Roth Capital Issues Pessimistic Forecast for PPTA Earnings

Perpetua Resources Corp. (NASDAQ:PPTA - Free Report) - Research analysts at Roth Capital lowered their Q2 2025 earnings per share (EPS) estimates for Perpetua Resources in a research report issued to clients and investors on Monday, June 9th. Roth Capital analyst M. Niehuser now anticipates that the company will earn ($0.14) per share for the quarter, down from their prior forecast of ($0.06). The consensus estimate for Perpetua Resources' current full-year earnings is ($0.21) per share. Roth Capital also issued estimates for Perpetua Resources' Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.37) EPS, Q1 2026 earnings at ($0.05) EPS, Q2 2026 earnings at ($0.06) EPS and FY2026 earnings at ($0.23) EPS.

Several other research firms have also weighed in on PPTA. National Bank Financial upgraded shares of Perpetua Resources to a "strong-buy" rating in a report on Friday, March 21st. HC Wainwright decreased their price objective on Perpetua Resources from $28.00 to $27.50 and set a "buy" rating on the stock in a report on Tuesday, May 13th. Finally, National Bankshares reissued an "outperform" rating on shares of Perpetua Resources in a research note on Wednesday, April 2nd.

Perpetua Resources Stock Performance

Shares of PPTA stock traded down $3.41 on Wednesday, hitting $13.08. 7,968,983 shares of the stock traded hands, compared to its average volume of 758,242. Perpetua Resources has a twelve month low of $5.01 and a twelve month high of $17.96. The stock has a market capitalization of $935.78 million, a PE ratio of -59.45 and a beta of 0.02. The firm's 50-day moving average price is $13.71 and its two-hundred day moving average price is $11.84.

Perpetua Resources (NASDAQ:PPTA - Get Free Report) last issued 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).

Institutional Investors Weigh In On Perpetua Resources

Hedge funds have recently added to or reduced their stakes in the business. Lane & Associates LLC raised its stake in shares of Perpetua Resources by 24.0% in the fourth quarter. Lane & Associates LLC now owns 15,987 shares of the company's stock valued at $189,000 after acquiring an additional 3,095 shares in the last quarter. Rothschild Investment LLC purchased a new stake in Perpetua Resources during the 4th quarter worth about $214,000. Sprott Inc. boosted its stake in shares of Perpetua Resources by 5.3% in the 4th quarter. Sprott Inc. now owns 2,938,871 shares of the company's stock valued at $31,358,000 after buying an additional 148,273 shares during the period. U S Global Investors Inc. increased its stake in shares of Perpetua Resources by 20.0% during the fourth quarter. U S Global Investors Inc. now owns 30,000 shares of the company's stock worth $320,000 after buying an additional 5,000 shares during the period. Finally, Flaharty Asset Management LLC lifted its stake in Perpetua Resources by 50.0% in the fourth quarter. Flaharty Asset Management LLC now owns 21,000 shares of the company's stock worth $224,000 after acquiring an additional 7,000 shares during the last quarter. 70.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Perpetua Resources

In related news, insider Michael Stephen Wright sold 6,500 shares of the stock in a transaction dated 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 owns 14,195 shares of the company's stock, valued at approximately $196,600.75. This represents a 31.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mckinsey Margaret Lyon sold 20,000 shares of the business's stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $11.00, for a total transaction of $220,000.00. Following the sale, the insider now owns 89,154 shares in the company, valued at $980,694. This trade represents a 18.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

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.