Jeffrey Malmen Sells 10,181 Shares of Perpetua Resources (NASDAQ:PPTA) Stock

Perpetua Resources Corp. (NASDAQ:PPTAGet Free Report) Director Jeffrey Malmen sold 10,181 shares of Perpetua Resources stock in a transaction on Monday, January 5th. The shares were sold at an average price of $26.34, for a total value of $268,167.54. Following the transaction, the director owned 19,319 shares in the company, valued at $508,862.46. This trade represents a 34.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Perpetua Resources Stock Up 1.2%

Shares of PPTA opened at $29.42 on Friday. The business has a 50-day simple moving average of $24.95 and a two-hundred day simple moving average of $20.67. 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 $3.65 billion, a price-to-earnings ratio of -58.84 and a beta of 0.03.

Perpetua Resources (NASDAQ:PPTAGet Free Report) last posted its quarterly earnings data 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). On average, equities analysts anticipate that Perpetua Resources Corp. will post -0.21 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PPTA has been the topic of several recent analyst reports. BMO Capital Markets set a $44.00 price objective on shares of Perpetua Resources in a research report on Tuesday, October 28th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Perpetua Resources in a research note on Wednesday, October 8th. Roth Capital set a $32.00 price objective on Perpetua Resources and gave the company a “buy” rating in a research report on Wednesday, October 22nd. B. Riley reiterated a “buy” rating on shares of Perpetua Resources in a research report on Thursday, October 30th. Finally, Wall Street Zen downgraded Perpetua Resources from a “hold” rating to a “sell” rating in a research note on Saturday, October 18th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $30.67.

View Our Latest Research Report on Perpetua Resources

Key Perpetua Resources News

Here are the key news stories impacting Perpetua Resources this week:

  • Positive Sentiment: Perpetua hired engineering firm Hatch Ltd. as EPCM for the Stibnite gold project — a key execution milestone that advances detailed design and de‑risking ahead of construction and production, which investors view as value-accretive. Analysts Remain Bullish on Perpetua Resources as It Hires Hatch Ltd. as EPCM for Stibnite Gold Project
  • Positive Sentiment: Analysts are broadly constructive: the coverage group had a consensus median target near $32 (roughly ~20%+ upside from recent levels), supporting buy-side interest and momentum into the stock. Analyst coverage summary
  • Positive Sentiment: Large institutional holders have been increasing positions (Paulson, Alyeska, VanEck, Vanguard and others hold a combined majority stake), which provides a stable shareholder base and can limit downside volatility. MarketBeat — institutional holdings
  • Negative Sentiment: Several insiders and directors sold sizable blocks in early January (notable filings: Margaret Lyon, Jeffrey Malmen, Alexander Sternhell, Robert Dean). The concentrated selling (double-digit percentage reductions for some insiders) can be interpreted as profit-taking or reduced insider conviction and may pressure the stock short-term. SEC filing — insider sale (example)
  • Negative Sentiment: Perpetua remains loss-making (recent quarterly EPS missed consensus), and analysts model negative EPS for the current year — a reminder that value realization depends on successful project delivery and commodity prices. MarketBeat — earnings context

Institutional Investors Weigh In On Perpetua Resources

Several institutional investors have recently modified their holdings of the stock. Lowe Wealth Advisors LLC bought a new position in shares of Perpetua Resources during the 2nd quarter valued at approximately $26,000. Steward Partners Investment Advisory LLC bought a new stake in Perpetua Resources in the second quarter worth $31,000. Private Trust Co. NA purchased a new position in Perpetua Resources during the third quarter worth $35,000. Caitong International Asset Management Co. Ltd bought a new position in Perpetua Resources during the second quarter valued at $39,000. Finally, Aventura Private Wealth LLC purchased a new stake in shares of Perpetua Resources in the fourth quarter valued at $48,000. 70.07% of the stock is owned by institutional investors.

Perpetua Resources Company Profile

(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.

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Insider Buying and Selling by Quarter for Perpetua Resources (NASDAQ:PPTA)

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