Stock fact sheet · data as of
Perpetua Resources Corp. (PPTA): fair value, margin of safety and Wheel Score
Ticker symbol PPTA · Basic Materials · Other Precious Metals · United States · Speculative
Is PPTA undervalued?
Perpetua Resources Corp. (PPTA) closed at 16.35 on 5 Nov 2026, 97% above the GLS average fair value of 8.32. 1 of the 1 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
The average is built from just 1 models (DCF) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files PPTA under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for PPTA
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 8.32 | -49% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 6.07 | -63% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 43.50 | +166% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Perpetua Resources Corp. scores only 1 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 1.5/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -11.7%, ROE -11.7%, ROA -11.4% - with debt at 0.00 times equity and negative free cash flow.
Perpetua Resources Corp. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 8/10, insider activity 2/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 1 / 9 | ROIC | -11.7% |
|---|---|---|---|
| GLS Moat | 1.5 / 10 | ROE | -11.7% |
| Debt / equity | 0.00 | ROA | -11.4% |
| Free-cash-flow yield | -11.6% | Payout ratio | 0% |
| Institutions | 8 / 10 | Insiders · Congress | 2 · 5 / 10 |
Wheel Score 18: Weak
With a Wheel Score of 18 Perpetua Resources Corp. sits in the Weak band. It fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades 97% above our fair value; and filter 4, financially healthy - Piotroski 1/9 (under 6); and filter 6, no serious red flags - Red Flags score 35 (under 60); and filter 7, a premium worth selling - implied volatility 81% (over 80%); Value (weak) is its weakest part.
Implied volatility is 81%, above the 80% ceiling of the Wheel Trade Filter on premium. The premium looks generous, but moves of that size can blow through any strike. Chain open interest is 23,603 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 5.0M shares a day on a market cap of $2.0B, with a beta of 0.69 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades 97% above our fair value |
| 4 | Financially healthy | Fails | Piotroski 1/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Fails | Red Flags score 35 (under 60) |
| 7 | A premium worth selling | Fails | implied volatility 81% (over 80%) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 97% above fair value | |
| Premium | Fair | implied volatility 81% | |
| Moat | Weak | moat 1.5/10 | |
| Health | Weak | Piotroski 1/9 | |
| Red Flags | Weak | Red Flags score 35/100 | |
| Option trading | Fair | 845 contracts a day, 23,603 open interest | |
| Stability | Fair | beta 0.69, $2.0B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Perpetua Resources Corp. reports earnings on 13 Nov 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Other Precious Metals
The 12 companies below are the closest to Perpetua Resources Corp. by market cap within the Other Precious Metals industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| SIND Sinda Ltd. | 11.97 | 0.0539 | -22101% | 12No options | $1.9B |
| SSMR Sunshine Silver Mining & Refining Company | 12.71 | 0.1873 | -6687% | 21Weak | $1.8B |
| SLSR Solaris Resources Inc | 7.27 | 1.17 | -519% | 18Weak | $1.2B |
| TMC TMC the metals company inc. | 2.31 | 0.2076 | -1013% | 14Weak | $1.0B |
| MUX McEwen Mining Inc. | 14.93 | 38.08 | +61% | 42Weak | $892M |
| OICT Oicintra, Inc. | 11.25 | - | - | 16No options | $5.1B |
| ASM Avino Silver & Gold Mines Ltd. | 4.74 | 5.18 | +9% | 28Weak | $805M |
| MTA Metalla Royalty & Streaming Ltd. | 7.88 | 0.8525 | -824% | 26Weak | $737M |
| SCZM Santacruz Silver Mining Ltd. | 7.69 | 14.63 | +47% | 31No options | $715M |
| TFPM Triple Flag Precious Metals Corp. | 30.14 | 36.08 | +16% | 70Good | $6.2B |
| SBSW Sibanye Stillwater Limited | 9.38 | 17.22 | +46% | 86Prime | $6.6B |
| BVN Compañía de Minas Buenaventura S.A.A. | 28.80 | 84.55 | +66% | 82Good | $7.3B |
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about PPTA
Is PPTA undervalued right now?
No: at 16.35 the stock trades 97% above the GLS average fair value of 8.32 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of PPTA and what does it mean?
PPTA scores 18 out of 100 (Weak) - it fails Wheel Trade Filters 2, 3, 4, 6, 7. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for PPTA?
8.32 per share as of 5 Nov 2026 - the simple average of the 1 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Perpetua Resources Corp. report earnings next?
The next earnings report is due on 13 Nov 2026 (before the open), 8 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does PPTA have listed options, and how liquid are they?
Yes. The nightly snapshot found 48 listed contracts with 23,603 open interest across all expiries and implied volatility of 81% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.