Perpetua Resources (TSE:PPTA) Hits New 1-Year High – Here’s Why

Perpetua Resources Corp. (TSE:PPTA)’s share price reached a new 52-week high during trading on Monday . The company traded as high as C$18.65 and last traded at C$17.48, with a volume of 130149 shares. The stock had previously closed at C$17.34.

Analyst Upgrades and Downgrades

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

Perpetua Resources Price Performance

The company has a debt-to-equity ratio of 0.09, a current ratio of 1.53 and a quick ratio of 3.44. The stock has a market cap of C$1.11 billion, a price-to-earnings ratio of -59.79, a P/E/G ratio of -0.66 and a beta of 1.28. The stock has a fifty day moving average of C$13.56 and a 200 day moving average of C$11.04.

Insider Buying and Selling at Perpetua Resources

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

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.