Perpetua Resources (TSE:PPTA) Sets New 1-Year High - Still a Buy?

Perpetua Resources Corp. (TSE:PPTA - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$19.07 and last traded at C$19.04, with a volume of 403331 shares changing hands. The stock had previously closed at C$16.40.

Perpetua Resources Stock Down 1.7 %

The business has a 50 day moving average of C$14.60 and a two-hundred day moving average of C$15.04. 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 stock has a market capitalization of C$908.57 million, a PE ratio of -39.52, a PEG ratio of -0.66 and a beta of 1.28.

Insider Transactions at Perpetua Resources

In related news, Director Andrew Phillip Cole purchased 7,569 shares of the firm's stock in a transaction on Monday, February 24th. The stock was acquired at an average price of C$11.42 per share, with a total value of C$86,427.00. Also, Director Richie D. Haddock acquired 5,112 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were bought at an average cost of C$12.30 per share, for a total transaction of C$62,890.36. Insiders have sold a total of 31,559 shares of company stock valued at $448,616 in the last 90 days. Insiders own 0.43% of the company's stock.

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.