Perpetua Resources (PPTA) Stock Overview

A development-stage company, engages in the acquisition of mining properties in the United States. More details

PPTA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Analysts in good agreement that stock price will rise by 60%

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue ($0)

Currently unprofitable and not forecast to become profitable over the next 3 years

Significant insider selling over the past 3 months

PPTA Community Fair Values

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Perpetua Resources Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Perpetua Resources
Historical stock prices
Current Share Price	CA$31.55
52 Week High	CA$51.10
52 Week Low	CA$15.92
Beta	0.66
1 Month Change	-23.01%
3 Month Change	-29.12%
1 Year Change	32.62%
3 Year Change	422.35%
5 Year Change	200.19%
Change since IPO	-3.22%

Recent updates

Analysis Article • Apr 07

We're Interested To See How Perpetua Resources (TSE:PPTA) Uses Its Cash Hoard To Grow

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Analysis Article • Aug 16

Is Perpetua Resources (TSE:PPTA) In A Good Position To Deliver On Growth Plans?

We can readily understand why investors are attracted to unprofitable companies. For example, although...

Analysis Article • Mar 29

Is Perpetua Resources (TSE:PPTA) In A Good Position To Invest In Growth?

We can readily understand why investors are attracted to unprofitable companies. For example, although...

Analysis Article • Nov 19

Here's Why We're Watching Perpetua Resources' (TSE:PPTA) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Analysis Article • Apr 25

Companies Like Perpetua Resources (TSE:PPTA) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Analysis Article • Jan 11

Here's Why We're Not Too Worried About Perpetua Resources' (TSE:PPTA) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Analysis Article • Jan 25

Christopher Dail Is The Exploration Manager of Midas Gold Corp. (TSE:MAX) And They Just Sold 100% Of Their Shares

We note that the Midas Gold Corp. ( TSE:MAX ) Exploration Manager, Christopher Dail, recently sold CA$57k worth of...

Analysis Article • Dec 25

Need To Know: Midas Gold Corp. (TSE:MAX) Insiders Have Been Selling Shares

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

Shareholder Returns

	PPTA	CA Metals and Mining	CA Market
7D	-15.3%	-10.8%	-1.2%
1Y	32.6%	65.7%	31.4%

Return vs Industry: PPTA underperformed the Canadian Metals and Mining industry which returned 65.7% over the past year.

Return vs Market: PPTA exceeded the Canadian Market which returned 31.4% over the past year.

Price Volatility

Is PPTA's price volatile compared to industry and market?
PPTA volatility
PPTA Average Weekly Movement	10.5%
Metals and Mining Industry Average Movement	11.5%
Market Average Movement	10.1%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	3.8%

Stable Share Price: PPTA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: PPTA's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2009	48	Jon Cherry	www.perpetuaresources.com

Perpetua Resources Corp., a development-stage company, engages in the acquisition of mining properties in the United States. The company explores gold, silver, and antimony deposits. Its principal mineral project is the 100% owned Stibnite Gold project, which includes 1,674 unpatented lode claims, mill sites, and patented land holdings covering an area of approximately 11,526 hectares located in Valley County, Idaho.

Perpetua Resources Corp. Fundamentals Summary

How do Perpetua Resources's earnings and revenue compare to its market cap?
PPTA fundamental statistics
Market cap	CA$3.95b
Earnings (TTM)	-CA$196.33m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-20.1x

P/E Ratio

Is PPTA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PPTA income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$140.81m
Earnings	-US$140.81m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	-1.13
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did PPTA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/07 01:53
End of Day Share Price	2026/06/05 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Perpetua Resources Corp. is covered by 17 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ACF Equity Research Limited
Brian Quast	BMO Capital Markets Equity Research
Nicholas Giles	B. Riley Securities, Inc.

