Perpetua Resources Corp. (PPTA) Stock Price & Analysis
Perpetua Resources Corp. (PPTA) closed at USD 17.26 on Thursday, October 22, 2026, down 7.90% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 18.74; the Oct 22, 2026 session ranged USD 17.12–18.22 on volume of 1,164,579 shares. Market capitalization is $2.16B, with a 52-week range of USD 16.44–37.37 (NCM). Source: Nexqual, retrieved October 23, 2026 at 10:11 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PPTA.md
Key facts (PPTA)
- Analysts: Buy (mean 1.71 on a 1–5 scale) (7 analysts), mean target USD 36.9 (range 30–43.5).
- Total return with dividends: 1Y -26.3% vs S&P 500 +14.9%; 5Y +259.6% vs S&P 500 +80.3%.
- Next earnings: 2026-11-12, EPS estimate USD -0.49, revenue estimate $0K.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PPTA)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Operating income | -$41.3M | -$29.3M | -$40.3M | -$52.1M | -$128M | -$264M |
| Net income | -$36.0M | -$28.7M | -$18.8M | -$14.5M | -$100M | -$232M |
| EPS (diluted) | $0.66 | -$0.46 | -$0.30 | -$0.22 | -$1.08 | — |
| Free cash flow | -$28.7M | -$24.9M | -$21.3M | -$12.1M | -$106M | -$213M |
| Cash + short-term investments | $47.9M | $22.7M | $3.2M | $44.1M | $714M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (PPTA)
P/B 3.0x · FCF yield -9.86% · Earnings yield -10.76%
Analysts (PPTA)
Consensus Buy (mean 1.71 on a 1–5 scale), 7 analysts; mean target USD 36.9 (low 30, high 43.5).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-30 | HC Wainwright & Co. | Reiterated | Buy | $43.5 |
| 2026-08-18 | HC Wainwright & Co. | Reiterated | Buy | $43.5 |
| 2026-08-03 | B. Riley Securities | Target lowered | Buy | $40 → $30 |
Total return (dividends reinvested) (PPTA)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -26.3% | +259.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -26.4% | +29.1% |
| Volatility (annualized) | 72.8% | 73.9% |
| Max drawdown | -54.6% (Mar 2026→Jul 2026) | -68.8% (Nov 2021→Oct 2022) |
PPTA suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Hatch | “In addition to our reliance on Hatch as EPCM, we depend on a range of third-party contractors and service providers for critical aspects of our operations, including drilling, blasting, transportation, logistics, maintenance, sample analysis, site maintenance and construction activities.” |
Quoted from the company's 10-K filed Mar 31, 2026.
PPTA company outlook (results filed Feb 23, 2026)
- “The material scientific and technical information in respect of the Stibnite Gold Project in this presentation, unless otherwise indicated, is based upon information contained in the technical report titled "Stibnite Gold Project, Feasibility Study Technical Report, Valley County, Idaho" dated effective December 22, 2020, and issued January 27, 2021 (the "FS" or "2020 Feasibility Study").”
- “The 2020 Feasibility Study was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").”
- “NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects.”
- “The Company has issued a Technical Report Summary (the "TRS"), dated as of December 31, 2021, and amended as of June 6, 2022, developed for the Stibnite Gold Project in accordance with the mining property disclosure rules specified in Subpart 1300 promulgated by the SEC.”
Quoted word-for-word from the SEC 8-K results press release.
