Perpetua Resources (TSE:PPTA) Hits New 52-Week High – Here’s What Happened

Perpetua Resources Corp. (TSE:PPTA)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as C$15.15 and last traded at C$14.98, with a volume of 151051 shares changing hands. The stock had previously closed at C$12.85.

Wall Street Analyst Weigh In

Separately, National Bankshares set a C$19.00 price target on shares of Perpetua Resources and gave the company an “outperform” rating in a research report on Friday, September 6th.

Perpetua Resources Stock Performance

The company has a quick ratio of 3.44, a current ratio of 1.53 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of C$967.06 million, a P/E ratio of -51.62, a P/E/G ratio of -0.66 and a beta of 1.28. The business has a fifty day moving average price of C$12.94 and a 200-day moving average price of C$10.31.

Insiders Place Their Bets

In other Perpetua Resources news, Director Chris Dail sold 8,000 shares of Perpetua Resources stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of C$11.44, for a total value of C$91,498.62. 0.43% of the stock is owned by insiders.

Perpetua Resources Company Profile

Perpetua Resources Corp. engages in the exploration and development of mineral properties in the United States. The company primarily explores for gold, silver, and antimony deposits. Its principal asset is the 100% owned Stibnite Gold project, which includes 1,672 unpatented lode claims, mill sites, and patented land holdings covering an area of approximately 11,548 hectares located in Valley County, Idaho.