Perpetua Resources (PPTA) Stock Overview

Rewards

Risk Analysis

Perpetua Resources Corp. Competitors

Centerra Gold

Allied Gold

Seabridge Gold

Aris Mining

Price History & Performance

Recent News & Updates

Perpetua Resources Corp. Commences Construction Activities and Engages Local Contractors for Stibnite Gold Project

Perpetua Resources Moves Forward on Stibnite Gold Project After Court Win and Roadwork Progress

Insider recently sold CA$324k worth of stock

Insider recently sold CA$357k worth of stock

No longer forecast to breakeven

New major risk - Financial position

Recent updates

Perpetua Resources Corp. Commences Construction Activities and Engages Local Contractors for Stibnite Gold Project

Perpetua Resources Moves Forward on Stibnite Gold Project After Court Win and Roadwork Progress

Insider recently sold CA$324k worth of stock

Insider recently sold CA$357k worth of stock

No longer forecast to breakeven

New major risk - Financial position

Perpetua Resources Corp., Annual General Meeting, Jun 04, 2026

Insider recently sold CA$1.6m worth of stock

Lead Independent Director notifies of intention to sell stock

Independent Director exercised options and sold CA$290k worth of stock

New minor risk - Insider selling

Perpetua Resources Corp. announced that it expects to receive $3.999993 million in funding from Hatch Ltd.

Perpetua Resources Corp. Announces Board Changes

New major risk - Revenue and earnings growth

Perpetua Resources Corp. announced that it expects to receive $6.98885 million in funding

Perpetua Resources Corp. has completed a Follow-on Equity Offering in the amount of $71.2465 million.

Perpetua Resources Corp. announced that it expects to receive $255 million in funding from Agnico Eagle Mines Limited, Jpmorgan Chase Funding, Inc.

Perpetua Resources Receives Notice to Proceed from U.S. Forest Service Authorizing Project Development

Exploration Manager recently bought CA$877k worth of stock

Perpetua Resources Corp. Announces Stepping Down of Jessica Largent as A Member of the Board of Directors, Effective October 1, 2025

Perpetua Resources Corp. Unveils Next Steps to Secure Commercial Downstream Antimony Processing

Vice President of Projects recently sold CA$252k worth of stock

Forecast to breakeven in 2027

New major risk - Shareholder dilution

Perpetua Resources Corp. announced that it has received $99.999992 million in funding from Paulson & Co. Inc.

Perpetua Resources Corp. has completed a Follow-on Equity Offering in the amount of $325.0104 million.

Perpetua Resources Corp. announced that it expects to receive $99.999992 million in funding from Paulson & Co. Inc.

Perpetua Resources Corp. Receives $6.9 Million in Additional Funding from the U.S. Army Via the Defense Ordnance Technology Consortium

New minor risk - Share price stability

Vice President of Projects recently sold CA$125k worth of stock

Perpetua Resources Corp.'S Stibnite Gold Project Selected as Priority Project by White House

We're Interested To See How Perpetua Resources (TSE:PPTA) Uses Its Cash Hoard To Grow

Exploration Manager recently sold CA$253k worth of stock

The Schall Law Firm Files Class Action Lawsuit Against Perpetua Resources Corp

New major risk - Financial position

No longer forecast to breakeven

CFO & Director recently sold CA$320k worth of stock

Perpetua Resources Corp., Annual General Meeting, May 15, 2025

CFO & Director recently sold CA$154k worth of stock

New minor risk - Share price stability

Perpetua Resources Corp. Secures Approval from US Forest Service for Stibnite Gold Project

Perpetua Resources Corp. has completed a Follow-on Equity Offering in the amount of $34.979359 million.

Perpetua Resources Corp. has filed a Follow-on Equity Offering.

New minor risk - Share price stability

New major risk - Revenue and earnings growth

Perpetua Resources Corp. Elects Bob Dean as Director

New minor risk - Shareholder dilution

High number of new directors

Perpetua Resources Corp. Announces Management Changes

Perpetua Resources Corp., Annual General Meeting, May 16, 2024

Perpetua Resources Corp. Announces Director Changes

New major risk - Revenue and earnings growth

Is Perpetua Resources (TSE:PPTA) In A Good Position To Deliver On Growth Plans?

New major risk - Financial position

Perpetua Resources Begins Next Phase of Cleanup Activities At Historical Mine Site

Perpetua Resources Corp. Announces Directorate Appointments

Is Perpetua Resources (TSE:PPTA) In A Good Position To Invest In Growth?

Here's Why We're Watching Perpetua Resources' (TSE:PPTA) Cash Burn Situation

Less than half of directors are independent

Perpetua Resources Corp. Announces Summer 2022 Field Program

Perpetua Resources Receives Department of Defense Funding to Study Antimony from Stibnite Gold Project

Perpetua Resources Corp. Receives First Permit for the Stibnite Gold Project

High number of new and inexperienced directors