Perpetua Resources (TSE:PPTA) Stock Price Down 2.4% - What's Next?

Key Points

• Perpetua Resources Corp. shares experienced a decline of 2.4%, with trading prices ranging from C$22.95 to C$23.38 during mid-day trading.
• The company's market capitalization stands at C$1.17 billion, with a debt-to-equity ratio of 0.06 and a current ratio of 2.31.
• Perpetua Resources is focused on the exploration and redevelopment of one of the highest-grade gold deposits in the U.S., located in the Stibnite-Yellow Pine district of Idaho.

Perpetua Resources Corp. (TSE:PPTA - ) shares were down 2.4% during mid-day trading on Wednesday . The stock traded as low as C$22.95 and last traded at C$23.38. Approximately 145,555 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 157,669 shares. The stock had previously closed at C$23.95.

Perpetua Resources Trading Down 2.4%

The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.44 and a current ratio of 2.31. The stock has a market capitalization of C$1.17 billion, a price-to-earnings ratio of -50.79, a price-to-earnings-growth ratio of -0.66 and a beta of 1.28. The business has a fifty day simple moving average of C$20.40 and a 200 day simple moving average of C$17.88.

About Perpetua Resources

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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