Perpetua Resources Corp [NASDAQ: PPTA] stock went on an upward path that rose over 11.64% on Thursday, amounting to a one-week price increase of more than 19.02%.
Over the last 12 months, PPTA stock rose by 36.64%. The one-year Perpetua Resources Corp stock forecast points to a potential upside of 31.23. The average equity rating for PPTA stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.51 billion, with 103.74 million shares outstanding and 103.12 million shares in the current float. Compared to the average trading volume of 2.15M shares, PPTA stock reached a trading volume of 8648296 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Perpetua Resources Corp [PPTA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PPTA shares is $21.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PPTA stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
National Bank Financial have made an estimate for Perpetua Resources Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 06, 2024. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on October 17, 2022, representing the official price target for Perpetua Resources Corp stock. Previously, the target price had yet another raise to $22, while B. Riley Securities analysts kept a Buy rating on PPTA stock.
The Price to Book ratio for the last quarter was 10.13, with the Price to Cash per share for the same quarter was set at 0.18.
PPTA Stock Performance Analysis:
Perpetua Resources Corp [PPTA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.02. With this latest performance, PPTA shares dropped by -14.89% in over the last four-week period, additionally plugging by 14.17% over the last 6 months – not to mention a rise of 36.64% in the past year of trading.
Insight into Perpetua Resources Corp Fundamentals:
Return on Equity for this stock declined to -20.80%, with Return on Assets sitting at -20.80%.
Perpetua Resources Corp [PPTA] Institutonal Ownership Details
There are presently around $64.17%, or 64.43% of PPTA stock, in the hands of institutional investors. The top three institutional holders of PPTA stocks are: PAULSON & CO. INC. with ownership of 24.77 million shares, which is approximately 38.3969%. KOPERNIK GLOBAL INVESTORS, LLC, holding 5.06 million shares of the stock with an approximate value of $$26.33 million in PPTA stocks shares; and KOPERNIK GLOBAL INVESTORS, LLC, currently with $$24.19 million in PPTA stock with ownership which is approximately 7.2333%.
