Perpetua Resources (TSE:PPTA) Shares Up 6.1%

Shares of Perpetua Resources Corp. (TSE:PPTAGet Rating) shot up 6.1% during mid-day trading on Friday . The company traded as high as C$5.06 and last traded at C$5.06. 12,234 shares traded hands during trading, a decline of 20% from the average session volume of 15,273 shares. The stock had previously closed at C$4.77.

Perpetua Resources Stock Performance

The business has a 50-day moving average price of C$3.44 and a 200-day moving average price of C$3.29. The firm has a market capitalization of C$318.73 million and a price-to-earnings ratio of -6.07. The company has a quick ratio of 3.44, a current ratio of 3.55 and a debt-to-equity ratio of 0.10.

About Perpetua Resources

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Perpetua Resources Corp. engages in the mineral exploration activities in the United States. The company primarily explores for gold, silver, and antimony. Its principal asset is the 100% owned Stibnite gold project located in Valley County, Idaho. The company was formerly known as Midas Gold Corp. and changed its name to Perpetua Resources Corp.

Further Reading

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