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Perpetua Resources Corp. (PPTA)

Basic Materials | Other Precious Metals & Mining | Boise, United States | NasdaqCM
33.90 USD +2.25 (7.109%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 34.00 +0.10 (0.295%) ⇧ (April 17, 2026, 7:12 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 1:04 a.m. EDT

Perpetua Resources (PPTA) is a high-risk, high-conviction momentum play stitched together by a massive analyst reversal and recent steady climb toward its 52-week high. While the fundamental reality is a fundamentally broken business with negative cash flow and no earnings to justify the current valuation, the disconnect between the 5x book value and -24 PV/CF has created a speculative frenzy. With calls dominating the options chain and deep puts ignored, the market is pricing in the 'mining haircut' narrative – that Perpetua's high-grade silver/gold resources will be converted to cash flow sufficient to service massive debt, despite current liquidity constraints. It is a speculative bet on management execution and a potential analyst-driven re-rating, not a fundamental value recovery.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.101897
AutoARIMA0.105758
MSTL0.113781
AutoTheta0.159125

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 57%
H-stat 2.34
Ljung-Box p 0.000
Jarque-Bera p 0.667
Excess Kurtosis -0.62
Attribute Value
Sector Basic Materials
Debt to Equity Ratio 0.028
Market Cap 4,235,794,688
Forward P/E -184.91
Beta 0.72
Previous Name Midas Gold Corp.
Website https://www.perpetuaresources.com

As of April 19, 2026, 1:04 a.m. EDT: Speculators are exhibiting strong bullish positioning rather than hedging. Call Volume-opening (VOI) on the $30 strike dominates across all expirations, with significant OI at near-money levels ($35). Put activity is heavily skewed to deep out-of-the-money strikes (e.g., $17.50, $20.00), suggesting speculative longing for further upside momentum rather than downside protection. The low IV for strikes above the current price ($33.90) implies a consensus expectation of continued appreciation, while deep ITM put barriers suggest speculative long calls are the primary driver of flow.


Info Dump

Attribute Value
52 Week Change 1.5488722
Address1 405 South 8th Street
Address2 Suite 201
All Time High 37.37
All Time Low 1.69
Ask 33.99
Ask Size 5
Audit Risk 7
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 1,183,190
Average Daily Volume3 Month 1,761,681
Average Volume 1,761,681
Average Volume10Days 1,183,190
Beta 0.716
Bid 33.83
Bid Size 5
Board Risk 3
Book Value 6.939
City Boise
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 33.9
Current Ratio 51.085
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 34.14
Day Low 32.28
Debt To Equity 0.028
Display Name Perpetua Resources
Dividend Date 1,611,878,400
Earnings Timestamp 1,774,960,200
Earnings Timestamp End 1,778,243,400
Earnings Timestamp Start 1,778,243,400
Ebitda -127,789,000
Ebitda Margins 0.0
Enterprise To Ebitda -27.56
Enterprise Value 3,521,867,520
Eps Current Year -1.13
Eps Forward -0.18333
Eps Trailing Twelve Months -1.08
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 30.1246
Fifty Day Average Change 3.775402
Fifty Day Average Change Percent 0.12532622
Fifty Two Week Change Percent 154.88722
Fifty Two Week High 37.37
Fifty Two Week High Change -3.4699974
Fifty Two Week High Change Percent -0.09285516
Fifty Two Week Low 11.22
Fifty Two Week Low Change 22.68
Fifty Two Week Low Change Percent 2.0213904
Fifty Two Week Range 11.22 - 37.37
Financial Currency USD
First Trade Date Milliseconds 1,613,658,600,000
Float Shares 83,770,021
Forward Eps -0.18333
Forward P E -184.91246
Free Cashflow -113,088,128
Full Exchange Name NasdaqCM
Full Time Employees 47
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0689
Held Percent Institutions 0.73190004
Implied Shares Outstanding 124,949,691
Industry Other Precious Metals & Mining
Industry Disp Other Precious Metals & Mining
Industry Key other-precious-metals-mining
Ipo Expected Date 2,021-02-18
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary 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. The company was formerly known as Midas Gold Corp. and changed its name to Perpetua Resources Corp. in February 2021. Perpetua Resources Corp. was founded in 2009 and is headquartered in Boise, Idaho.
Long Name Perpetua Resources Corp.
Market us_market
Market Cap 4,235,794,688
Market State PREPRE
Max Age 86,400
Message Board Id finmb_133686050
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-04-19
Net Income To Common -100,392,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,243,224,435
Number Of Analyst Opinions 5
Open 32.49
Operating Cashflow -104,560,000
Operating Margins 0.0
Overall Risk 5
Payout Ratio 0.0
Phone 208 901 3060
Post Market Change 0.099998474
Post Market Change Percent 0.29498073
Post Market Price 34.0
Post Market Time 1,776,467,532
Prev Name Midas Gold Corp.
Previous Close 31.65
Price Eps Current Year -30.000002
Price Hint 2
Price To Book 4.8854303
Profit Margins 0.0
Quick Ratio 48.864
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.28571
Region US
Regular Market Change 2.25
Regular Market Change Percent 7.10901
Regular Market Day High 34.14
Regular Market Day Low 32.28
Regular Market Day Range 32.28 - 34.14
Regular Market Open 32.49
Regular Market Previous Close 31.65
Regular Market Price 33.9
Regular Market Time 1,776,456,000
Regular Market Volume 2,024,707
Return On Assets -0.16070999
Return On Equity -0.20696
Sand P52 Week Change 0.38150132
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 7
Shares Outstanding 124,949,691
Shares Percent Shares Out 0.0889
Shares Short 11,102,345
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 10,079,605
Short Name Perpetua Resources Corp.
Short Percent Of Float 0.1113
Short Ratio 6.57
Source Interval 15
State ID
Symbol PPTA
Target High Price 42.0
Target Low Price 32.0
Target Mean Price 38.4
Target Median Price 40.0
Total Cash 714,171,008
Total Cash Per Share 5.716
Total Debt 244,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.08
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 24.274275
Two Hundred Day Average Change 9.625727
Two Hundred Day Average Change Percent 0.39654022
Type Disp Equity
Volume 2,024,707
Website https://www.perpetuaresources.com
Zip 83,702