HC Wainwright Predicts Lower Earnings for Perpetua Resources

Perpetua Resources Corp. (NASDAQ:PPTA) – Equities researchers at HC Wainwright cut their FY2025 earnings estimates for Perpetua Resources in a report released on Tuesday, May 13th. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of ($0.34) for the year, down from their previous forecast of ($0.32). HC Wainwright has a “Buy” rating and a $27.50 price objective on the stock. The consensus estimate for Perpetua Resources’ current full-year earnings is ($0.21) per share. HC Wainwright also issued estimates for Perpetua Resources’ FY2026 earnings at ($0.35) EPS.

Several other equities research analysts also recently weighed in on the stock. National Bank Financial upgraded shares of Perpetua Resources to a “strong-buy” rating in a research note on Friday, March 21st. National Bankshares reaffirmed an “outperform” rating on shares of Perpetua Resources in a report on Wednesday, April 2nd.

Perpetua Resources Stock Down 1.9%

Shares of PPTA opened at $11.94 on Thursday. The company has a market cap of $851.15 million, a price-to-earnings ratio of -54.27 and a beta of 0.06. Perpetua Resources has a twelve month low of $5.01 and a twelve month high of $15.44. The company has a 50 day moving average of $12.14 and a two-hundred day moving average of $11.18.

Perpetua Resources (NASDAQ:PPTA) last announced its earnings results on Friday, May 9th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.07).

Insiders Place Their Bets

In other Perpetua Resources news, Director Robert Alan Dean bought 5,000 shares of Perpetua Resources stock in a transaction that occurred on Friday, February 21st. The stock was purchased at an average price of $8.32 per share, with a total value of $41,600.00. Following the completion of the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $83,200. This trade represents a 100.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Stephen Wright sold 6,500 shares of the firm’s stock in a transaction on Thursday, April 24th. The stock was sold at an average price of $13.85, for a total transaction of $90,025.00. Following the transaction, the insider now directly owns 14,195 shares of the company’s stock, valued at approximately $196,600.75. This trade represents a 31.41% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 20,230 shares of company stock valued at $166,582 and sold 59,610 shares valued at $606,423. Corporate insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Ancora Advisors LLC purchased a new position in shares of Perpetua Resources during the fourth quarter worth $37,000. GAMMA Investing LLC raised its holdings in shares of Perpetua Resources by 1,658.4% during the first quarter. GAMMA Investing LLC now owns 4,308 shares of the company’s stock worth $46,000 after purchasing an additional 4,063 shares during the last quarter. North Capital Inc. acquired a new stake in Perpetua Resources during the first quarter valued at $53,000. BNP Paribas Financial Markets acquired a new stake in Perpetua Resources during the fourth quarter valued at $55,000. Finally, Quantbot Technologies LP acquired a new stake in Perpetua Resources during the first quarter valued at $76,000. Hedge funds and other institutional investors own 70.07% of the company’s stock.

Perpetua Resources Company Profile

Perpetua Resources Corp. engages in the exploration and development of mineral properties in the United States. The company primarily explores for gold, silver, and antimony deposits. Its principal asset is the 100% owned Stibnite Gold project, which includes 1,672 unpatented lode claims, mill sites, and patented land holdings covering an area of approximately 11,548 hectares located in Valley County, Idaho.