What is HC Wainwright's Forecast for PPTA FY2026 Earnings?

Key Points

• HC Wainwright cut its FY2026 EPS forecast for Perpetua from ($0.16) to ($1.09) but kept a "Buy" rating and a $41.00 price objective.
• Perpetua missed its latest quarter, reporting ($0.61) EPS versus a ($0.01) consensus, while the Street's full-year consensus EPS stands at ($0.21).
• Analyst views are mixed—six Buys and two Sells—yielding a consensus rating of "Moderate Buy" with a $35.00 consensus price target, and insiders have sold shares recently.

Perpetua Resources Corp. (NASDAQ:PPTA - Free Report) - Investment analysts at HC Wainwright reduced their FY2026 EPS estimates for Perpetua Resources in a research report issued to clients and investors on Wednesday, April 8th. HC Wainwright analyst H. Ihle now anticipates that the company will earn ($1.09) per share for the year, down from their previous estimate of ($0.16). HC Wainwright has a "Buy" rating and a $41.00 price objective on the stock. The consensus estimate for Perpetua Resources' current full-year earnings is ($0.21) per share.

Other equities analysts also recently issued reports about the stock. Zacks Research downgraded shares of Perpetua Resources from a "hold" rating to a "strong sell" rating in a report on Wednesday. B. Riley Financial upped their price objective on shares of Perpetua Resources from $30.00 to $40.00 and gave the company a "buy" rating in a report on Wednesday, March 18th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Perpetua Resources in a report on Thursday, January 22nd. Six research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $35.00.

Perpetua Resources Price Performance

NASDAQ:PPTA opened at $30.13 on Friday. Perpetua Resources has a one year low of $10.64 and a one year high of $37.37. The company has a market cap of $3.76 billion, a P/E ratio of -28.70 and a beta of 0.15. The firm's fifty day moving average price is $29.73 and its two-hundred day moving average price is $27.08.

Perpetua Resources (NASDAQ:PPTA - Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The company reported ($0.61) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.60).

Hedge Funds Weigh In On Perpetua Resources

Several institutional investors and hedge funds have recently modified their holdings of the business. IFP Advisors Inc grew its stake in shares of Perpetua Resources by 0.8% in the fourth quarter. IFP Advisors Inc now owns 50,405 shares of the company's stock valued at $1,220,000 after acquiring an additional 405 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Perpetua Resources by 21.0% in the fourth quarter. Farther Finance Advisors LLC now owns 3,123 shares of the company's stock valued at $76,000 after acquiring an additional 541 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of Perpetua Resources by 0.5% in the fourth quarter. Benjamin Edwards Inc. now owns 102,645 shares of the company's stock valued at $2,485,000 after acquiring an additional 543 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Perpetua Resources by 4.6% in the second quarter. Tower Research Capital LLC TRC now owns 15,872 shares of the company's stock valued at $193,000 after acquiring an additional 697 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Perpetua Resources by 50.7% in the third quarter. Jones Financial Companies Lllp now owns 2,751 shares of the company's stock valued at $58,000 after acquiring an additional 925 shares in the last quarter. 70.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Jonathan Cherry sold 4,079 shares of the company's stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $29.31, for a total value of $119,555.49. Following the transaction, the insider directly owned 44,895 shares in the company, valued at approximately $1,315,872.45. This represents a 8.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Mckinsey Margaret Lyon sold 43,722 shares of the company's stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $27.57, for a total transaction of $1,205,415.54. Following the completion of the transaction, the insider owned 132,110 shares in the company, valued at $3,642,272.70. This trade represents a 24.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 56,500 shares of company stock worth $1,581,853 over the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

Perpetua Resources Company Profile

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.

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