PPTA Perpetua Resources Corp. - Common Shares
NASDAQ · Metals & Mining · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 14, 2026
$20.38
· of 52w range
· above low
· to high
$16.4452w low
$37.3752w high
Market Cap (MRQ)
$2.55B
P/E
-18.9
EPS
$-1.08
your badges
52W Range
$16–$37
Analyst Rating
BUY
Price Target
$37
P/E
-18.9
ROE
-14.6%
Net Profit Margin
·
Your badge strip is empty — pin a metric anywhere on this page.
PPTA Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$20.38
Market Cap (MRQ)
$2.55B
P/E
-18.9
EPS
$-1.08
ROE
-14.6%
52W Range
$16–$37
PPTA Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance Revenue, net income, margins and EPS trends
EPS$-1.082020-12-31 → 2025-12-31
Free Cash Flow$-106M2021-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | PPTA | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E | -18.95Y avg ≈-16.1 | ≈-16.1 | · | · | |
| P/B (MRQ) | 3.55Y avg ≈3.6 | ≈3.6 | · | · | |
| Price / FCF (TTM) | -12.05Y avg ≈-23.6 | ≈-23.6 | · | · | |
| Price / Cash Flow (TTM) | -14.15Y avg ≈-23.9 | ≈-23.9 | · | · | |
| Price / Tangible Book | 2.95Y avg ≈3.6 | ≈3.6 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | PPTA | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| ROA | -20.2%5Y avg ≈-22.6% | ≈-22.6% | · | · | |
| ROE | -14.6%5Y avg ≈-23.7% | ≈-23.7% | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | PPTA | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Current Ratio (MRQ) | 12.35Y avg ≈13.9 | ≈13.9 | · | · | |
| Quick Ratio | 48.95Y avg ≈13.4 | ≈13.4 | · | · |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
No data for this ratio group yet
Not enough fundamentals data to compute this ratio group yet.
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
No data for this ratio group yet
Not enough fundamentals data to compute this ratio group yet.
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-396.6%
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | $-0.78 | $-0.18 | -341.2% | |
| March 31, 2026 | $-0.39 | $-0.19 | -104.8% | |
| Dec. 31, 2025 | $-0.51 | $-0.03 | -1400.0% | |
| Sept. 30, 2025 | $-0.24 | $-0.03 | -684.3% | |
| June 30, 2025 | $-0.08 | $-0.11 | 25.3% | |
| March 31, 2025 | $-0.21 | $-0.05 | -305.9% | |
| Dec. 31, 2024 | $-0.06 | $-0.09 | 34.6% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| SG&A Expense | $6M | $5M | $614.3K | $762.9K | $2M | $402.2K | |
| Operating Income | $-128M | $-52M | $-40M | $-29M | $-41M | $-30M | |
| Interest Income | $12M | $246.0K | $442.9K | $485.5K | $58.3K | $277.8K | |
| Other Non-op | $535.0K | $32.0K | $-17.8K | $618.3K | $5M | $-191M | |
| Income Tax | $0 | $0 | $0 | $0 | · | · | |
| Net Income | $-100M | $-14M | $-19M | $-29M | $-36M | $-221M | |
| EPS (Basic) | $-1.08 | $-0.22 | $-0.30 | $-0.46 | $0.66 | $6.45 | |
| EPS (Diluted) | $-1.08 | $-0.22 | $-0.30 | $-0.46 | $0.66 | $6.45 | |
| Shares (Basic) | 93,225,494 | 65,619,452 | 63,190,941 | 62,986,816 | 54,530,322 | 34,227,710 | |
| Shares (Diluted) | 93,225,494 | 65,619,452 | 63,190,941 | 62,986,816 | 54,530,322 | 34,227,710 | |
| EBITDA | $-128M | $-52M | $-40M | $-29M | $-41M | · |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $714M | $44M | $3M | $23M | $48M | $25M | |
| Receivables | $2M | $3M | $3M | $280.1K | $279.9K | $107.7K | |
