Perpetua Resources (TSE:PPTA) Trading 3.2% Higher - Should You Buy?

Perpetua Resources Corp. (TSE:PPTA - Get Free Report) shares shot up 3.2% on Tuesday . The company traded as high as C$24.55 and last traded at C$24.22. 301,118 shares were traded during mid-day trading, an increase of 96% from the average session volume of 153,725 shares. The stock had previously closed at C$23.46.

Perpetua Resources Trading Up 3.2%

The business has a 50-day moving average of C$19.03 and a 200 day moving average of C$17.21. The stock has a market cap of C$1.21 billion, a PE ratio of -52.62, a PEG ratio of -0.66 and a beta of 1.28. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.44 and a current ratio of 2.31.

Insider Activity

In other Perpetua Resources news, Director Michael Stephen Wright sold 6,500 shares of the stock in a transaction that occurred on Thursday, April 24th. The shares were sold at an average price of C$19.25, for a total value of C$125,134.75. 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.

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