Perpetua Resources (TSE:PPTA) Reaches New 1-Year High - Still a Buy?

Key Points

• Perpetua Resources Corp. shares reached a new 52-week high of C$24.63, last trading at C$24.39, with a trading volume of 21,243 shares.
• The company, which has a market cap of C$1.17 billion, is focused on mining gold, antimony, and silver in Idaho, particularly through the Stibnite Gold Project.
• Perpetua Resources showcases strong liquidity with a quick ratio of 3.44 and a low debt-to-equity ratio of 0.06.

Perpetua Resources Corp. (TSE:PPTA - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$24.63 and last traded at C$24.39, with a volume of 21243 shares. The stock had previously closed at C$23.74.

Perpetua Resources Price Performance

The company has a quick ratio of 3.44, a current ratio of 2.31 and a debt-to-equity ratio of 0.06. The stock has a market cap of C$1.20 billion, a price-to-earnings ratio of -52.05, a price-to-earnings-growth ratio of -0.66 and a beta of 1.28. The company's 50-day moving average is C$20.40 and its 200-day moving average is C$17.80.

Perpetua Resources Company Profile

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.