PPTA analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.49 | $-0.28 | +78.2% | $0 | 1 |
| Next quarter (ends Dec 2026) | $-0.41 | $-0.18 | +121.6% | $0 | 1 |
| Current fiscal year (ends Dec 2026) | $-1.20 | $-0.07 | +1664.7% | $0 | 3 |
| Next fiscal year (ends Dec 2027) | $-0.10 | $-0.22 | -54.5% | $0 | 2 |
Key Statistics (as of October 23, 2026 at 10:11 UTC)
| Price | USD 17.26 |
|---|---|
| Change | ▼ 7.90% (down) |
| Previous Close | USD 18.74 |
| Open | USD 18.01 |
| Day Range | USD 17.12 – 18.22 |
| 52-Week Range | USD 16.44 – 37.37 |
| Volume | 1,164,579 shares |
| Market Cap | $2.16B |
| Exchange | NCM |
Technical Analysis (PPTA)
Nexqual's technical model rates PPTA "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:11 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 28.34 (oversold) |
| vs SMA50 | Below (USD 22.68) |
| MACD | -1.26 (negative) |
Analyst Ratings (PPTA)
Wall Street analysts rate PPTA "Buy" based on 7 analysts, with a mean price target of USD 36.9 (range USD 30–43.5), per Nexqual as of October 23, 2026 at 10:11 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 36.9 |
| High Target | USD 43.5 |
| Low Target | USD 30 |
| Buy / Hold / Sell | 7 / 0 / 0 |
Earnings (PPTA)
| Next Earnings Date | 2026-11-12 |
|---|---|
| Revenue Estimate | $0 |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.78 vs est -0.27 ▼ miss |
| 2026-03-31 | USD -0.39 vs est -0.18 ▼ miss |
| 2025-12-31 | USD -0.61 vs est -0.05 ▼ miss |
| 2025-09-30 | USD -0.24 vs est -0.03 ▼ miss |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financials & Fundamentals (PPTA)
| Gross Margin | +0.00% |
|---|---|
| Operating Margin | +0.00% |
| Profit Margin | +0.00% |
| ROE | -37.79% |
| Debt / Equity | 0.01 |
| Current Ratio | 12.34 |
| Total Cash | $574.25M |
| Total Debt | $3.65M |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financial Health Score (PPTA)
Nexqual rates Perpetua Resources Corp.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:11 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | Weak — Pre-revenue or very early stage |
| Balance Sheet | Strong — $574M cash vs $4M debt, net cash position |
| Cash Flow | Weak — Operating cash flow -$105M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -38%, ROA -25.6% |
Ownership (PPTA)
| Insider Ownership | +6.88% |
|---|---|
| Institutional Ownership | +73.13% |
| Shares Outstanding | 125.10M |
| Float | 83.87M |
| Short % of Float | +12.45% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Leadership (PPTA)
Perpetua Resources Corp. is led by Jonathan Cherry P.Eng., CEO, President & Director, per Nexqual as of October 23, 2026 at 10:11 UTC.
| CEO, President & Director | Jonathan Cherry P.Eng. |
|---|---|
| Chief Financial Officer | Mark E. Murchison Acc, B.Bus, CA, Fin |
| Senior Vice President of External Affairs | McKinsey Miller Lyon |
| Vice President of Projects | Michael Stephen Wright |
| Senior Vice President of Technical Services | Tim Kahl |
Major Backers & Investors (PPTA)
Notable institutional backers of Perpetua Resources Corp. include PAULSON & CO. INC., Tidal Investments LLC, Amplify ETF Trust-Amplify Junior Silver Miners ETF, according to Nexqual as of October 23, 2026 at 10:11 UTC.
Active Investors
| Investor | Stake |
|---|---|
| PAULSON & CO. INC. | 25.86% |
| Tidal Investments LLC | 3.91% |
| Amplify ETF Trust-Amplify Junior Silver Miners ETF | 3.9% |
| JPMorgan | 2.35% |
| Capital Group | 2.23% |
| Van Eck Associates Corporation | 2.1% |
| Sprott Inc. | 1.66% |
| VanEck ETF Trust-VanEck Junior Gold Miners ETF | 1.65% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 4.24% |
| Vanguard Group | 1.96% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
From Perpetua Resources Corp.'s Latest SEC 10-K Filing (filed 2026-03-31)
Partnerships
- The property holding entity, Idaho Gold Resources Company, LLC ("IGRCLLC"), is the surviving entity in a merger with Stibnite Gold Company ("SGC"), effective June 3, 2021, and is managed pursuant to an operating agreement with PRII.
- On March 21, 2024, Perpetua Resources entered into a royalty agreement with FNIC pursuant to which Perpetua Resources, through its subsidiaries, sold to FNIC a royalty on the future payable silver production from the Project in exchange for a cash payment of $8.5 million.
Legal & Regulatory Risks (Item 1A, quoted)
- The U.S. EXIM financing, or other debt financing that we may enter into to fund the Project, may subject us to restrictive covenants, significant debt service costs, additional compliance obligations and other obligations and restrictions that may affect the value of the Project and our ability to pursue our business strategy.
- The validity of mining rights may, in certain cases, be uncertain and subject to being contested. The Company's mining rights, claims and other land titles, particularly title to undeveloped properties, may be defective and open to being challenged by governmental authorities, local communities and other third parties.
- We are subject to extensive environmental laws and regulations, where compliance failure may impact our operations.
- Our operations, including permits, currently are and in the future may be subject to legal challenges, which could result in adverse impacts to our business and financial condition.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SIND | Sinda Ltd. | USD 11.46 | ▼ 0.09% |
| SLSR | Solaris Resources Inc. | USD 6.58 | ▼ 7.06% |
| MUX | McEwen Inc. | USD 14.9 | ▼ 5.93% |
| VMET | Versamet Royalties Corporation | USD 8.14 | ▼ 4.35% |
| ASM | Avino Silver & Gold Mines Ltd. | USD 4.77 | ▼ 8.45% |
| TFPM | Triple Flag Precious Metals Cor | USD 29.37 | ▼ 4.52% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:11 UTC. This page is informational and not investment advice.
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