Perpetua Resources Corp. (NASDAQ:PPTA) Given Average Rating of “Buy” by Brokerages

Shares of Perpetua Resources Corp. (NASDAQ:PPTA) have earned a consensus rating of “Buy” from the nine ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $30.6667.

Several equities analysts recently issued reports on PPTA shares. UBS Group set a $30.00 target price on shares of Perpetua Resources in a research note on Thursday, October 9th. BMO Capital Markets set a $44.00 price objective on shares of Perpetua Resources in a report on Tuesday, October 28th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Perpetua Resources in a research report on Wednesday, October 8th. Roth Capital set a $32.00 price target on Perpetua Resources and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Finally, HC Wainwright reissued a “buy” rating and issued a $30.00 price objective on shares of Perpetua Resources in a report on Tuesday, September 23rd.

Perpetua Resources News Summary

Here are the key news stories impacting Perpetua Resources this week:

• Positive Sentiment: Perpetua hired engineering firm Hatch Ltd. as EPCM for the Stibnite gold project — a key execution milestone that advances detailed design and de‑risking ahead of construction and production, which investors view as value-accretive. Analysts Remain Bullish on Perpetua Resources as It Hires Hatch Ltd. as EPCM for Stibnite Gold Project
• Positive Sentiment: Analysts are broadly constructive: the coverage group had a consensus median target near $32 (roughly ~20%+ upside from recent levels), supporting buy-side interest and momentum into the stock. Analyst coverage summary
• Positive Sentiment: Large institutional holders have been increasing positions (Paulson, Alyeska, VanEck, Vanguard and others hold a combined majority stake), which provides a stable shareholder base and can limit downside volatility. MarketBeat — institutional holdings
• Negative Sentiment: Several insiders and directors sold sizable blocks in early January (notable filings: Margaret Lyon, Jeffrey Malmen, Alexander Sternhell, Robert Dean). The concentrated selling (double-digit percentage reductions for some insiders) can be interpreted as profit-taking or reduced insider conviction and may pressure the stock short-term. SEC filing — insider sale (example)
• Negative Sentiment: Perpetua remains loss-making (recent quarterly EPS missed consensus), and analysts model negative EPS for the current year — a reminder that value realization depends on successful project delivery and commodity prices. MarketBeat — earnings context

Insider Activity at Perpetua Resources

In related news, Director Robert Alan Dean sold 6,490 shares of Perpetua Resources stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $27.55, for a total value of $178,799.50. Following the sale, the director directly owned 23,510 shares in the company, valued at approximately $647,700.50. The trade was a 21.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Mckinsey Margaret Lyon sold 32,490 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $26.61, for a total value of $864,558.90. Following the transaction, the insider directly owned 96,664 shares of the company’s stock, valued at $2,572,229.04. The trade was a 25.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 78,017 shares of company stock worth $2,084,188 in the last quarter. Company insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PPTA. AQR Capital Management LLC boosted its stake in Perpetua Resources by 12.6% during the 1st quarter. AQR Capital Management LLC now owns 15,909 shares of the company’s stock worth $170,000 after purchasing an additional 1,780 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Perpetua Resources by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,958 shares of the company’s stock valued at $672,000 after buying an additional 2,680 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Perpetua Resources by 219.0% in the first quarter. Millennium Management LLC now owns 1,181,899 shares of the company’s stock worth $12,634,000 after buying an additional 811,363 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Perpetua Resources by 1.7% during the first quarter. Goldman Sachs Group Inc. now owns 108,921 shares of the company’s stock worth $1,164,000 after acquiring an additional 1,835 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in Perpetua Resources by 6.0% during the 1st quarter. Rhumbline Advisers now owns 64,688 shares of the company’s stock valued at $692,000 after acquiring an additional 3,672 shares in the last quarter. Hedge funds and other institutional investors own 70.07% of the company’s stock.

Perpetua Resources Stock Up 1.2%

Shares of PPTA opened at $29.42 on Friday. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of -58.84 and a beta of 0.03. Perpetua Resources has a 52 week low of $7.81 and a 52 week high of $31.65. The stock’s 50-day moving average price is $24.95 and its 200-day moving average price is $20.67.

Perpetua Resources (NASDAQ:PPTA) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.23). As a group, equities analysts anticipate that Perpetua Resources will post -0.21 EPS for the current fiscal year.

About Perpetua Resources

Perpetua Resources Inc (NASDAQ: PPTA), formerly known as eCobalt Solutions Inc, is a mineral exploration and development company focused on critical metals that support the global clean-energy transition. The company’s primary objective is to advance its flagship Idaho Cobalt Project, a permitted underground mine located near Stibnite, Idaho. This project is designed to produce cobalt, copper, gold and silver, with an emphasis on providing responsibly sourced materials to North American battery and technology markets.

In addition to its Idaho Cobalt Project, Perpetua Resources holds exploration licenses and mineral tenures across the United States and Canada.