Perpetua Resources (TSE:PPTA) Hits New 52-Week High – Time to Buy?

Posted by Steven Smith on Dec 3rd, 2024

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

Analyst Ratings Changes

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

Read Our Latest Research Report on PPTA

Perpetua Resources Stock Up 17.3 %

The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.44 and a current ratio of 1.53. The business has a 50 day simple moving average of C$13.30 and a 200-day simple moving average of C$10.82. The firm has a market capitalization of C$961.25 million, a price-to-earnings ratio of -48.83, a P/E/G ratio of -0.66 and a beta of 1.28.

Insider Buying and Selling

In other news, Director Chris Dail sold 8,000 shares of the company’s stock in a transaction 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 owned by company insiders.

About Perpetua Resources

(Get Free Report)

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.