Perpetua Resources Corp. (NASDAQ:PPTA) Stock Has Average Price Target of $36.75 According to Brokerages

Posted by Stanley Muller on Nov 8th, 2026

Shares of Perpetua Resources Corp. (NASDAQ:PPTA – Get Free Report) have been assigned a consensus recommendation of “Hold” from the five ratings firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $36.75.

Several equities analysts have commented on the stock. Zacks Research lowered shares of Perpetua Resources from a “hold” rating to a “strong sell” rating in a report on Thursday, October 15th. B. Riley Financial assumed coverage on shares of Perpetua Resources in a report on Monday, August 3rd. They set a “buy” rating and a $30.00 price target for the company. Scotiabank assumed coverage on shares of Perpetua Resources in a report on Tuesday, September 1st. They set a “sector outperform” rating for the company. HC Wainwright reiterated a “buy” rating and set a $43.50 price target on shares of Perpetua Resources in a research report on Wednesday, September 30th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Perpetua Resources in a research note on Thursday, October 15th.

Get Our Latest Stock Analysis on Perpetua Resources

Institutional Investors Weigh In On Perpetua Resources

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

Perpetua Resources Stock Performance

Shares of NASDAQ PPTA opened at $19.53 on Thursday. The stock has a market capitalization of $2.44 billion, a P/E ratio of -9.67 and a beta of 0.24. The stock’s fifty day moving average is $20.87 and its 200 day moving average is $25.18. Perpetua Resources has a 52 week low of $15.66 and a 52 week high of $37.37.

Perpetua Resources (NASDAQ:PPTA – Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.78) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.59). During the same period last year, the company earned $0.08 EPS. Equities research analysts forecast that Perpetua Resources will post -2.16 earnings per share for the current year.

About Perpetua Resources

(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.