Perpetua Resources (TSE:PPTA) Trading Up 3.2% - Here's Why

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

Perpetua Resources Price Performance

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 company has a market cap of C$1.11 billion, a P/E ratio of -48.29, a P/E/G ratio of -0.66 and a beta of 1.28. The stock has a 50-day simple moving average of C$19.69 and a 200 day simple moving average of C$17.41.

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.