| Prepaid Expense | $5M | $663.0K | $443.3K | $614.9K | $946.3K | $647.0K | |
| Current Assets | $749M | $47M | $7M | $24M | $49M | $26M | |
| PP&E (Net) | $2M | $443.0K | $385.0K | $295.0K | $165.3K | $189.3K | |
| PP&E (Gross) | $8M | $7M | $7M | $7M | $7M | $7M | |
| Accum. Depreciation | $6M | $6M | $6M | $6M | $6M | $6M | |
| Total Assets | $878M | $118M | $83M | $99M | $124M | $98M | |
| Current Liabilities | $15M | $7M | $8M | $12M | $6M | $4M | |
| Capital Leases | $0 | · | · | · | · | $65.1K | |
| Total Liabilities | $16M | $9M | $11M | $14M | $13M | $41M | |
| Common Stock | $1.49B | $669M | $619M | $616M | $615M | $529M | |
| Paid-in Capital | $66M | $35M | $34M | $32M | $29M | $26M | |
| Retained Earnings | $-696M | $-595M | $-581M | $-562M | $-533M | $-497M | |
| Stockholders' Equity | $861M | $109M | $72M | $86M | $112M | $58M | |
| Liabilities + Equity | $878M | $118M | $83M | $99M | $124M | $98M | |
| Shares Outstanding | 124,124,030 | 70,266,550 | 64,123,456 | 63,011,777 | 62,971,859 | 47,481,134 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Stock-based Comp | $4M | $4M | $3M | $3M | $4M | $2M | |
| Operating Cash Flow | $-105M | $-12M | $-21M | $-25M | $-29M | $-29M | |
| CapEx | $1M | $176.0K | $148.8K | $200.0K | $34.9K | $38.8K | |
| Investing Cash Flow | $-14M | $6M | $-449.8K | $-465.8K | $-3M | $-520.8K | |
| Stock Issued | $842M | $44M | $3M | · | $58M | · | |
| Net Stock Activity | $842M | $46M | $3M | · | $58M | · | |
| Financing Cash Flow | $845M | $47M | $2M | · | $55M | $37M | |
| Net Change in Cash | $727M | $41M | $-19M | $-25M | $23M | $8M | |
| Taxes Paid | $0 | $0 | · | · | · | · | |
| Free Cash Flow | $-106M | $-12M | $-21M | $-25M | $-29M | · |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| ROA | -20.2% | -14.4% | -20.6% | -25.6% | -32.3% | · | |
| ROE | -14.6% | -15.6% | -25.8% | -31.7% | -30.9% | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 51.1 | 7.0 | 0.9 | 1.9 | 8.5 | · | |
| Quick Ratio | 48.9 | 6.9 | 0.8 | 1.9 | 8.4 | · |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Book Value / Share | $6.94 | $1.55 | $1.13 | $1.36 | $1.77 | · | |
| Cash Flow / Share | $-1.12 | $-0.18 | $-0.34 | $-0.39 | $-0.53 | · | |
| Cash / Share | $5.75 | $0.63 | $0.05 | $0.36 | $0.76 | · | |
| EPS (TTM) | $-1.08 | $-0.22 | $-0.30 | $-0.46 | $0.66 | · |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| EPS YoY | · | · | · | · | -89.8% | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Net Income TTM | $-100M | $-14M | $-19M | $-29M | $-36M | · | |
| Market Cap | $3.01B | $750M | $203M | $184M | $299M | · | |
| P/E | -22.4 | -48.5 | -10.6 | -6.3 | 7.2 | · | |
| P/B | 3.5 | 6.9 | 2.8 | 2.1 | 2.7 | · | |
| P / Tangible Book | 3.5 | 6.9 | 2.8 | 2.1 | 2.7 | · | |
| P / Cash Flow | -28.7 | -63.1 | -9.6 | -7.4 | -10.4 | · | |
| P / FCF | -28.4 | -62.1 | -9.5 | -7.4 | -10.4 | · | |
| Earnings Yield | -4.5% | -2.1% | -9.5% | -15.8% | 13.9% | · |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SG&A Expense | $2M | $3M | $6M | $197.1K | $745.0K | $2M | $5M | $140.8K | $121.4K | $141.8K | $159.8K | $160.3K | $131.8K | $162.5K | $192.5K | $187.7K | |
