Perpetua Resources (TSE:PPTA) Reaches New 1-Year High – Still a Buy?

Perpetua Resources Corp. (TSE:PPTA)’s share price reached a new 52-week high on Tuesday . The stock traded as high as C$14.80 and last traded at C$14.76, with a volume of 28032 shares. The stock had previously closed at C$14.42.

Analyst Ratings Changes

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

Perpetua Resources Price Performance

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 firm has a market cap of C$911.51 million, a price-to-earnings ratio of -48.66, a P/E/G ratio of -0.66 and a beta of 1.28. The company has a 50 day moving average of C$12.30 and a 200 day moving average of C$9.70.

Insiders Place Their Bets

In other Perpetua Resources news, Director Chris Dail sold 8,000 shares of Perpetua Resources stock in a transaction 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. Corporate insiders own 0.43% of the company’s stock.

About Perpetua Resources

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.