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Perpetua Resources (TSE:PPTA) Stock Price Down 17.4% - Time to Sell?

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Perpetua Resources Corp. (TSE:PPTA - Get Free Report)'s stock price fell 17.4% during trading on Friday . The stock traded as low as C$13.91 and last traded at C$14.01. 144,153 shares changed hands during mid-day trading, an increase of 64% from the average session volume of 87,713 shares. The stock had previously closed at C$16.97.

Perpetua Resources Price Performance

The company's 50-day moving average price is C$16.83 and its two-hundred day moving average price is C$14.02. 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 company has a market capitalization of C$688.79 million, a P/E ratio of -29.96, a price-to-earnings-growth ratio of -0.66 and a beta of 1.28.

Perpetua Resources Company Profile

(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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