Perpetua Resources (TSE:PPTA) Reaches New 1-Year High – What’s Next?

Perpetua Resources Corp. (TSE:PPTA)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$15.29 and last traded at C$14.78, with a volume of 202137 shares. The stock had previously closed at C$12.69.

Analyst Ratings Changes

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 Trading Up 17.3 %

The company has a current ratio of 1.53, a quick ratio of 3.44 and a debt-to-equity ratio of 0.09. The company has a market cap of C$961.25 million, a PE ratio of -48.83, a P/E/G ratio of -0.66 and a beta of 1.28. The company has a fifty day simple moving average of C$13.30 and a two-hundred day simple moving average of C$10.82.

Insider Buying and Selling

In other Perpetua Resources news, Director Chris Dail sold 8,000 shares of the 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. Insiders own 0.43% of the company’s stock.

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.