Alan Douglas Haslam Sells 10,400 Shares of Perpetua Resources Corp. (NASDAQ:PPTA) Stock

Perpetua Resources Corp. (NASDAQ:PPTA) insider Alan Douglas Haslam sold 10,400 shares of the firm’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $9.24, for a total value of $96,096.00. Following the transaction, the insider now directly owns 65,763 shares of the company’s stock, valued at $607,650.12. The trade was a 13.65 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Perpetua Resources Price Performance

Shares of Perpetua Resources stock opened at $8.35 on Friday. The business has a 50-day moving average price of $11.48 and a 200 day moving average price of $10.04. Perpetua Resources Corp. has a fifty-two week low of $2.69 and a fifty-two week high of $13.23.

Hedge Funds Weigh In On Perpetua Resources

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ancora Advisors LLC acquired a new position in Perpetua Resources in the fourth quarter valued at approximately $37,000. Continuum Advisory LLC boosted its stake in Perpetua Resources by 500.0% in the third quarter. Continuum Advisory LLC now owns 4,800 shares of the company’s stock valued at $44,000 after acquiring an additional 4,000 shares during the period. BNP Paribas Financial Markets acquired a new position in Perpetua Resources in the fourth quarter valued at approximately $55,000. Intech Investment Management LLC acquired a new position in Perpetua Resources in the third quarter valued at approximately $98,000. Finally, ProShare Advisors LLC acquired a new position in Perpetua Resources in the fourth quarter valued at approximately $116,000. 70.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PPTA has been the topic of a number of research analyst reports. Roth Mkm lifted their target price on Perpetua Resources from $15.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. HC Wainwright lifted their target price on Perpetua Resources from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th.

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.