| Operating Income | $-107M | $-57M | $-68M | $-34M | $-12M | $-15M | $-15M | $-17M | $-12M | $-8M | $-11M | $-10M | $-12M | $-8M | $-11M | $-6M | |
| Interest Income | $8M | $7M | $6M | $5M | $764.0K | $378.0K | $144.8K | $41.8K | $42.8K | $16.5K | $24.3K | $92.6K | $163.6K | $162.5K | $230.8K | $170.7K | |
| Other Non-op | $-14.0K | $21.0K | $534.3K | $-24.1K | $32.0K | $-6.0K | $32.2K | $7.7K | $-2.5K | $-5.5K | $-4.3K | $-12.6K | $-1.9K | $1.0K | $289.1K | $183.8K | |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Income | $-98M | $-49M | $-60M | $-26M | $-6M | $-8M | $-4M | $-4M | $-4M | $-3M | $-4M | $-3M | $-8M | $-5M | $-10M | $-6M | |
| EPS (Basic) | $-0.78 | $-0.39 | $-0.64 | $-0.24 | $-0.08 | $-0.12 | $-0.06 | $-0.05 | $-0.06 | $-0.05 | $-0.53 | $0.04 | $0.12 | $0.07 | $-0.75 | $0.09 | |
| EPS (Diluted) | $-0.78 | $-0.39 | $-0.64 | $-0.24 | $-0.08 | $-0.12 | $-0.06 | $-0.05 | $-0.06 | $-0.05 | $-0.53 | $0.04 | $0.12 | $0.07 | $-0.75 | $0.09 | |
| Shares (Basic) | 125,085,630 | 124,694,794 | · | 107,020,838 | 76,471,846 | 70,619,291 | · | 65,537,015 | 64,514,387 | 64,123,456 | · | 63,176,063 | 63,164,231 | 63,018,308 | · | 62,987,859 | |
| Shares (Diluted) | 125,085,630 | 124,694,794 | · | 107,020,838 | 76,471,846 | 70,619,291 | · | 65,537,015 | 64,514,387 | 64,123,456 | · | 63,176,063 | 63,164,231 | 63,018,308 | · | 62,987,859 | |
| EBITDA | $-107M | $-57M | · | $-34M | $-12M | $-15M | · | $-17M | $-12M | $-8M | · | $-10M | $-12M | $-8M | · | $-6M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $574M | $670M | $714M | $446M | $425M | $19M | $44M | $11M | $2M | $8M | $3M | $7M | $14M | $19M | $23M | $29M | |
| Receivables | $3M | $3M | $2M | $3M | $2M | $3M | $3M | $9M | $8M | $2M | $3M | $2M | $3M | $1M | $280.1K | $120.8K | |
| Prepaid Expense | $5M | $4M | $5M | $1M | $747.2K | $723.2K | $663.0K | $924.6K | $754.8K | $495.8K | $443.3K | $1M | $936.1K | $696.8K | $614.9K | $958.0K | |
| Current Assets | $599M | $699M | $749M | $460M | $447M | $41M | $47M | $21M | $10M | $10M | $7M | $10M | $18M | $21M | $24M | $30M | |
| PP&E (Net) | · | · | $2M | $1M | $1M | $412.1K | $443.0K | $474.0K | $504.9K | $376.7K | $385.0K | $389.3K | $414.0K | $278.0K | $295.0K | $221.7K | |
| PP&E (Gross) | · | · | $8M | · | · | · | $7M | · | · | · | $7M | · | · | · | $7M | · | |
| Accum. Depreciation | · | · | $6M | · | · | · | $6M | · | · | · | $6M | · | · | · | $6M | · | |
| Total Assets | $774M | $855M | $878M | $545M | $518M | $111M | $118M | $89M | $78M | $78M | $83M | $87M | $94M | $96M | $99M | $106M | |
| Current Liabilities | $49M | $34M | $15M | $11M | $6M | $7M | $7M | $9M | $7M | $5M | $8M | $8M | $14M | $13M | $12M | $9M | |
| Capital Leases | $2M | $2M | · | · | · | · | · | · | · | · | · | · | · | · | · | $11.2K | |
| Total Liabilities | $54M | $39M | $16M | $13M | $8M | $9M | $9M | $12M | $10M | $8M | $11M | $13M | $19M | $14M | $14M | $11M | |
| Common Stock | $1.50B | $1.50B | $1.49B | $1.14B | $1.09B | $675M | $669M | $633M | $621M | $619M | $619M | $616M | $616M | $616M | $616M | $615M | |
| Paid-in Capital | $65M | $65M | $66M | $31M | $30M | $31M | $35M | $35M | $35M | $35M | $34M | $34M | $33M | $33M | $32M | $32M | |
| Retained Earnings | $-842M | $-744M | $-696M | $-635M | $-609M | $-603M | $-595M | $-591M | $-587M | $-584M | $-581M | $-577M | $-574M | $-567M | $-562M | $-551M | |
