company background image
PPTA

Perpetua Resources TSX:PPTA Stock Report

Last Price

CA$3.48

Market Cap

CA$219.2m

7D

2.1%

1Y

-48.1%

Updated

17 Aug, 2022

Data

Company Financials +
PPTA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

PPTA Stock Overview

Perpetua Resources Corp. engages in the mineral exploration activities in the United States.

Perpetua Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Perpetua Resources
Historical stock prices
Current Share PriceCA$3.48
52 Week HighCA$7.47
52 Week LowCA$3.25
Beta0.99
1 Month Change-5.95%
3 Month Change-11.90%
1 Year Change-48.06%
3 Year Change-56.50%
5 Year Change-51.67%
Change since IPO-89.33%

Recent News & Updates

Apr 25
Companies Like Perpetua Resources (TSE:PPTA) Are In A Position To Invest In Growth

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...

Jan 11
Here's Why We're Not Too Worried About Perpetua Resources' (TSE:PPTA) Cash Burn Situation

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...

Shareholder Returns

PPTACA Metals and MiningCA Market
7D2.1%-2.4%1.5%
1Y-48.1%-13.2%2.1%

Return vs Industry: PPTA underperformed the Canadian Metals and Mining industry which returned -12.7% over the past year.

Return vs Market: PPTA underperformed the Canadian Market which returned 2.1% over the past year.

Price Volatility

Is PPTA's price volatile compared to industry and market?
PPTA volatility
PPTA Average Weekly Movement8.4%
Metals and Mining Industry Average Movement11.4%
Market Average Movement10.6%
10% most volatile stocks in CA Market18.9%
10% least volatile stocks in CA Market4.2%

Stable Share Price: PPTA is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PPTA's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201132Laurel Sayerhttps://www.perpetuaresources.com

Perpetua Resources Corp. engages in the mineral exploration activities in the United States. The company primarily explores for gold, silver, and antimony. Its principal asset is the 100% owned Stibnite gold project located in Valley County, Idaho.

Perpetua Resources Fundamentals Summary

How do Perpetua Resources's earnings and revenue compare to its market cap?
PPTA fundamental statistics
Market CapCA$219.20m
Earnings (TTM)-CA$38.01m
Revenue (TTM)n/a

0.0x

P/S Ratio

-5.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PPTA income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$29.41m
Earnings-US$29.41m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.47
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did PPTA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PPTA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PPTA?

Other financial metrics that can be useful for relative valuation.

PPTA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-4.5x
PEG Ration/a

Price to Book Ratio vs Peers

How does PPTA's PB Ratio compare to its peers?

PPTA PB Ratio vs Peers
The above table shows the PB ratio for PPTA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.8x
PRB Probe Metals
5.5x1.5%CA$218.0m
LIO Lion One Metals
1.4xn/aCA$187.7m
OCO Oroco Resource
3.5xn/aCA$187.4m
JAG Jaguar Mining
0.9xn/aCA$234.4m
PPTA Perpetua Resources
1.7x2.2%CA$219.2m

Price-To-Book vs Peers: PPTA is good value based on its Price-To-Book Ratio (1.7x) compared to the peer average (2.8x).


Price to Earnings Ratio vs Industry

How does PPTA's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: PPTA is expensive based on its Price-To-Book Ratio (1.7x) compared to the Canadian Metals and Mining industry average (1.6x)


Price to Book Ratio vs Fair Ratio

What is PPTA's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PPTA PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PPTA's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of PPTA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate PPTA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PPTA's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Perpetua Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


2.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PPTA is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PPTA is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PPTA is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if PPTA's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: PPTA is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PPTA's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Perpetua Resources performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-33.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PPTA is currently unprofitable.

Growing Profit Margin: PPTA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PPTA is unprofitable, and losses have increased over the past 5 years at a rate of 33.1% per year.

Accelerating Growth: Unable to compare PPTA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PPTA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-16%).


Return on Equity

High ROE: PPTA has a negative Return on Equity (-29.23%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Perpetua Resources's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PPTA's short term assets ($37.0M) exceed its short term liabilities ($8.2M).

Long Term Liabilities: PPTA's short term assets ($37.0M) exceed its long term liabilities ($3.8M).


Debt to Equity History and Analysis

Debt Level: PPTA is debt free.

Reducing Debt: PPTA has no debt compared to 5 years ago when its debt to equity ratio was 51.7%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PPTA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PPTA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.9% each year


Discover healthy companies

Dividend

What is Perpetua Resources's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PPTA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PPTA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PPTA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PPTA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PPTA has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.9yrs

Average management tenure


CEO

Laurel Sayer (68 yo)

5.92yrs

Tenure

US$627,529

Compensation

Ms. Laurel Sayer serves as President, Chief Executive Officer at Perpetua Resources Corp. (formerly known as Midas Gold Corporation) since September 20, 2016 and Director since December 04, 2020. Ms. Sayer...


CEO Compensation Analysis

Compensation vs Market: Laurel's total compensation ($USD627.53K) is about average for companies of similar size in the Canadian market ($USD747.35K).

Compensation vs Earnings: Laurel's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: PPTA's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: PPTA's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PPTA insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.


Top Shareholders

Company Information

Perpetua Resources Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Perpetua Resources Corp.
  • Ticker: PPTA
  • Exchange: TSX
  • Founded: 2011
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: CA$219.198m
  • Shares outstanding: 62.99m
  • Website: https://www.perpetuaresources.com

Number of Employees


Location

  • Perpetua Resources Corp.
  • 405 South 8th Street
  • Suite 201
  • Boise
  • Idaho
  • 83702
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/17 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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 here.