Perpetua Resources (NASDAQ:PPTA) Director Alexander Mcleod Sternhell Sells 3,000 Shares of Stock

Perpetua Resources Corp. (NASDAQ:PPTA) Director Alexander Mcleod Sternhell sold 3,000 shares of the business’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $29.09, for a total value of $87,270.00. Following the completion of the sale, the director owned 16,352 shares of the company’s stock, valued at $475,679.68. This trade represents a 15.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Alexander Mcleod Sternhell also recently made the following trade(s):

• On Monday, January 5th, Alexander Mcleod Sternhell sold 10,148 shares of Perpetua Resources stock. The stock was sold at an average price of $26.50, for a total value of $268,922.00.

Perpetua Resources Stock Performance

Shares of Perpetua Resources stock opened at $28.89 on Thursday. The firm has a 50-day moving average of $24.87 and a 200-day moving average of $20.61. Perpetua Resources Corp. has a 52-week low of $7.81 and a 52-week high of $31.65. The stock has a market cap of $3.58 billion, a PE ratio of -57.77 and a beta of 0.03.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Paulson & CO. Inc. boosted its stake in shares of Perpetua Resources by 30.6% in the 2nd quarter. Paulson & CO. Inc. now owns 32,347,299 shares of the company’s stock valued at $392,696,000 after purchasing an additional 7,575,757 shares in the last quarter. Encompass Capital Advisors LLC boosted its position in Perpetua Resources by 145.0% in the second quarter. Encompass Capital Advisors LLC now owns 3,608,369 shares of the company’s stock valued at $43,806,000 after buying an additional 2,135,478 shares in the last quarter. Alyeska Investment Group L.P. increased its holdings in shares of Perpetua Resources by 40.4% during the third quarter. Alyeska Investment Group L.P. now owns 4,581,234 shares of the company’s stock worth $92,678,000 after buying an additional 1,318,008 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Perpetua Resources by 165.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,912,040 shares of the company’s stock valued at $38,685,000 after acquiring an additional 1,192,744 shares during the last quarter. Finally, Monaco Asset Management SAM acquired a new stake in shares of Perpetua Resources during the 2nd quarter valued at $12,662,000. Institutional investors own 70.07% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. UBS Group set a $30.00 target price on Perpetua Resources in a report on Thursday, October 9th. Roth Capital set a $32.00 price objective on shares of Perpetua Resources and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Zacks Research raised shares of Perpetua Resources from a “hold” rating to a “strong-buy” rating in a report on Friday, October 17th. Wall Street Zen downgraded shares of Perpetua Resources from a “hold” rating to a “sell” rating in a report on Saturday, October 18th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Perpetua Resources in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Perpetua Resources has a consensus rating of “Buy” and a consensus price target of $30.67.

More Perpetua Resources News

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

Perpetua Resources Company Profile

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.