Perpetua Resources Corp. (NASDAQ:PPTA) Stock Holdings Boosted by Barclays PLC

Barclays PLC raised its position in Perpetua Resources Corp. (NASDAQ:PPTA) by 63.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 74,119 shares of the company’s stock after acquiring an additional 28,746 shares during the quarter. Barclays PLC’s holdings in Perpetua Resources were worth $694,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake in Perpetua Resources by 4.3% during the third quarter. Jane Street Group LLC now owns 63,527 shares of the company’s stock valued at $597,000 after buying an additional 2,605 shares in the last quarter. Continuum Advisory LLC raised its holdings in shares of Perpetua Resources by 500.0% during 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. Intech Investment Management LLC purchased a new stake in shares of Perpetua Resources in the third quarter valued at $98,000. Quantbot Technologies LP purchased a new position in Perpetua Resources during the 3rd quarter valued at about $123,000. Finally, SG Americas Securities LLC acquired a new position in Perpetua Resources in the 3rd quarter valued at approximately $125,000. Institutional investors and hedge funds own 70.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PPTA. National Bank Financial began coverage on Perpetua Resources in a research note on Friday, September 6th. They issued an “outperform” rating on the stock. HC Wainwright upped their target price on Perpetua Resources from $13.25 to $22.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Finally, Roth Mkm reissued a “buy” rating and set a $15.00 price objective on shares of Perpetua Resources in a research report on Thursday, December 12th.

Insider Buying and Selling at Perpetua Resources

In other Perpetua Resources news, insider Alan Douglas Haslam sold 40,000 shares of the firm’s stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $10.07, for a total value of $402,800.00. Following the completion of the sale, the insider now owns 65,571 shares in the company, valued at approximately $660,299.97. This trade represents a 37.89 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.90% of the company’s stock.

Perpetua Resources Stock Performance

NASDAQ:PPTA opened at $10.67 on Thursday. Perpetua Resources Corp. has a 52 week low of $2.69 and a 52 week high of $13.18. The company has a market capitalization of $748.75 million, a price-to-earnings ratio of -48.50 and a beta of 0.22. The company has a 50-day moving average of $10.51 and a 200-day moving average of $8.65.

Perpetua Resources 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.