Perpetua Resources(PPTA)

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PPTA Investors Have Opportunity to Join Perpetua Resources Corp. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-02-20 20:44
Core Viewpoint - The Schall Law Firm is investigating Perpetua Resources Corp. for potential violations of securities laws related to misleading statements and undisclosed information affecting investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Perpetua issued false or misleading statements or failed to disclose relevant information to investors [2]. - Perpetua filed a current report on form 8-K with the SEC on February 13, 2025, revealing an updated cash flow model for the Stibnite Gold Project based on engineering work completed by Ausenco Engineering USA South Inc. in January 2025 [2]. Group 2: Financial Update Insights - The Financial Update indicated an increase in initial and total capital expenditures and Life of Mine (LOM) All-In Sustaining Costs (AISC) compared to the 2020 Feasibility Study [2]. - Despite the increase in costs, the rise in commodity prices led to improvements in key economic metrics, including Annual Average EBITDA and Annual Average Free Cash Flow, while maintaining a similar after-tax Net Present Value (NPV) at a 5% discount rate [2]. - Following the announcement of the Financial Update, shares of Perpetua fell by 22.3% on February 14, 2025 [2].
PPTA INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Perpetua Resources Corp. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-02-18 21:00
Core Viewpoint - Perpetua Resources Corp. is under investigation following a significant drop in stock price after the release of an updated cash flow model for the Stibnite Gold Project, which indicated increased capital expenditures but improved economic metrics due to rising commodity prices [2]. Group 1: Investigation Details - On February 13, 2025, Perpetua Resources filed a current report on form 8-K with the SEC, detailing an updated cash flow model for the Stibnite Gold Project based on engineering work completed by Ausenco Engineering USA South Inc. in January 2025 [2]. - The Financial Update indicated an increase in initial and total capital expenditures and Life of Mine (LOM) All-In Sustaining Costs (AISC) compared to the 2020 Feasibility Study, but also showed improvements in Annual Average EBITDA and Annual Average Free Cash Flow due to higher commodity prices [2]. - Following the announcement, Perpetua Resources' stock fell by $2.68 per share, or 22.3%, closing at $9.29 on February 14, 2025 [2]. Group 2: Next Steps - Investors who purchased Perpetua Resources securities and have relevant information are encouraged to assist the investigation by visiting the firm's website or contacting the firm's representatives [3].
Rosen Law Firm Encourages Perpetua Resources Corp. Investors to Inquire About Securities Class Action Investigation - PPTA
Prnewswire· 2025-02-17 21:50
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Perpetua Resources Corp. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation Details - The investigation is prompted by a current report filed by Perpetua Resources on February 13, 2025, which included an updated cash flow model for the Stibnite Gold Project, indicating increased capital expenditures and operating costs compared to previous estimates [4]. - Following the report, Perpetua Resources' stock price dropped by $2.68, or 22.3%, closing at $9.29 per share on February 14, 2025 [4]. Group 2: Class Action Information - Shareholders who purchased Perpetua Resources securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees or costs due to a contingency fee arrangement [2]. - Interested parties can join the class action by submitting a form or contacting the Rosen Law Firm directly [3]. Group 3: Rosen Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [5]. - The firm has recovered hundreds of millions of dollars for investors, with notable achievements in 2019 and 2020 [5].
Perpetua Resources Commences Detailed Engineering and Signs Procurement Contract with Idaho Power to Advance Stibnite Gold Project Towards Construction Decision
Prnewswire· 2025-02-13 22:31
Core Viewpoint - The Stibnite Gold Project is confirmed as a world-class asset with the lowest cost gold production in a Tier 1 jurisdiction, supported by low-cost hydro power and valuable antimony by-product essential for national defense and technology sectors [1][3]. Economic Highlights - The project has an after-tax net present value (NPV) of $3.7 billion at a 5% discount rate and an after-tax internal rate of return (IRR) exceeding 27% based on spot prices [3][10]. - All-In Sustaining Costs (AISC) are projected to average $435 per gold ounce over the first four years and under $760 per gold ounce over the life of the mine, positioning it as the lowest cost gold project in the U.S., Canada, and Australia [3][10]. - The project is expected to recover a total of 4.2 million ounces of gold and 106.5 million pounds of antimony over its 15-year life [10]. Job Creation and Financing - A projected increase of over 15% in job creation could support an increase in the existing $1.8 billion indication of interest from the U.S. Export-Import Bank [2][5]. - The company is advancing its loan application process with the U.S. Export-Import Bank, which received a Letter of Interest in April 2024 [5][23]. Project Development - The company has completed basic engineering and is moving forward with detailed engineering studies and procurement contracts, including a contract with Idaho Power for powerline materials [3][4]. - The project aims to become a reliable source of antimony, a critical mineral for defense needs, with construction expected to start in 2025 [4][23]. Technical and Financial Information - The Financial Update is based on basic engineering work completed to date, using the fourth quarter of 2024 as a base date for cost estimates [6][29]. - The project is designed to apply a modern, responsible mining approach to restore an abandoned mine site while producing gold and antimony [23].
