Perpetua Resources (TSE:PPTA) Stock Price Up 7.6% – What’s Next?

Perpetua Resources Corp. (TSE:PPTA)’s stock price shot up 7.6% on Monday . The stock traded as high as C$20.55 and last traded at C$20.48. 110,591 shares were traded during mid-day trading, a decline of 7% from the average session volume of 119,508 shares. The stock had previously closed at C$19.04.

Perpetua Resources Stock Up 7.6%

The firm’s 50 day moving average price is C$17.85 and its two-hundred day moving average price is C$16.29. The company has a market cap of C$1.02 billion, a P/E ratio of -44.49, a price-to-earnings-growth ratio of -0.66 and a beta of 1.28. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.44 and a current ratio of 2.31.

Insider Activity

In other Perpetua Resources news, Director Chris Dail sold 16,227 shares of Perpetua Resources stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of C$15.34, for a total transaction of C$248,958.04. Also, Director Jessica Largent sold 3,595 shares of Perpetua Resources stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of C$12.70, for a total transaction of C$45,659.38. Insiders sold 26,322 shares of company stock worth $419,752 in the last quarter. 0.43% of the stock is owned by corporate insiders.

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.