| Stockholders' Equity | $720M | $816M | $861M | $532M | $510M | $103M | $109M | $77M | $69M | $70M | $72M | $73M | $75M | $82M | $86M | $96M | |
| Liabilities + Equity | $774M | $855M | $878M | $545M | $518M | $111M | $118M | $89M | $78M | $78M | $83M | $87M | $94M | $96M | $99M | $106M | |
| Shares Outstanding | 125,095,803 | 124,949,691 | 124,124,030 | 107,616,062 | 103,872,262 | 71,285,844 | 70,266,550 | 66,569,376 | 64,593,552 | 64,351,878 | 64,123,456 | 63,202,408 | 63,165,367 | 63,139,533 | 63,011,777 | 62,987,859 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $1M | $2M | $1M | $862.1K | $475.6K | $1M | $991.2K | $947.5K | $950.2K | $1M | $717.2K | $696.1K | $784.3K | $840.8K | $708.6K | $732.2K | |
| Operating Cash Flow | $-81M | $-27M | $-60M | $-12M | $-7M | $-26M | $-51.4K | $-1M | $-7M | $-4M | $-6M | $-7M | $-4M | $-4M | $-7M | $-6M | |
| CapEx | $13M | $19M | $37.1K | $283.3K | · | · | $-270 | $0 | $158.3K | $18.0K | $-5.0K | $-899 | · | · | $101.9K | $1 | |
| Investing Cash Flow | $-13M | $-19M | $693.2K | $-14M | · | · | $-2M | $-532.8K | $-146.3K | $8M | $-45.0K | $-275.1K | · | · | $-126.9K | $-285.6K | |
| Stock Issued | · | · | $368M | $49M | · | · | $33M | · | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $-43.0K | $2M | $384M | $46M | $414M | $680.0K | $35M | $11M | · | · | $2M | $0 | $41.5K | $40.7K | · | · | |
| Net Change in Cash | $-94M | $-45M | $325M | $20M | $406M | $-25M | $33M | $9M | $-6M | $5M | $-4M | $-7M | $-4M | $-4M | $-7M | $-7M | |
| Free Cash Flow | · | $-46M | · | · | · | · | · | · | · | $-4M | · | · | · | · | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -15.1% | -10.1% | · | -8.1% | -2.0% | -8.6% | · | -4.0% | -4.3% | -3.4% | · | -2.7% | -7.4% | -4.3% | · | -10.8% | |
| ROE | -15.9% | -10.6% | · | -8.5% | -2.1% | -9.5% | · | -4.7% | -5.1% | -3.9% | · | -3.1% | -8.7% | -4.9% | · | -12.0% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 12.3 | 20.4 | · | 42.2 | 71.1 | 6.0 | · | 2.3 | 1.5 | 2.1 | · | 1.2 | 1.3 | 1.5 | · | 3.6 | |
| Quick Ratio | 11.9 | 19.6 | · | 41.2 | 68.0 | 3.1 | · | 2.2 | 1.4 | 2.0 | · | 1.1 | 1.2 | 1.5 | · | 3.4 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $5.75 | $6.53 | · | $4.94 | $4.91 | $1.44 | · | $1.16 | $1.06 | $1.09 | · | $1.16 | $1.19 | $1.30 | · | $1.52 | |
| Cash Flow / Share | · | $-0.22 | · | · | · | $-0.36 | · | · | · | $-0.05 | · | · | · | $-0.07 | · | · | |
| Cash / Share | $4.59 | $5.36 | · | $4.14 | $4.10 | $0.27 | · | $0.17 | $0.03 | $0.12 | · | $0.11 | $0.22 | $0.29 | · | $0.47 | |
| EPS (TTM) | $-2.05 | $-1.35 | · | $-0.50 | $-0.31 | $-0.29 | · | $-0.69 | $-0.60 | $-0.42 | · | $-0.52 | $-0.47 | $-0.49 | · | $1.02 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income TTM | $-232M | $-141M | · | $-44M | $-22M | $-20M | · | $-14M | $-13M | $-17M | · | $-25M | $-28M | $-27M | · | $-29M | |
| Market Cap | $2.60B | $3.51B | · | $2.18B | $1.26B | $762M | · | $622M | $336M | $268M | · | $206M | $232M | $281M | · | $127M | |
| P/E | -10.1 | -20.8 | · | -40.5 | -39.2 | -36.9 | · | -13.6 | -8.7 | -9.9 | · | -6.3 | -7.8 | -9.1 | · | 2.0 | |
| P/B | 3.6 | 4.3 | · | 4.1 | 2.5 | 7.4 | · | 8.1 | 4.9 | 3.8 | · | 2.8 | 3.1 | 3.4 | · | 1.3 | |
