In the last trading session, 1.14 million Perpetua Resources Corp (NASDAQ:PPTA) shares changed hands as the company’s beta touched 1.10. With the company’s per share price at $12.47 changed hands at $0.69 or 5.86% during last session, the market valuation stood at $874.97M. PPTA’s last price was a discount, traded about -6.09% off its 52-week high of $13.23. The share price had its 52-week low at $2.69, which suggests the last value was 78.43% up since then. When we look at Perpetua Resources Corp’s average trading volume, we note the 10-day average is 0.63 million shares, with the 3-month average coming to 795.28K.
Analysts gave the Perpetua Resources Corp (PPTA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended PPTA as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Perpetua Resources Corp’s EPS for the current quarter is expected to be -0.09.
Perpetua Resources Corp (NASDAQ:PPTA) trade information
Instantly PPTA was in green as seen at the end of in last trading. With action 9.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 16.87%, with the 5-day performance at 9.58% in the green. However, in the 30-day time frame, Perpetua Resources Corp (NASDAQ:PPTA) is 12.85% up. Looking at the short shares, we see there were 2.3 million shares sold at short interest cover period of 2.34 days.
The consensus price target for the stock as assigned by Wall Street analysts is 13.25, meaning bulls need an upside of 5.89% from its current market value. According to analyst projections, PPTA’s forecast low is 13.25 with 13.25 as the target high. To hit the forecast high, the stock’s price needs a -6.26% plunge from its current level, while the stock would need to soar -6.26% for it to hit the projected low.
Perpetua Resources Corp (PPTA) estimates and forecasts
Data shows that the Perpetua Resources Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 112.80% over the past 6 months, a 30.00% in annual growth rate that is considerably higher than the industry average of 9.20%.
According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 32.88%. The 2025 estimates are for Perpetua Resources Corp earnings to increase by 28.89%, but the outlook for the next 5-year period is at -8.20% per year.
PPTA Dividends
Perpetua Resources Corp is expected to release its next quarterly earnings report in March.
Perpetua Resources Corp (NASDAQ:PPTA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.40% of Perpetua Resources Corp shares while 69.75% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 70.03%. There are 69.75% institutions holding the Perpetua Resources Corp stock share, with PAULSON & CO. INC. the top institutional holder. As of 2024-06-30, the company held 38.631% of the shares, roughly 24.77 million PPTA shares worth $128.81 million.
KOPERNIK GLOBAL INVESTORS, LLC holds the second largest percentage of outstanding shares, with 7.8952% or 5.06 million shares worth $26.33 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Sprott Gold Equity Fund and Advisors Inner Circle Fund II-Kopernik Global All Cap Fund. With 2.22 shares estimated at $27.64 million under it, the former controlled 3.15% of total outstanding shares. On the other hand, Advisors Inner Circle Fund II-Kopernik Global All Cap Fund held about 1.61% of the shares, roughly 1.13 shares worth around $14.14 million.
