Perpetua Resources (PPTA) Expected to Announce Quarterly Earnings on Friday

Perpetua Resources (NASDAQ:PPTA - Get Free Report) is projected to release its earnings data before the market opens on Friday, May 9th. Analysts expect Perpetua Resources to post earnings of ($0.02) per share for the quarter.

Perpetua Resources (NASDAQ:PPTA - Get Free Report) last announced its earnings results on Wednesday, March 19th. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.03. On average, analysts expect Perpetua Resources to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Perpetua Resources Trading Down 1.8 %

Shares of PPTA stock traded down $0.27 on Wednesday, reaching $14.73. 728,746 shares of the stock were exchanged, compared to its average volume of 623,153. The business's 50 day moving average price is $11.58 and its 200 day moving average price is $11.05. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of -66.95 and a beta of 0.06. Perpetua Resources has a twelve month low of $4.98 and a twelve month high of $15.44.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Roth Mkm boosted their price target on Perpetua Resources from $15.00 to $19.00 and gave the stock a "buy" rating in a research note on Tuesday, January 7th. HC Wainwright lifted their price objective on Perpetua Resources from $25.00 to $28.00 and gave the company a "buy" rating in a research report on Friday, March 21st. National Bank Financial upgraded Perpetua Resources to a "strong-buy" rating in a report on Friday, March 21st. Finally, National Bankshares reiterated an "outperform" rating on shares of Perpetua Resources in a research note on Wednesday, April 2nd.

Insider Buying and Selling

In related news, Director Robert Alan Dean purchased 5,000 shares of Perpetua Resources stock in a transaction that occurred on Friday, February 21st. The shares were acquired at an average price of $8.32 per share, for a total transaction of $41,600.00. Following the transaction, the director now directly owns 10,000 shares in the company, valued at approximately $83,200. This represents a 100.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Alan Douglas Haslam sold 10,400 shares of Perpetua Resources stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $9.24, for a total value of $96,096.00. Following the completion of the sale, the insider now owns 65,763 shares of the company's stock, valued at approximately $607,650.12. The trade was a 13.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders bought 20,230 shares of company stock worth $166,582 and sold 59,610 shares worth $606,423. 1.50% of the stock is owned by corporate insiders.

About Perpetua Resources

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.