MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Buys 39,219 Shares of Perpetua Resources Corp. (NASDAQ:PPTA)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Perpetua Resources Corp. (NASDAQ:PPTA - Free Report) by 186.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,278 shares of the company's stock after acquiring an additional 39,219 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.09% of Perpetua Resources worth $644,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ancora Advisors LLC purchased a new stake in shares of Perpetua Resources during the fourth quarter worth about $37,000. BNP Paribas Financial Markets bought a new position in Perpetua Resources in the 4th quarter worth approximately $55,000. ExodusPoint Capital Management LP purchased a new stake in Perpetua Resources during the 4th quarter valued at approximately $140,000. Price T Rowe Associates Inc. MD grew its stake in Perpetua Resources by 24.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 15,722 shares of the company's stock valued at $168,000 after acquiring an additional 3,067 shares in the last quarter. Finally, Lane & Associates LLC lifted its stake in Perpetua Resources by 24.0% in the 4th quarter. Lane & Associates LLC now owns 15,987 shares of the company's stock worth $189,000 after purchasing an additional 3,095 shares in the last quarter. Institutional investors own 70.07% of the company's stock.

Insider Activity at Perpetua Resources

In related news, insider Michael Stephen Wright sold 6,500 shares of the stock in a transaction dated Thursday, April 24th. The shares were sold at an average price of $13.85, for a total value of $90,025.00. Following the sale, the insider now directly owns 14,195 shares of the company's stock, valued at $196,600.75. This represents a 31.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Mckinsey Margaret Lyon sold 20,000 shares of the business's stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of $11.00, for a total value of $220,000.00. Following the transaction, the insider now owns 89,154 shares of the company's stock, valued at $980,694. This trade represents a 18.32% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 49,210 shares of company stock worth $510,327. Company insiders own 1.50% of the company's stock.

Perpetua Resources Stock Performance

PPTA stock traded up $0.13 during trading on Friday, hitting $13.81. 777,815 shares of the company's stock traded hands, compared to its average volume of 688,288. Perpetua Resources Corp. has a 52 week low of $5.01 and a 52 week high of $15.44. The stock has a market capitalization of $984.46 million, a price-to-earnings ratio of -62.77 and a beta of 0.06. The business has a fifty day simple moving average of $12.75 and a 200 day simple moving average of $11.45.

Perpetua Resources (NASDAQ:PPTA - Get Free Report) last announced its earnings results on Friday, May 9th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.07). Research analysts forecast that Perpetua Resources Corp. will post -0.21 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. HC Wainwright cut their price objective on Perpetua Resources from $28.00 to $27.50 and set a "buy" rating for the company in a research report on Tuesday, May 13th. National Bank Financial raised Perpetua Resources to a "strong-buy" rating in a research note on Friday, March 21st. Finally, National Bankshares reaffirmed an "outperform" rating on shares of Perpetua Resources in a research note on Wednesday, April 2nd.

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.