Perpetua Resources (TSE:PPTA) Sets New 1-Year High – Time to Buy?

Perpetua Resources Corp. (TSE:PPTA)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as C$15.15 and last traded at C$14.98, with a volume of 151051 shares. The stock had previously closed at C$12.85.

Analyst Upgrades and Downgrades

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

Perpetua Resources Stock Performance

The company has a quick ratio of 3.44, a current ratio of 1.53 and a debt-to-equity ratio of 0.09. The company has a market cap of C$967.06 million, a P/E ratio of -48.28, a PEG ratio of -0.66 and a beta of 1.28. The firm has a 50 day moving average of C$12.87 and a 200-day moving average of C$10.26.

Insider Activity

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.