Perpetua Resources (NASDAQ:PPTA) Insider Mckinsey Margaret Lyon Sells 32,490 Shares

Perpetua Resources Corp. (NASDAQ:PPTA) insider Mckinsey Margaret Lyon sold 32,490 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $26.61, for a total value of $864,558.90. Following the transaction, the insider directly owned 96,664 shares in the company, valued at $2,572,229.04. The trade was a 25.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Perpetua Resources Price Performance

Shares of PPTA opened at $28.89 on Thursday. The firm has a market capitalization of $3.58 billion, a P/E ratio of -57.77 and a beta of 0.03. Perpetua Resources Corp. has a one year low of $7.81 and a one year high of $31.65. The business has a fifty day moving average of $24.87 and a 200 day moving average of $20.61.

Perpetua Resources (NASDAQ:PPTA) last posted its earnings results on Friday, November 14th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.23). Analysts expect that Perpetua Resources Corp. will post -0.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. B. Riley reaffirmed a “buy” rating on shares of Perpetua Resources in a report on Thursday, October 30th. Weiss Ratings reissued a “sell (d-)” rating on shares of Perpetua Resources in a research report on Wednesday, October 8th. Roth Capital set a $32.00 price objective on Perpetua Resources and gave the stock 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. Finally, BMO Capital Markets set a $44.00 price target on Perpetua Resources in a report on Tuesday, October 28th. Two 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’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $30.67.

Perpetua Resources News Roundup

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

Institutional Trading of Perpetua Resources

Several hedge funds have recently bought and sold shares of the stock. Lowe Wealth Advisors LLC purchased a new stake in Perpetua Resources during the second quarter valued at approximately $26,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Perpetua Resources in the second quarter worth approximately $31,000. Private Trust Co. NA bought a new stake in shares of Perpetua Resources during the 3rd quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Perpetua Resources during the 2nd quarter worth approximately $39,000. Finally, Aventura Private Wealth LLC purchased a new position in Perpetua Resources during the 4th quarter valued at $48,000. Hedge funds and other institutional investors own 70.07% of the company’s stock.

About Perpetua Resources

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.