Perpetua Resources Corp (NASDAQ:PPTA) price on Thursday, May 01, rose 1.63% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $14.97.
A look at the stock’s price movement, the close in the last trading session was $14.73, moving within a range at $14.47 and $15.09. The beta value (5-Year monthly) was 1.113. Turning to its 52-week performance, $14.76 and $4.96 were the 52-week high and 52-week low respectively. Overall, PPTA moved 39.13% over the past month.
Perpetua Resources Corp’s market cap currently stands at around $1.07 billion, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-12.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PPTA is a 100% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend PPTA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PPTA’s current price about 18.19% and 37.28% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 71.72, while 7-day volatility ratio is 5.08% and 8.36% in the 30-day chart. Further, Perpetua Resources Corp (PPTA) has a beta value of 0.73, and an average true range (ATR) of 0.86. Analysts have given the company’s stock an average 52-week price target of $13.25, forecast between a low of $13.25 and high of $13.25. Looking at the price targets, the low is 11.49% off current price level while to achieve the yearly target high, price needs to move 11.49%. Nonetheless, investors will most likely welcome a 11.49% jump to $13.25 which is the analysts’ median price.
If we refocus on Perpetua Resources Corp (NASDAQ:PPTA), historical trading data shows that trading volumes averaged 1.03 over the past 10 days and 1.06 million over the past 3 months. The company’s latest data on shares outstanding shows there are 71.26 million shares.
The 0.89% of Perpetua Resources Corp’s shares are in the hands of company insiders while institutional holders own 70.32% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.91 million on 2025-04-15, giving us a short ratio of 3.02. The data shows that as of 2025-04-15 short interest in Perpetua Resources Corp (PPTA) stood at 849.0 of shares outstanding, with shares short rising to 3.36 million registered in 2025-03-14. Current price change has pushed the stock 40.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PPTA stock continues to rise going into the next quarter.
