Jeffrey Malmen Adds Perpetua Resources Shares
Insider Jeffrey Malmen acquired 828 shares of Perpetua Resources at $21.12 per share.
Key Points
- Jeffrey Malmen purchased 828 shares of Perpetua Resources at $21.12 each, totaling $17,487, on June 25, 2026.
- Perpetua Resources has a market cap of about $2.67 billion and a 52-week range between $11.68 and $37.37.
- Analysts from HC Wainwright & Co. and B. Riley Securities maintain a 'buy' rating with targets up to $43.5.
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Insider Jeffrey Malmen recently acquired 828 shares of Perpetua Resources Corp. (NasdaqCM: PPTA) at an average price of $21.12 per share. This purchase, made on June 25, 2026, is valued at approximately $17,487.
Other Institutional Activity in Perpetua Resources
Institutional activity in Perpetua Resources has seen some notable changes. Paulson & Co. Inc. maintained its position with 32,347,299 shares, valued at around $909.6 million. Meanwhile, Tidal Investments LLC reduced its holdings by 584,951 shares, leaving it with 5,360,084 shares worth about $150.7 million, a 9.8% decrease. BlackRock, Inc. increased its holdings slightly by 59,550 shares, resulting in 5,289,172 shares valued at $148.7 million, a 1.1% increase. JPMorgan Chase & Co also grew its position by 55,875 shares, ending with 2,966,708 shares worth approximately $75.1 million, a 1.9% increase. On the other hand, Van Eck Associates Corp reduced its shares by 222,054, now holding 2,703,618 shares valued at $76.0 million, a 7.6% decrease.
Perpetua Resources Corp. Stock Down 15.0%
Shares of Perpetua Resources (NasdaqCM: PPTA) traded near $21.20 on Saturday. The company has a market cap of about $2.67 billion. It is not currently profitable, reflected in its negative forward P/E ratio of -213.4. The stock's 52-week range spans from $11.68 to $37.37, with a 50-day moving average of $26.78 and a 200-day moving average of $26.68. Perpetua Resources has a solid current ratio of 20.4 and a quick ratio of 19.6, with a debt-to-equity ratio of 0.437.
$PPTA stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Perpetua Resources Corp.
Several insiders have been active in buying shares of Perpetua Resources. Besides Jeffrey Malmen, Alexander Mcleod Sternhell, Robert Alan Dean, Richie Darrin Haddock, and Andrew Phillip Cole each purchased 828 shares at $21.12 on June 25, 2026. Jonathan Cherry, the CEO, sold 4,079 shares at $29.31 on April 2, 2026.
Analysts Set New Price Targets
On May 26, 2026, HC Wainwright & Co. maintained its 'buy' rating on Perpetua Resources with a price target of $43.5. B. Riley Securities also kept a 'buy' rating, setting a target of $40.0 on March 18, 2026. The consensus among analysts is a 'buy' recommendation, with an average target price of $38.9 based on five analyst opinions.
About Perpetua Resources Corp.
Perpetua Resources Corp., based in Boise, Idaho, is a development-stage mining company focused on acquiring and exploring mining properties in the U.S. Its main project, the Stibnite Gold project, is located in Valley County, Idaho, and covers over 11,500 hectares. The company, which explores gold, silver, and antimony, was previously known as Midas Gold Corp. and rebranded in February 2021. Led by CEO Jonathan Cherry, Perpetua employs around 47 people.
Bottom Line
Jeffrey Malmen's recent purchase of Perpetua Resources shares is part of broader insider activity. Investors often monitor insider transactions for potential insights into company prospects. Institutional changes and analyst ratings also provide a look at market sentiment. Keep in mind that insider and institutional data are backward-looking and may not reflect current positions.
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