Perpetua Resources (TSE:PPTA) Sets New 52-Week High - Should You Buy?

Perpetua Resources Corp. (TSE:PPTA - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as C$19.72 and last traded at C$17.59, with a volume of 51844 shares traded. The stock had previously closed at C$18.19.

Perpetua Resources Stock Up 1.7 %

The firm has a 50 day moving average of C$14.76 and a 200-day moving average of C$15.17. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.31 and a quick ratio of 3.44. The stock has a market capitalization of C$963.01 million, a P/E ratio of -41.88, a price-to-earnings-growth ratio of -0.66 and a beta of 1.28.

Insider Buying and Selling at Perpetua Resources

In other Perpetua Resources news, Director Andrew Phillip Cole bought 7,569 shares of the stock in a transaction dated Monday, February 24th. The stock was bought at an average cost of C$11.42 per share, for a total transaction of C$86,427.00. Also, Director Jessica Largent sold 11,737 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of C$13.12, for a total transaction of C$153,998.83. Insiders have sold 31,559 shares of company stock valued at $448,616 in the last 90 days. 0.43% of the stock is currently owned by company insiders.

Perpetua Resources Company Profile

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.