64,726 Shares in Perpetua Resources Corp. (NASDAQ:PPTA) Acquired by Dauntless Investment Group LLC

Dauntless Investment Group LLC purchased a new stake in shares of Perpetua Resources Corp. (NASDAQ:PPTA - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 64,726 shares of the company's stock, valued at approximately $691,000. Perpetua Resources makes up 0.7% of Dauntless Investment Group LLC's investment portfolio, making the stock its 12th largest position. Dauntless Investment Group LLC owned approximately 0.09% of Perpetua Resources at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can boosted its stake in shares of Perpetua Resources by 1.6% in the 4th quarter. Bank of Montreal Can now owns 67,594 shares of the company's stock valued at $721,000 after purchasing an additional 1,054 shares in the last quarter. Geode Capital Management LLC boosted its position in Perpetua Resources by 0.5% during the third quarter. Geode Capital Management LLC now owns 484,829 shares of the company's stock valued at $4,533,000 after buying an additional 2,252 shares during the period. Jane Street Group LLC grew its stake in shares of Perpetua Resources by 4.3% during the third quarter. Jane Street Group LLC now owns 63,527 shares of the company's stock valued at $597,000 after buying an additional 2,605 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Perpetua Resources by 24.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 15,722 shares of the company's stock worth $168,000 after buying an additional 3,067 shares during the period. Finally, Lane & Associates LLC increased its holdings in shares of Perpetua Resources by 24.0% in the fourth quarter. Lane & Associates LLC now owns 15,987 shares of the company's stock worth $189,000 after buying an additional 3,095 shares during the period. Institutional investors own 70.07% of the company's stock.

Perpetua Resources Stock Up 0.9 %

Perpetua Resources stock traded up $0.13 during trading hours on Monday, hitting $14.42. The stock had a trading volume of 776,249 shares, compared to its average volume of 600,533. The stock has a market capitalization of $1.03 billion, a P/E ratio of -65.55 and a beta of 0.12. Perpetua Resources Corp. has a 12-month low of $4.96 and a 12-month high of $14.75. The stock's 50-day moving average price is $10.60 and its 200-day moving average price is $10.80.

Perpetua Resources (NASDAQ:PPTA - Get Free Report) last announced its earnings results on Wednesday, March 19th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.03. On average, research analysts expect that Perpetua Resources Corp. will post -0.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on PPTA shares. HC Wainwright raised their price target on Perpetua Resources from $25.00 to $28.00 and gave the stock a "buy" rating in a research report on Friday, March 21st. National Bankshares reaffirmed an "outperform" rating on shares of Perpetua Resources in a research note on Wednesday, April 2nd. National Bank Financial raised shares of Perpetua Resources to a "strong-buy" rating in a research report on Friday, March 21st. Finally, Roth Mkm boosted their price objective on shares of Perpetua Resources from $15.00 to $19.00 and gave the company a "buy" rating in a research report on Tuesday, January 7th.

Insider Buying and Selling

In related news, insider 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 $13.85, for a total value of $90,025.00. Following the completion of the sale, the insider now directly owns 14,195 shares of the company's stock, valued at approximately $196,600.75. This represents a 31.41 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Andrew Phillip Cole purchased 9,450 shares of the stock in a transaction on Monday, February 24th. The shares were purchased at an average cost of $7.99 per share, for a total transaction of $75,505.50. Following the acquisition, the director now directly owns 9,450 shares of the company's stock, valued at approximately $75,505.50. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 20,230 shares of company stock valued at $166,582 and have sold 59,610 shares valued at $606,423. 1.90% of the stock is owned by insiders.

About Perpetua Resources

Perpetua Resources Corp. engages in the exploration and development of mineral properties in the United States. The company primarily explores for gold, silver, and antimony deposits. Its principal asset is the 100% owned Stibnite Gold project, which includes 1,672 unpatented lode claims, mill sites, and patented land holdings covering an area of approximately 11,548 hectares located in Valley County, Idaho.