Perpetua Resources (TSE:PPTA) Trading 2.1% Higher – Still a Buy?

Perpetua Resources Corp. (TSE:PPTA)’s share price traded up 2.1% on Friday . The company traded as high as C$37.23 and last traded at C$36.56. 249,463 shares traded hands during trading, an increase of 3% from the average session volume of 242,928 shares. The stock had previously closed at C$35.81.

Perpetua Resources Trading Up 2.1%

The company has a debt-to-equity ratio of 0.06, a current ratio of 2.31 and a quick ratio of 3.44. The stock has a market cap of C$4.46 billion, a P/E ratio of -68.98, a PEG ratio of -0.66 and a beta of -0.51. The firm’s fifty day moving average price is C$32.49 and its two-hundred day moving average price is C$25.23.

Perpetua Resources (TSE:PPTA) last announced its earnings results on Friday, November 14th. The company reported C$0.24 earnings per share (EPS) for the quarter. As a group, equities research analysts forecast that Perpetua Resources Corp. will post -0.69 EPS for the current year.

Insider Transactions at Perpetua Resources

In other news, Director Jonathan Cherry sold 14,911 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of C$32.81, for a total value of C$489,229.91. Following the completion of the transaction, the director owned 36,249 shares in the company, valued at C$1,189,329.69. This trade represents a 29.15% decrease in their position. Insiders own 0.43% of the company’s stock.

About Perpetua Resources

Perpetua Resources Corp is focused on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Project. The Project is one of the highest-grade, open-pit gold deposits in the United States and is designed to apply a modern, responsible mining approach to restore an abandoned mine site and produce both gold and the only mined source of antimony in the United States.