Perpetua Resources (TSE:PPTA) Shares Down 17.4% – Time to Sell?

Shares of Perpetua Resources Corp. (TSE:PPTAGet Free Report) were down 17.4% during mid-day trading on Friday . The stock traded as low as C$13.91 and last traded at C$14.01. Approximately 144,153 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 87,713 shares. The stock had previously closed at C$16.97.

Perpetua Resources Stock Down 22.6 %

The stock has a 50-day moving average of C$16.91 and a 200 day moving average of C$13.95. The company has a market capitalization of C$655.83 million, a PE ratio of -28.52, a P/E/G ratio of -0.66 and a beta of 1.28. The company has a quick ratio of 3.44, a current ratio of 2.31 and a debt-to-equity ratio of 0.06.

Perpetua Resources Company Profile

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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.

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