Krilogy Financial LLC Acquires 161,550 Shares of Perpetua Resources Corp. (NASDAQ:PPTA)

Krilogy Financial LLC boosted its holdings in Perpetua Resources Corp. (NASDAQ:PPTA - Free Report) by 10.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,667,340 shares of the company's stock after acquiring an additional 161,550 shares during the quarter. Krilogy Financial LLC owned 2.60% of Perpetua Resources worth $5,285,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Barclays PLC increased its holdings in shares of Perpetua Resources by 18.0% in the third quarter. Barclays PLC now owns 45,742 shares of the company's stock worth $150,000 after purchasing an additional 6,972 shares during the period. IFP Advisors Inc boosted its holdings in shares of Perpetua Resources by 50.0% during the third quarter. IFP Advisors Inc now owns 30,000 shares of the company's stock worth $98,000 after purchasing an additional 10,000 shares during the period. B. Riley Financial Inc. lifted its holdings in Perpetua Resources by 19.3% in the third quarter. B. Riley Financial Inc. now owns 1,465,751 shares of the company's stock worth $4,778,000 after buying an additional 236,843 shares during the period. Prelude Capital Management LLC purchased a new stake in Perpetua Resources in the first quarter worth about $66,000. Finally, Dimensional Fund Advisors LP bought a new position in shares of Perpetua Resources during the first quarter valued at approximately $66,000. Institutional investors own 70.07% of the company's stock.

Insider Buying and Selling at Perpetua Resources

In other Perpetua Resources news, Director Chris J. Robison purchased 10,000 shares of the stock in a transaction dated Thursday, January 18th. The stock was purchased at an average price of $2.95 per share, with a total value of $29,500.00. Following the transaction, the director now owns 60,000 shares of the company's stock, valued at $177,000. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider L Michael Bogert sold 8,270 shares of the stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $4.15, for a total transaction of $34,320.50. Following the sale, the insider now directly owns 25,479 shares of the company's stock, valued at $105,737.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Chris J. Robison acquired 10,000 shares of the firm's stock in a transaction on Thursday, January 18th. The shares were bought at an average cost of $2.95 per share, for a total transaction of $29,500.00. Following the completion of the acquisition, the director now owns 60,000 shares of the company's stock, valued at $177,000. The disclosure for this purchase can be found here. 1.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on PPTA shares. Roth Mkm raised their price target on shares of Perpetua Resources from $7.25 to $10.00 and gave the company a "buy" rating in a research report on Tuesday. HC Wainwright lifted their price target on shares of Perpetua Resources from $10.00 to $10.50 and gave the stock a "buy" rating in a research note on Thursday, March 28th.

Perpetua Resources Price Performance

Shares of Perpetua Resources stock traded down $0.06 during trading hours on Wednesday, reaching $6.44. The company's stock had a trading volume of 361,443 shares, compared to its average volume of 179,627. The firm has a 50 day moving average price of $3.63 and a 200-day moving average price of $3.43. Perpetua Resources Corp. has a one year low of $2.63 and a one year high of $6.91. The stock has a market cap of $412.93 million, a P/E ratio of -22.10 and a beta of 0.40.

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.