Perpetua Resources (TSE:PPTA) Sets New 52-Week High - Here's Why

Key Points

• Perpetua Resources Corp. (TSE:PPTA) stock reached a new 52-week high at C$33.65, closing at C$33.45 with a trading volume of 409,141 shares.
• The company focuses on the exploration and redevelopment of gold-antimony-silver deposits in Idaho, particularly through the Stibnite Gold Project.
• Perpetua Resources has a market cap of C$3.53 billion and a low debt-to-equity ratio of 0.06, indicating a strong financial position.

Perpetua Resources Corp. (TSE:PPTA - )'s stock price reached a new 52-week high on Monday . The stock traded as high as C$33.65 and last traded at C$33.45, with a volume of 409141 shares trading hands. The stock had previously closed at C$30.45.

Perpetua Resources Stock Performance

The stock has a market cap of C$3.53 billion, a P/E ratio of -106.00, a price-to-earnings-growth ratio of -0.66 and a beta of -0.41. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.31 and a quick ratio of 3.44. The stock's 50 day simple moving average is C$24.96 and its two-hundred day simple moving average is C$20.88.

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.

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