| P / Tangible Book | 3.6 | 4.3 | · | 4.1 | 2.5 | 7.4 | · | 8.1 | 4.9 | 3.8 | · | 2.8 | 3.1 | 3.4 | · | 1.3 | |
| P / Cash Flow | · | -130.0 | · | · | · | -29.7 | · | · | · | -76.4 | · | · | · | -67.7 | · | · | |
| Earnings Yield | -9.9% | -4.8% | · | -2.5% | -2.5% | -2.7% | · | -7.4% | -11.5% | -10.1% | · | -16.0% | -12.8% | -11.0% | · | 50.5% |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Net Income | $-100M | $-14M | $-19M | $-29M | $-36M |
| Diluted EPS | $-1.08 | $-0.22 | $-0.30 | $-0.46 | $0.66 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Current Ratio | 51.1 | 7.0 | 0.9 | 1.9 | 8.5 |
| Quick Ratio | 48.9 | 6.9 | 0.8 | 1.9 | 8.4 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $-106M | $-12M | $-21M | $-25M | $-29M |
Institutional owners (13F) 282 filers · $2.0B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
282
Value held
$2.0B
New positions
33
Exited positions
45
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 33 (-22 vs prior Q) | 45 (+14 vs prior Q) | 93 (-5 vs prior Q) | 84 (+4 vs prior Q) | -547K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| PAULSON & CO. INC. | $671,529,927 | 32,347,299 | 34.31% | Shares |
| Toroso Investments, LLC | $143,929,297 | 5,945,035 | 7.35% | Shares |
| BlackRock, Inc. | $110,181,353 | 5,307,387 | 5.63% | Shares |
| VANGUARD GROUP INC | $76,447,191 | 3,157,670 | 3.91% | Shares |
| JPMORGAN CHASE & CO | $60,703,074 | 2,943,893 | 3.10% | Shares |
| Capital World Investors | $57,908,421 | 2,789,423 | 2.96% | Shares |
| VAN ECK ASSOCIATES CORP | $54,434,365 | 2,622,292 | 2.78% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $50,808,630 | 2,447,665 | 2.60% | Shares |
| SPROTT INC. | $43,029,221 | 2,072,699 | 2.20% | Shares |
| STATE STREET CORP | $35,145,123 | 1,692,925 | 1.80% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $34,019,412 | 1,638,700 | 1.74% | Call option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $27,496,620 | 1,324,500 | 1.40% | Put option |
| GEODE CAPITAL MANAGEMENT, LLC | $25,855,498 | 1,245,544 | 1.32% | Shares |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT | $24,635,892 | 1,186,700 | 1.26% | Shares |
| NORGES BANK | $23,656,748 | 1,140,754 | 1.21% | Shares |
| Alyeska Investment Group, L.P. | $22,823,710 | 1,099,408 | 1.17% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $18,919,917 | 911,364 | 0.97% | Shares |
| Amundi | $17,707,574 | 852,966 | 0.90% | Shares |
| CITADEL ADVISORS LLC | $17,658,352 | 850,595 | 0.90% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $17,107,142 | 824,115 | 0.87% | Shares |
| MORGAN STANLEY | $16,872,460 | 812,739 | 0.86% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $16,619,148 | 800,537 | 0.85% | Shares |
| TD Asset Management Inc | $16,223,178 | 781,815 | 0.83% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $15,128,191 | 729,520 | 0.77% | Shares |
| Empyrean Capital Partners, LP | $14,054,520 | 677,000 | 0.72% | Shares |
| Krilogy Financial LLC | $12,621,540 | 607,974 | 0.64% | Shares |
| GOLDMAN SACHS GROUP INC | $12,078,480 | 581,815 | 0.62% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $11,903,867 | 573,404 | 0.61% | Shares |
| NORTHERN TRUST CORP | $10,864,808 | 523,353 | 0.56% | Shares |
