Nokomis Capital L.L.C. Has $662,000 Stock Position in Perpetua Resources Corp. (NASDAQ:PPTA)

Nokomis Capital L.L.C. lessened its holdings in shares of Perpetua Resources Corp. (NASDAQ:PPTA - Free Report) by 36.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 62,033 shares of the company's stock after selling 35,600 shares during the quarter. Nokomis Capital L.L.C. owned 0.09% of Perpetua Resources worth $662,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ancora Advisors LLC acquired a new position in shares of Perpetua Resources during the fourth quarter worth about $37,000. BNP Paribas Financial Markets acquired a new stake in Perpetua Resources in the fourth quarter valued at approximately $55,000. ExodusPoint Capital Management LP acquired a new stake in Perpetua Resources in the fourth quarter valued at approximately $140,000. Price T Rowe Associates Inc. MD grew its position in Perpetua Resources by 24.2% in 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 grew its position in Perpetua Resources by 24.0% in the fourth quarter. Lane & Associates LLC now owns 15,987 shares of the company's stock valued at $189,000 after acquiring an additional 3,095 shares in the last quarter. Institutional investors and hedge funds own 70.07% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PPTA. National Bank Financial raised shares of Perpetua Resources to a "strong-buy" rating in a research report on Friday, March 21st. HC Wainwright lowered their price objective on shares of Perpetua Resources from $28.00 to $27.50 and set a "buy" rating for the company in a research report on Tuesday, May 13th. Finally, National Bankshares reissued an "outperform" rating on shares of Perpetua Resources in a research report on Wednesday, April 2nd.

Insider Buying and Selling

In related news, Director Andrew Phillip Cole acquired 9,450 shares of the business's stock in a transaction on Monday, February 24th. The stock was bought at an average cost of $7.99 per share, with a total value of $75,505.50. Following the completion of the acquisition, the director now owns 9,450 shares in the company, valued at $75,505.50. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert Alan Dean acquired 5,000 shares of the company's stock in a transaction on Friday, February 21st. The shares were purchased at an average cost of $8.32 per share, with a total value of $41,600.00. Following the completion of the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $83,200. The trade was a 100.00% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 20,230 shares of company stock valued at $166,582 and sold 59,610 shares valued at $606,423. 1.50% of the stock is owned by company insiders.

Perpetua Resources Price Performance

Shares of NASDAQ:PPTA traded up $1.07 on Monday, reaching $13.01. 457,536 shares of the company traded hands, compared to its average volume of 661,646. The company's 50 day moving average is $12.14 and its 200-day moving average is $11.19. The stock has a market capitalization of $927.07 million, a PE ratio of -59.04 and a beta of 0.06. Perpetua Resources Corp. has a fifty-two week low of $5.01 and a fifty-two week high of $15.44.

Perpetua Resources (NASDAQ:PPTA - Get Free Report) last issued its earnings results on Friday, May 9th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.07). As a group, analysts expect that Perpetua Resources Corp. will post -0.21 EPS for the current year.

About Perpetua Resources

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.