National Bank of Canada FI Has $462,000 Stock Holdings in Perpetua Resources Corp. (NASDAQ:PPTA)

National Bank of Canada FI increased its position in Perpetua Resources Corp. (NASDAQ:PPTA - Free Report) by 1,618.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,197 shares of the company's stock after purchasing an additional 40,683 shares during the quarter. National Bank of Canada FI owned approximately 0.06% of Perpetua Resources worth $462,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp lifted its stake in shares of Perpetua Resources by 8.8% in the 3rd quarter. State Street Corp now owns 593,502 shares of the company's stock valued at $5,549,000 after purchasing an additional 48,220 shares during the period. Barclays PLC grew its position in shares of Perpetua Resources by 63.4% during the 3rd quarter. Barclays PLC now owns 74,119 shares of the company's stock worth $694,000 after buying an additional 28,746 shares during the period. JPMorgan Chase & Co. raised its position in shares of Perpetua Resources by 232.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 57,158 shares of the company's stock valued at $534,000 after acquiring an additional 39,954 shares during the period. Ninety One UK Ltd bought a new position in Perpetua Resources during the 4th quarter worth approximately $1,693,000. Finally, Jane Street Group LLC increased its stake in Perpetua Resources by 4.3% in the third quarter. Jane Street Group LLC now owns 63,527 shares of the company's stock valued at $597,000 after purchasing an additional 2,605 shares in the last quarter. 70.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Perpetua Resources Trading Down 3.5 %

Shares of NASDAQ PPTA traded down $0.48 during mid-day trading on Tuesday, hitting $13.27. The company had a trading volume of 528,508 shares, compared to its average volume of 567,668. The company has a market capitalization of $936.63 million, a PE ratio of -60.18 and a beta of 0.12. Perpetua Resources Corp. has a one year low of $4.96 and a one year high of $13.75. The firm has a 50-day simple moving average of $10.17 and a two-hundred day simple moving average of $10.52.

Perpetua Resources (NASDAQ:PPTA - Get Free Report) last posted its quarterly earnings results on Wednesday, March 19th. The company reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.09) by $0.03. Sell-side analysts expect that Perpetua Resources Corp. will post -0.21 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Richie Darrin Haddock purchased 5,780 shares of Perpetua Resources stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average price of $8.56 per share, with a total value of $49,476.80. Following the completion of the transaction, the director now directly owns 5,780 shares of the company's stock, valued at $49,476.80. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert Alan Dean purchased 5,000 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The stock was bought at an average price of $8.32 per share, for a total transaction of $41,600.00. Following the transaction, the director now directly owns 10,000 shares of the company's stock, valued at $83,200. This trade represents a 100.00 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 20,230 shares of company stock valued at $166,582 and have sold 53,110 shares valued at $516,398. Insiders own 1.90% of the company's stock.

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.