| BANK OF MONTREAL /CAN/ | $10,853,200 | 523,369 | 0.55% | Shares |
| ROYAL BANK OF CANADA | $10,110,000 | 486,940 | 0.52% | Shares |
| DEUTSCHE BANK AG\ | $8,905,313 | 428,965 | 0.45% | Shares |
| JANE STREET GROUP, LLC | $8,237,568 | 396,800 | 0.42% | Put option |
| CITADEL ADVISORS LLC | $8,204,352 | 395,200 | 0.42% | Put option |
| Brevan Howard Capital Management LP | $8,113,838 | 390,840 | 0.41% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $7,955,651 | 383,300 | 0.41% | Shares |
| JANE STREET GROUP, LLC | $7,866,005 | 378,902 | 0.40% | Shares |
| JANE STREET GROUP, LLC | $6,854,952 | 330,200 | 0.35% | Call option |
| MILLENNIUM MANAGEMENT LLC | $6,454,900 | 311,133 | 0.33% | Shares |
| Vanguard Global Advisers, LLC | $5,976,886 | 287,931 | 0.31% | Shares |
| NewGen Equity Long/Short Fund | $5,887,350 | 245,000 | 0.30% | Shares |
| HOHIMER WEALTH MANAGEMENT, LLC | $4,965,377 | 239,180 | 0.25% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $4,873,555 | 234,757 | 0.25% | Shares |
| Bank of New York Mellon Corp | $4,802,115 | 231,316 | 0.25% | Shares |
| PICTON MAHONEY ASSET MANAGEMENT | $4,784,662 | 230,475 | 0.24% | Shares |
| Caprock Group, LLC | $4,751,395 | 228,872 | 0.24% | Shares |
| PEAK6 LLC | $4,673,076 | 225,100 | 0.24% | Call option |
| Pekin Hardy Strauss, Inc. | $4,669,485 | 224,927 | 0.24% | Shares |
| Nuveen, LLC | $4,654,122 | 224,187 | 0.24% | Shares |
| WOLVERINE TRADING, LLC | $4,321,880 | 209,800 | 0.22% | Call option |
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| PAULSON & CO. INC. | June 16, 2025 | 31.20% | Amendment | · | SEC |
| PFR Gold Holdings, LP, Paulson Partners L.P., PFR Gold Fund, L.P., Paulson Advisers III LLC, Paulson & Co. Inc. | Aug. 27, 2021 | · | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 21 insiders · 11 officers · 11 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Jonathan Cherry | (3) President and CEO. | April 2, 2026 S | 44,895 | 0 | 2 | $-473,244 |
| Laurel Sayer | (3) President and Chief Executive Officer. | March 5, 2024 M | 78,706 | 0 | 0 | $0 |
| Mark E Murchison | (3) Chief Financial Officer. | Oct. 1, 2026 M | 8,000 | 0 | 0 | $0 |
| Jessica Marie Largent | (6) Chief Financial Officer. | March 5, 2025 M | 182,544 | 0 | 0 | $0 |
| Mckinsey Margaret Lyon | (5) Senior Vice President, External Affairs at Perpetua Resources Idaho, Inc., a wholly owned subsidiary of Perpetua Resources C | April 2, 2026 S | 142,329 | 0 | 5 | $-2,327,027 |
| Gregory A Fontaine | (3) General Counsel. | March 16, 2026 A | · | 0 | 0 | $0 |
| James Arthur Norine | (2) Senior Vice President, Projects at Perpetua Resources Idaho, Inc., a wholly owned subsidiary of Perpetua Resources Corp. | Feb. 11, 2026 A | · | 0 | 0 | $0 |
| Timothy Charles Kahl | (2) Senior Vice President, Technical Services at Perpetua Resources Idaho, Inc., a wholly owned subsidiary of Perpetua Resources | Feb. 11, 2026 A | · | 0 | 0 | $0 |
| Michael Stephen Wright | (2) VP, Projects at Perpetua Resources Idaho Inc., a wholly owned subsidiary of Perpetua Resources Corp. | Sept. 2, 2025 S | 14,195 | 0 | 0 | $0 |
| Michael L Bogert | (4) General Counsel at Perpetua Resources Idaho, Inc., a wholly owned subsidiary of Perpetua Resources Corp. | April 11, 2024 X | 25,479 | 0 | 0 | $0 |
