Perpetua Resources (TSE:PPTA) Reaches New 52-Week High - Time to Buy?

Perpetua Resources Corp. (TSE:PPTA - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$23.45 and last traded at C$23.15, with a volume of 245519 shares changing hands. The stock had previously closed at C$20.48.

Perpetua Resources Price Performance

The stock has a market cap of C$1.16 billion, a PE ratio of -50.51, a P/E/G ratio of -0.66 and a beta of 1.28. The firm's fifty day moving average price is C$18.16 and its 200 day moving average price is C$16.39. The company has a quick ratio of 3.44, a current ratio of 2.31 and a debt-to-equity ratio of 0.06.

Insider Transactions at Perpetua Resources

In other Perpetua Resources news, Director Chris Dail sold 16,227 shares of the stock in a transaction dated 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 Michael Stephen Wright sold 6,500 shares of the company's stock in a transaction on Thursday, April 24th. The stock was sold at an average price of C$19.25, for a total value of C$125,134.75. Company insiders own 0.43% of the company's stock.

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.