Is Perpetua Resources (PPTA) Outperforming Other Basic Materials Stocks This Year?
ZACKS· 2025-01-29 15:41
Group 1 - Perpetua Resources Corp. (PPTA) is currently outperforming its peers in the Basic Materials sector, with a year-to-date performance of approximately 6.7% compared to an average loss of 7.8% for Basic Materials stocks [4] - The Zacks Consensus Estimate for PPTA's full-year earnings has increased by 25% over the past 90 days, indicating improving analyst sentiment and a positive earnings outlook [4] - Perpetua Resources Corp. holds a Zacks Rank of 1 (Strong Buy), suggesting a favorable earnings outlook compared to other stocks in the sector [3] Group 2 - The Basic Materials sector includes 234 individual stocks and currently has a Zacks Sector Rank of 10, indicating its relative performance among 16 different groups [2] - Perpetua Resources Corp. is part of the Mining - Miscellaneous industry, which consists of 60 companies and is ranked 134 in the Zacks Industry Rank, with an average loss of 20% this year [6] - Another stock in the Basic Materials sector, Siderurgica Nacional (SID), has also outperformed the sector with a year-to-date return of 6.3% and a Zacks Rank of 2 (Buy) [5]
Here's Why Momentum in Perpetua Resources (PPTA) Should Keep going
ZACKS· 2025-01-23 14:50
Core Viewpoint - The sustainability of a trend is crucial for successful short-term investing, and confirming the fundamentals behind a stock's momentum is essential for profitability [1][2]. Group 1: Stock Performance - Perpetua Resources Corp. (PPTA) has shown a solid price increase of 20% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 6.8% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, PPTA is trading at 90.7% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - PPTA holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like PPTA that are on an uptrend supported by strong fundamentals [3]. - There are additional stocks that meet the criteria of the "Recent Price Strength" screen, providing further investment opportunities [8].
Perpetua Resources (PPTA) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-01-22 18:00
Core Viewpoint - Perpetua Resources Corp. (PPTA) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks rating system is based on the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years [2]. - For the fiscal year ending December 2024, Perpetua Resources is expected to earn -$0.21 per share, representing a 30% change from the previous year's reported number [9]. - Over the past three months, the Zacks Consensus Estimate for Perpetua Resources has increased by 25%, indicating a positive trend in earnings estimates [9]. Impact of Institutional Investors - Changes in a company's future earnings potential, as shown through earnings estimate revisions, are strongly correlated with near-term stock price movements [5]. - Institutional investors utilize earnings estimates to calculate the fair value of a company's shares, leading to buying or selling actions that affect stock prices [5]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [8]. - The upgrade of Perpetua Resources to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for higher stock movement in the near term [11].
Are Basic Materials Stocks Lagging Perpetua Resources (PPTA) This Year?
ZACKS· 2025-01-13 15:46
The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Perpetua Resources Corp. (PPTA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Perpetua Resources Corp. is a member of our Basic Materia ...
Perpetua Resources Secures Approval from US Forest Service for Stibnite Gold Project
Prnewswire· 2025-01-06 12:00
U.S. Forest Service issues final Record of Decision for Stibnite Gold Project. Project includes the only domestic reserve of antimony, essential for national defense, energy, and technology sectors. The redevelopment of the abandoned mine site is expected to provide environmental, economic, and national security benefits. BOISE, Idaho, Jan. 6, 2025 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") today announced that the United States F ...
What Makes Perpetua Resources (PPTA) a Good Fit for 'Trend Investing'
ZACKS· 2024-12-04 14:50
Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stocks [1]. Group 1: Recent Price Strength Screen - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with strong fundamentals capable of maintaining an uptrend [2]. - Stocks that pass this screen are typically trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [2]. Group 2: Perpetua Resources Corp. (PPTA) - Perpetua Resources Corp. has shown a solid price increase of 27.4% over the past 12 weeks, indicating investor confidence in its potential upside [3]. - The stock has also increased by 9.6% over the last four weeks, suggesting that the upward trend is still intact [4]. - Currently, PPTA is trading at 98% of its 52-week high-low range, indicating a potential breakout [4]. Group 3: Fundamental Strength - PPTA holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Insights - The price trend for PPTA is expected to remain positive, and there are other stocks that also meet the criteria of the "Recent Price Strength" screen [7]. - The article suggests exploring over 45 Zacks Premium Screens tailored to different investing styles for potential stock picks [7].