Perpetua Resources (NASDAQ:PPTA) Director Robert Alan Dean Sells 3,308 Shares

Perpetua Resources Corp. (NASDAQ:PPTA) Director Robert Alan Dean sold 3,308 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $26.28, for a total transaction of $86,934.24. Following the transaction, the director owned 24,702 shares in the company, valued at approximately $649,168.56. This trade represents a 11.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Robert Alan Dean also recently made the following trade(s):

• On Tuesday, January 6th, Robert Alan Dean sold 2,400 shares of Perpetua Resources stock. The stock was sold at an average price of $27.14, for a total transaction of $65,136.00.
• On Wednesday, December 24th, Robert Alan Dean sold 5,000 shares of Perpetua Resources stock. The shares were sold at an average price of $26.31, for a total transaction of $131,550.00.
• On Tuesday, December 23rd, Robert Alan Dean sold 6,490 shares of Perpetua Resources stock. The stock was sold at an average price of $27.55, for a total transaction of $178,799.50.

Perpetua Resources Price Performance

Shares of PPTA opened at $28.89 on Thursday. The firm has a market capitalization of $3.58 billion, a PE ratio of -57.77 and a beta of 0.03. Perpetua Resources Corp. has a 1-year low of $7.81 and a 1-year high of $31.65. The company’s fifty day moving average price is $24.87 and its 200-day moving average price is $20.61.

Perpetua Resources (NASDAQ:PPTA) last issued its 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, research analysts anticipate that Perpetua Resources Corp. will post -0.21 EPS for the current fiscal year.

Perpetua Resources News Roundup

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

• Positive Sentiment: Perpetua hired engineering firm Hatch Ltd. as the EPCM contractor for the Stibnite gold project — a material step toward detailed design and de‑risking construction/execution timelines that investors view as progress toward production and value realization. Analysts remain constructive: all covering analysts were bullish as of Jan. 5 with a consensus median target near $32 (≈21% upside). Analysts Remain Bullish on Perpetua Resources as It Hires Hatch Ltd. as EPCM for Stibnite Gold Project
• Negative Sentiment: Several insiders and directors sold meaningful blocks of stock in early January (including sales by Margaret Lyon, Jeffrey Malmen, Alexander Sternhell and Robert Dean), reducing their holdings by double-digit percentages in some cases — a signal some investors interpret as profit-taking or less insider conviction near current levels, which can put pressure on the share price. See SEC disclosure of recent insider sales. SEC Filing — insider sale

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Paulson & CO. Inc. lifted its position in Perpetua Resources by 30.6% during the second quarter. Paulson & CO. Inc. now owns 32,347,299 shares of the company’s stock worth $392,696,000 after buying an additional 7,575,757 shares in the last quarter. Alyeska Investment Group L.P. raised its holdings in shares of Perpetua Resources by 40.4% during the 3rd quarter. Alyeska Investment Group L.P. now owns 4,581,234 shares of the company’s stock worth $92,678,000 after acquiring an additional 1,318,008 shares during the period. Encompass Capital Advisors LLC raised its holdings in shares of Perpetua Resources by 145.0% during the 2nd quarter. Encompass Capital Advisors LLC now owns 3,608,369 shares of the company’s stock worth $43,806,000 after acquiring an additional 2,135,478 shares during the period. Van ECK Associates Corp boosted its position in shares of Perpetua Resources by 53.4% during the 3rd quarter. Van ECK Associates Corp now owns 2,840,546 shares of the company’s stock valued at $57,464,000 after acquiring an additional 989,090 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Perpetua Resources by 165.8% in the third quarter. Vanguard Group Inc. now owns 1,912,040 shares of the company’s stock valued at $38,685,000 after purchasing an additional 1,192,744 shares during the period. 70.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PPTA has been the subject of several recent analyst reports. BMO Capital Markets set a $44.00 price target on Perpetua Resources in a research note on Tuesday, October 28th. Zacks Research upgraded Perpetua Resources from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. HC Wainwright reissued a “buy” rating and issued a $30.00 price target on shares of Perpetua Resources in a report on Tuesday, September 23rd. Roth Capital set a $32.00 price target on shares of Perpetua Resources and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Finally, B. Riley reaffirmed a “buy” rating on shares of Perpetua Resources in a research note on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Perpetua Resources has an average rating of “Buy” and an average price target of $30.67.

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.