Perpetua Resources (PPTA)

• Market cap: $645M
• 1 day: 12.21%
• 5 days: 7.99%
• 1 month: -22.71%
• 3 months: -28.20%
• 6 months: 7.61%
• Year to date: -16.83%
• 1 year: 141.21%
• 5 years: 13.46%
• 10 years: 13.46%
• Sector: Materials
• Industry: Gold & Silver Mining

About: Perpetua Resources Corp is focused on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Project. The Project is one of the highest-grade, open-pit gold deposits in the United States and is designed to apply a modern, responsible mining approach to restore an abandoned mine site and produce both gold and the only mined source of antimony in the United States. It has one segment, mineral exploration in the United States.

Employees: 35

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

450% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 6

180% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 15

68% more call options, than puts

Call options by funds: $4.23M | Put options by funds: $2.53M

28% more funds holding

Funds holding: 89 [Q3] → 114 (+25) [Q4]

13% more capital invested

Capital invested by funds: $402M [Q3] → $456M (+$53.4M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

5.89% less ownership

Funds ownership: 66.56% [Q3] → 60.67% (-5.89%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $19 107% upside
• Avg. target: $22 139% upside
• High target: $25 172% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Heiko Ihle 51% 1-year accuracy 99 / 194 met price target	172% upside $25	Buy Maintained	7 Jan 2025
Roth MKM Mike Niehuser 33% 1-year accuracy 8 / 24 met price target	107% upside $19	Buy Maintained	7 Jan 2025