Perpetua Resources (TSE:PPTA) Trading Up 1.3% – Here’s What Happened

Perpetua Resources Corp. (TSE:PPTA)’s stock price shot up 1.3% on Friday . The stock traded as high as C$34.04 and last traded at C$33.66. 108,044 shares traded hands during trading, a decline of 58% from the average session volume of 254,335 shares. The stock had previously closed at C$33.23.

Perpetua Resources Stock Up 1.3%

The firm has a 50-day simple moving average of C$34.34 and a 200 day simple moving average of C$28.06. 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 company has a market capitalization of C$4.11 billion, a PE ratio of -63.51, a price-to-earnings-growth ratio of -0.66 and a beta of -0.32.

Perpetua Resources (TSE:PPTA) last issued its earnings results on Friday, November 14th. The company reported C$0.24 earnings per share for the quarter. On average, research analysts predict that Perpetua Resources Corp. will post -0.69 EPS for the current fiscal year.

Insider Transactions at Perpetua Resources

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

Perpetua Resources Company Profile

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.