| Tanya Dawn Nelson | (2) Corporate Secretary. | March 21, 2023 S | 4,497 | 0 | 0 | $0 |
| Andrew Phillip Cole | Director | Sept. 25, 2026 A | 9,450 | 0 | 0 | $0 |
| Richie Darrin Haddock | Director | Sept. 25, 2026 A | 5,780 | 0 | 0 | $0 |
| Alexander Mcleod Sternhell | Director | Sept. 25, 2026 A | 16,352 | 0 | 2 | $-356,192 |
| Robert Alan Dean | Director | Sept. 25, 2026 A | 22,302 | 0 | 4 | $-462,420 |
| Jeffrey L Malmen | Director | Sept. 25, 2026 A | 14,319 | 0 | 2 | $-401,018 |
| Laura Dove | Director | Feb. 11, 2026 A | · | 0 | 0 | $0 |
| Chris J Robison | Director | Feb. 11, 2026 A | 85,799 | 0 | 2 | $-360,669 |
| David Deisley | Director | June 30, 2023 A | 11,350 | 0 | 0 | $0 |
| PAULSON & CO. INC. | · | June 16, 2025 P | 32,347,299 | 0 | 0 | $0 |
| Alan Douglas Haslam | · | March 5, 2025 M | 118,017 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 23 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| GOEX · Global X Funds | 1.33% | 75,543 NS | July 31, 2026 | N-PORT |
| SLVP · iShares, Inc. | 0.44% | 183,942 SH | Sept. 11, 2026 | Daily |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.19% | 59,424 NS | July 31, 2026 | N-PORT |
| IWO · iShares Trust | 0.13% | 809,298 SH | Sept. 11, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.11% | 92,220 SH | Aug. 19, 2026 | Daily |
| VAW · VANGUARD WORLD FUND | 0.11% | 247,196 SH | Aug. 19, 2026 | Daily |
| FMAT · FIDELITY COVINGTON TRUST | 0.10% | 32,836 NS | July 31, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.07% | 3,352 NS | July 31, 2026 | N-PORT |
| VFMO · VANGUARD WELLINGTON FUND | 0.07% | 69,847 SH | Aug. 19, 2026 | Daily |
| IWM · iShares Trust | 0.07% | 2,201,690 SH | Sept. 11, 2026 | Daily |
| RSSL · Global X Funds | 0.05% | 41,085 NS | July 31, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.05% | 494,911 SH | Aug. 19, 2026 | Daily |
| ESML · iShares Trust | 0.05% | 57,506 SH | Sept. 11, 2026 | Daily |
| IGE · iShares Trust | 0.05% | 15,429 SH | Sept. 11, 2026 | Daily |
| VSS · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.04% | 315,053 SH | Aug. 19, 2026 | Daily |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.01% | 1,815 SH | Oct. 2, 2026 | Daily |
| WSML · iShares Trust | 0.01% | 3,468 SH | Sept. 11, 2026 | Daily |
| VEA · VANGUARD TAX-MANAGED FUNDS | 0.01% | 815,675 SH | Aug. 19, 2026 | Daily |
| VSGX · VANGUARD WORLD FUND | 0.01% | 17,233 SH | Aug. 19, 2026 | Daily |
| IWV · iShares Trust | 0.00% | 24,329 SH | Sept. 11, 2026 | Daily |
| VXUS · VANGUARD STAR FUNDS | 0.00% | 1,233,945 SH | Aug. 19, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 65,759 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 7,190 SH | Aug. 19, 2026 | Daily |
PPTA Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 11 analysts
BUY
Median target
$37.00
+81.6%
2 18.2%
Strong Buy
8 72.7%
Buy
1 9.1%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
5 analysts · 2026-10-02Mean target $36.90 +81.1%
← Below all targets
Current price $20.38
Low$30.00
Mean$36.90
High$43.50
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| PPTA | $3.01B | -22.4 | · | · | -14.6% | · |
| ARIS | · | 39.6 | · | · | 7.0% | · |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Source: SEC 10-Q filed Aug 14, 2026