Perpetua Resources (NASDAQ:PPTA) Sets New 12-Month Low – Time to Sell?

Posted by Stanley Muller on Nov 7th, 2026

Shares of Perpetua Resources Corp. (NASDAQ:PPTA – Get Free Report) hit a new 52-week low on Thursday. The stock traded as low as $15.66 and last traded at $16.5840, with a volume of 804,497 shares trading hands. The stock had previously closed at $16.35.

Analyst Ratings Changes

A number of research firms have recently commented on PPTA. HC Wainwright restated a “buy” rating and issued a $43.50 price objective on shares of Perpetua Resources in a report on Wednesday, September 30th. Zacks Research downgraded Perpetua Resources from a “hold” rating to a “strong sell” rating in a report on Thursday, October 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Perpetua Resources in a research report on Thursday, October 15th. B. Riley Financial initiated coverage on Perpetua Resources in a research report on Monday, August 3rd. They set a “buy” rating and a $30.00 target price on the stock. Finally, Scotiabank initiated coverage on shares of Perpetua Resources in a report on Tuesday, September 1st. They issued a “sector outperform” rating on the stock. Three research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $36.75.

Check Out Our Latest Research Report on Perpetua Resources

Perpetua Resources Stock Up 16.6%

The stock has a market cap of $2.44 billion, a P/E ratio of -9.67 and a beta of 0.24. The firm’s 50-day moving average is $20.87 and its two-hundred day moving average is $25.18.

Perpetua Resources (NASDAQ:PPTA – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.78) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.59). During the same period in the prior year, the business posted $0.08 earnings per share. Analysts anticipate that Perpetua Resources Corp. will post -2.16 earnings per share for the current fiscal year.

Institutional Trading of Perpetua Resources

Hedge funds and other institutional investors have recently made changes to their positions in the business. Paulson & CO. Inc. bought a new position in Perpetua Resources in the 2nd quarter valued at approximately $671,530,000. BlackRock Inc. bought a new stake in Perpetua Resources in the second quarter valued at approximately $110,181,000. Amundi increased its position in shares of Perpetua Resources by 37.3% during the first quarter. Amundi now owns 1,384,758 shares of the company’s stock worth $38,939,000 after buying an additional 375,962 shares during the period. Alyeska Investment Group L.P. grew its holdings in Perpetua Resources by 363.4% during the 2nd quarter. Alyeska Investment Group L.P. now owns 1,099,408 shares of the company’s stock worth $22,824,000 after acquiring an additional 862,143 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in Perpetua Resources in the second quarter worth approximately $15,128,000. 70.07% of the stock is currently owned by institutional investors and hedge funds.

Perpetua Resources Company Profile

(Get Free Report)

Perpetua Resources Corp. is a mineral development company focused on advancing the Stibnite Gold Project in central Idaho. The project is designed to produce gold and antimony, a critical mineral used in defense applications, energy technologies, flame retardants and other industrial products. The company is pursuing the project through its U.S. subsidiary, Stibnite Gold Project LLC.

The Stibnite Gold Project is located in the historic Stibnite-Yellow Pine mining district. Perpetua’s activities include permitting, engineering, environmental studies and project development, as well as planning for the restoration of legacy environmental impacts associated with earlier mining in the area.