Key Points
- Director Robert Alan Dean sold 2,400 shares on Jan. 6 at $27.14 for $65,136 and, together with three prior sales (3,308; 5,000; 6,490 shares), has sold 17,198 shares for about $462,420, reducing his stake by 9.72% to 22,302 shares.
- Perpetua hired Hatch Ltd. as EPCM for the Stibnite gold project—a material step toward de‑risking development—while analysts remain mostly bullish with a consensus target near $31–$32 and the stock trading around $28.89 (market cap ~$3.58B).
Perpetua Resources Corp. (NASDAQ:PPTA - Get Free Report) Director Robert Alan Dean sold 2,400 shares of the firm's stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $27.14, for a total value of $65,136.00. Following the sale, the director directly owned 22,302 shares of the company's stock, valued at approximately $605,276.28. This represents a 9.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Robert Alan Dean also recently made the following trade(s):
- On Monday, January 5th, Robert Alan Dean sold 3,308 shares of Perpetua Resources stock. The shares were sold at an average price of $26.28, for a total transaction of $86,934.24.
- On Wednesday, December 24th, Robert Alan Dean sold 5,000 shares of Perpetua Resources stock. The stock was sold at an average price of $26.31, for a total transaction of $131,550.00.
- On Tuesday, December 23rd, Robert Alan Dean sold 6,490 shares of Perpetua Resources stock. The shares were sold at an average price of $27.55, for a total transaction of $178,799.50.
Perpetua Resources Stock Up 3.0%
Shares of PPTA stock opened at $28.89 on Thursday. The firm has a market cap of $3.58 billion, a P/E ratio of -57.77 and a beta of 0.03. The company has a 50 day moving average of $24.87 and a 200-day moving average of $20.61. Perpetua Resources Corp. has a 12-month low of $7.81 and a 12-month high of $31.65.
Perpetua Resources (NASDAQ:PPTA - Get Free Report) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.23). As a group, equities analysts expect that Perpetua Resources Corp. will post -0.21 EPS for the current year.
Institutional Investors Weigh In On Perpetua Resources
Several large investors have recently added to or reduced their stakes in the business. Paulson & CO. Inc. increased its stake in Perpetua Resources by 30.6% in the 2nd quarter. Paulson & CO. Inc. now owns 32,347,299 shares of the company's stock worth $392,696,000 after acquiring an additional 7,575,757 shares during the last quarter. Alyeska Investment Group L.P. boosted its position in shares of Perpetua Resources by 40.4% during the 3rd quarter. Alyeska Investment Group L.P. now owns 4,581,234 shares of the company's stock valued at $92,678,000 after acquiring an additional 1,318,008 shares during the last quarter. Encompass Capital Advisors LLC grew its holdings in shares of Perpetua Resources by 145.0% during the second quarter. Encompass Capital Advisors LLC now owns 3,608,369 shares of the company's stock worth $43,806,000 after purchasing an additional 2,135,478 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Perpetua Resources by 53.4% in the third quarter. Van ECK Associates Corp now owns 2,840,546 shares of the company's stock worth $57,464,000 after purchasing an additional 989,090 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Perpetua Resources by 165.8% in the third quarter. Vanguard Group Inc. now owns 1,912,040 shares of the company's stock valued at $38,685,000 after purchasing an additional 1,192,744 shares in the last quarter. Institutional investors own 70.07% of the company's stock.
Analyst Upgrades and Downgrades
PPTA has been the topic of a number of recent research reports. Roth Capital set a $32.00 price target on shares of Perpetua Resources and gave the company a "buy" rating in a research note on Wednesday, October 22nd. Zacks Research raised Perpetua Resources from a "hold" rating to a "strong-buy" rating in a report on Friday, October 17th. Wall Street Zen lowered Perpetua Resources from a "hold" rating to a "sell" rating in a research note on Saturday, October 18th. UBS Group set a $30.00 price objective on Perpetua Resources in a report on Thursday, October 9th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Perpetua Resources in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $30.67.
View Our Latest Report on PPTA
Perpetua Resources News Summary
Here are the key news stories impacting Perpetua Resources this week:
- Positive Sentiment: Perpetua hired engineering firm Hatch Ltd. as the EPCM contractor for the Stibnite gold project — a material step toward detailed design and de‑risking construction/execution timelines that investors view as progress toward production and value realization. Analysts remain constructive: all covering analysts were bullish as of Jan. 5 with a consensus median target near $32 (≈21% upside). Analysts Remain Bullish on Perpetua Resources as It Hires Hatch Ltd. as EPCM for Stibnite Gold Project
- Negative Sentiment: Several insiders and directors sold meaningful blocks of stock in early January (including sales by Margaret Lyon, Jeffrey Malmen, Alexander Sternhell and Robert Dean), reducing their holdings by double-digit percentages in some cases — a signal some investors interpret as profit-taking or less insider conviction near current levels, which can put pressure on the share price. See SEC disclosure of recent insider sales. SEC Filing — insider sale
About Perpetua Resources
(
Get Free Report)
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.
Further Reading
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