Perpetua Resources Corp. (PPTA) Stock

Perpetua Resources Corp. (PPTA) is a Materials stock trading at $25.92 (as of 2026-08-24), with a market capitalization of $3.24B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Perpetua Resources Corp. conducts mineral exploration in the United States, focusing on gold, silver, and antimony. Its principal property is the 100%-owned Stibnite gold project in Valley County, Idaho.

Understand Perpetua Resources Corp.: how it makes money

Perpetua Resources Corp. is a mineral exploration company that searches for gold, silver, and antimony, with its main focus on the 100% owned Stibnite gold project in Idaho, and it advances the project through exploration and related work rather than selling produced metals.

As an exploration and project development company, its profit outlook is driven by how effectively it advances the Stibnite project through technical and permitting related work (rather than by steady production sales).

Business quality (Weak): Clear single flagship asset focus (Stibnite, 100% owned), but the quarterly data provided shows losses, which is typical of the exploration stage and increases execution risk.

Bull case

  • Project advancement activities are tracked through specialist and site activity metrics: The company reports Specialist Reports Completed (17) and Site Tours Hosted Year to Date (14), which indicates ongoing progress on technical and engagement work.
  • Work tied to site and environmental scope is underway: The company reports Stream Diversion Work Phase (1), suggesting active progress on a specific project workstream.

Bear case

  • Exploration and development outcomes are uncertain: Because the business is focused on exploration and advancing a project, results depend on successfully completing technical work and moving the project forward, which carries inherent uncertainty.
  • Loss-making quarter shown in the provided financial snapshot: For the period ended 2026-03-31, operating margin is -817.5% and revenue is shown as 0.0B in the provided facts, which points to continued losses.
Valuation — source: SEC EDGAR (first-party)
Price$25.92
Market Cap$3.24B
Price / Book4.50
Price / Sales124.17
FCF Yield-8.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$12.06M
Net Margin-832.7%
Revenue Growth (YoY)4792.0%
EPS Growth (YoY)390.9%
FCF Growth (YoY)776.0%
Financial Health — source: SEC EDGAR
Altman Z-Score118.33 (safe)
Valuation vs Sector & Industry
Sector P/E (Materials)25.9
Industry P/E (Precious Metals)24.4
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderPAULSON & CO. INC. ($909.61M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryPrecious Metals
CEOJonathan Cherry
Employees36
CountryUS
IPO Date2021-02-18

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PPTA earnings history · PPTA institutional & insider holders · PPTA KPIs & operating metrics · PPTA financials · PPTA investor presentations & press releases · PPTA SEC filings · PPTA peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.