Perpetua Resources Corp Stock Net Income
| PPTA Stock | CAD 36.32 1.64 4.32% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Perpetua Resources' long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | -14.5 M | -15.2 M | |
| Net Loss | -14.5 M | -15.2 M | |
| Net Loss | -14.5 M | -15.2 M | |
| Net Loss | (0.22) | (0.23) | |
| Net Income Per E B T | 0.90 | 0.79 |
Perpetua | Net Income |
Perpetua Resources Corp Company Net Income Analysis
Perpetua Resources' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Perpetua Resources Net Income | (14.48 M) |
Most of Perpetua Resources' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Perpetua Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Perpetua Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Perpetua Resources is extremely important. It helps to project a fair market value of Perpetua Stock properly, considering its historical fundamentals such as Net Income. Since Perpetua Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Perpetua Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Perpetua Resources' interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Perpetua Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Perpetua Resources Corp reported net income of (14.48 Million). This is 20.35% higher than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Canada stocks is 102.54% higher than that of the company.
Perpetua Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Perpetua Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Perpetua Resources could also be used in its relative valuation, which is a method of valuing Perpetua Resources by comparing valuation metrics of similar companies.Perpetua Resources is currently under evaluation in net income category among its peers.
Perpetua Fundamentals
| Return On Equity | -0.15 | ||||
| Return On Asset | -0.15 | ||||
| Current Valuation | 3.82 B | ||||
| Shares Outstanding | 122.01 M | ||||
| Shares Owned By Insiders | 6.91 % | ||||
| Shares Owned By Institutions | 66.22 % | ||||
| Number Of Shares Shorted | 901.58 K | ||||
| Price To Book | 6.09 X | ||||
| EBITDA | (51.5 K) | ||||
| Net Income | (14.48 M) | ||||
| Cash And Equivalents | 22.79 M | ||||
| Cash Per Share | 0.57 X | ||||
| Total Debt | 28.29 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 4.51 X | ||||
| Book Value Per Share | 6.77 X | ||||
| Cash Flow From Operations | (11.89 M) | ||||
| Short Ratio | 2.60 X | ||||
| Earnings Per Share | (0.73) X | ||||
| Price To Earnings To Growth | (0.57) X | ||||
| Target Price | 43.82 | ||||
| Number Of Employees | 36 | ||||
| Beta | 0.18 | ||||
| Market Capitalization | 4.43 B | ||||
| Total Asset | 117.61 M | ||||
| Retained Earnings | (595.18 M) | ||||
| Working Capital | 40.6 M | ||||
| Net Asset | 117.61 M |
About Perpetua Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Perpetua Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Perpetua Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Perpetua Resources Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Perpetua Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Perpetua Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Perpetua Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Perpetua Stock
| 0.81 | AG | First Majestic Silver | PairCorr |
| 0.8 | IE | Ivanhoe Energy | PairCorr |
| 0.71 | ORE | Orezone Gold Corp | PairCorr |
| 0.62 | FDY | Faraday Copper Corp | PairCorr |
Moving against Perpetua Stock
The ability to find closely correlated positions to Perpetua Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perpetua Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Perpetua Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Perpetua Resources Corp to buy it.
The correlation of Perpetua Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perpetua Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perpetua Resources Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Perpetua Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perpetua Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.