Perpetua Resources (NASDAQ:PPTA) Shares Down 8.6% – What’s Next?

12 Dec 2025, 16:30 by Jessica Moore · The Cerbat Gem

Shares of Perpetua Resources Corp. (NASDAQ:PPTA – Get Free Report) were down 8.6% during mid-day trading on Wednesday . The stock traded as low as $24.00 and last traded at $24.2770. Approximately 650,697 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 2,172,559 shares. The stock had previously closed at $26.55.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. HC Wainwright reaffirmed a “buy” rating and set a $30.00 price objective on shares of Perpetua Resources in a research report on Tuesday, September 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Perpetua Resources in a research note on Wednesday, October 8th. Wall Street Zen lowered shares of Perpetua Resources from a “hold” rating to a “sell” rating in a research report on Saturday, October 18th. Roth Capital set a $32.00 price objective on shares of Perpetua Resources and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Finally, Zacks Research upgraded shares of Perpetua Resources from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $29.00.

View Our Latest Stock Report on PPTA

Perpetua Resources Stock Performance

The company has a market capitalization of $3.54 billion, a PE ratio of -57.68 and a beta of 0.02. The firm’s 50-day simple moving average is $24.30 and its 200 day simple moving average is $19.03.

Perpetua Resources (NASDAQ:PPTA – Get Free Report) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.23). As a group, equities analysts anticipate that Perpetua Resources Corp. will post -0.21 earnings per share for the current year.

Insider Transactions at Perpetua Resources

In other Perpetua Resources news, insider Jonathan Cherry sold 14,911 shares of the stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $23.72, for a total value of $353,688.92. Following the completion of the transaction, the insider directly owned 36,249 shares of the company’s stock, valued at approximately $859,826.28. This trade represents a 29.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Perpetua Resources

Several hedge funds have recently bought and sold shares of the company. Lowe Wealth Advisors LLC acquired a new stake in Perpetua Resources in the second quarter valued at $26,000. Steward Partners Investment Advisory LLC acquired a new stake in Perpetua Resources in the 2nd quarter valued at about $31,000. Private Trust Co. NA purchased a new position in Perpetua Resources during the 3rd quarter valued at about $35,000. Caitong International Asset Management Co. Ltd acquired a new position in Perpetua Resources during the second quarter worth about $39,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Perpetua Resources in the third quarter valued at about $52,000. 70.07% of the stock is owned by hedge funds and other institutional investors.

About Perpetua Resources

(Get Free Report)