Perpetua Resources (TSE:PPTA) Trading Down 5.6% – Here’s What Happened

Posted by ABMN Staff on Dec 31st, 2024

Perpetua Resources Corp. (TSE:PPTA – Get Free Report)’s share price traded down 5.6% during mid-day trading on Monday . The company traded as low as C$15.19 and last traded at C$15.21. 50,829 shares traded hands during trading, an increase of 20% from the average session volume of 42,415 shares. The stock had previously closed at C$16.12.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Analysis on PPTA

Perpetua Resources Stock Down 5.6 %

The firm has a 50-day moving average of C$14.82 and a two-hundred day moving average of C$11.94. The firm has a market cap of C$982.57 million, a price-to-earnings ratio of -52.45, a PEG ratio of -0.66 and a beta of 1.28. The company has a current ratio of 1.53, a quick ratio of 3.44 and a debt-to-equity ratio of 0.09.

About Perpetua Resources

(Get Free Report)

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.