During the last session, Perpetua Resources Corp (NASDAQ:PPTA)’s traded shares were 0.8 million, with the beta value of the company hitting 1.15. At the end of the trading day, the stock’s price was $12.63, reflecting an intraday gain of 2.27% or $0.28. The 52-week high for the PPTA share is $13.23, that puts it down -4.75 from that peak though still a striking 78.7% gain since the share price plummeted to a 52-week low of $2.69. The company’s market capitalization is $886.20M, and the average intraday trading volume over the past 10 days was 0.77 million shares, and the average trade volume was 750.19K 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.
Perpetua Resources Corp (NASDAQ:PPTA) trade information
Perpetua Resources Corp (PPTA) registered a 2.27% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.27% in intraday trading to $12.63, hitting a weekly high. The stock’s 5-day price performance is 7.86%, and it has moved by 2.43% in 30 days. Based on these gigs, the overall price performance for the year is 316.83%. The short interest in Perpetua Resources Corp (NASDAQ:PPTA) is 1.98 million shares and it means that shorts have 1.86 day(s) to cover.
The consensus price target of analysts on Wall Street is $13.25, which implies an increase of 4.68% 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 -4.91% off the target high and -4.91% 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 91.07% during the last six months, with a year-to-date growth rate more than the industry average at 30.00% against 9.30.
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 28.89% in 2025, the next five years will return -8.20% per annum.
PPTA Dividends
Perpetua Resources Corp is due to release its next quarterly earnings in February. 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 0.40% of total outstanding shares while institutional holders control 69.27%, with the float percentage being 69.54%. PAULSON & CO. INC. is the largest shareholder of the company, while 134.0 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.
Also, the Mutual Funds coming in first place with the largest holdings of Perpetua Resources Corp (PPTA) shares are Sprott Gold Equity Fund and Advisors Inner Circle Fund II-Kopernik Global All Cap Fund . Data provided on Sep 30, 2024 indicates that Sprott Gold Equity Fund owns about 2.22 shares. This amounts to just over 3.15 percent of the company’s overall shares, with a $27.99 million market value. The same data shows that the other fund manager holds slightly less at 1.13, or about 1.61% of the stock, which is worth about $14.32 million.
