12.51 or saw a rise of 5.44%. Year-to-date, Perpetua Resources Corp shares have moved 17.24%, while the 5-day performance has seen it change 18.24%. Over the past 30 days, the shares of Perpetua Resources Corp (NASDAQ:PPTA) have changed 8.69%. Short interest in the company has seen 2.29 million shares shorted with days to cover at 2.79.
Wall Street analysts have a consensus price target for the stock at $13.25, which means that the shares’ value could jump 5.58% from current levels. The projected low price target is $13.25 while the price target rests at a high of $13.25. In that case, then, we find that the current price level is -5.92% off the targeted high while a plunge would see the stock gain -5.92% from current levels.
Perpetua Resources Corp (PPTA) estimates and forecasts
Figures show that Perpetua Resources Corp shares have outperformed across the wider relevant industry. The company’s shares have gained 139.20% over the past 6 months, with this year growth rate of 30.00%, compared to 7.80% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 32.88% over the past 5 years.
PPTA Dividends
Perpetua Resources Corp is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Perpetua Resources Corp (NASDAQ:PPTA)’s Major holders
Insiders own 0.40% of the company shares, while shares held by institutions stand at 69.61% with a share float percentage of 69.89%. Investors are also buoyed by the number of investors in a company, with Perpetua Resources Corp having a total of 132.0 institutions that hold shares in the company. The top two institutional holders are PAULSON & CO. INC. with over 24.77 million shares worth more than $128.81 million. As of 2024-06-30, PAULSON & CO. INC. held 38.631% of shares outstanding.
The other major institutional holder is KOPERNIK GLOBAL INVESTORS, LLC, with the holding of over 5.06 million shares as of 2024-06-30. The firm’s total holdings are worth over $26.33 million and represent 7.8952% of shares outstanding.
