Perpetua Resources (NASDAQ:PPTA - Get Free Report) announced its earnings results on Wednesday. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.03, Zacks reports.
Perpetua Resources Trading Down 2.3 %
NASDAQ PPTA traded down $0.26 during trading on Friday, reaching $11.20. The company's stock had a trading volume of 4,818,278 shares, compared to its average volume of 512,371. The stock has a market capitalization of $787.82 million, a PE ratio of -50.91 and a beta of 0.27. The business has a 50-day moving average price of $10.55 and a 200-day moving average price of $10.27. Perpetua Resources has a 1-year low of $4.02 and a 1-year high of $13.23.
Wall Street Analyst Weigh In
PPTA has been the subject of several research reports. Roth Mkm raised their price target on shares of Perpetua Resources from $15.00 to $19.00 and gave the stock a "buy" rating in a report on Tuesday, January 7th. HC Wainwright raised their price target on shares of Perpetua Resources from $25.00 to $28.00 and gave the stock a "buy" rating in a report on Friday.
Read Our Latest Stock Report on Perpetua Resources
Insider Buying and Selling at Perpetua Resources
In other Perpetua Resources news, insider Mckinsey Margaret Lyon sold 22,710 shares of Perpetua Resources stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $8.82, for a total value of $200,302.20. Following the completion of the sale, the insider now directly owns 89,154 shares in the company, valued at $786,338.28. The trade was a 20.30 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richie Darrin Haddock bought 5,780 shares of Perpetua Resources stock in a transaction on Wednesday, February 26th. The stock was acquired at an average price of $8.56 per share, with a total value of $49,476.80. Following the completion of the purchase, the director now directly owns 5,780 shares of the company's stock, valued at approximately $49,476.80. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 20,230 shares of company stock worth $166,582 over the last ninety days. 1.90% of the stock is currently owned by insiders.
About Perpetua Resources
(
Get Free Report)
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.
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