Perpetua Resources (TSE:PPTA) Trading Down 1.9% - Time to Sell?

Perpetua Resources Corp. (TSE:PPTA - Get Free Report) shares traded down 1.9% on Monday . The stock traded as low as C$15.00 and last traded at C$15.36. 67,647 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 114,179 shares. The stock had previously closed at C$15.65.

Perpetua Resources Stock Down 16.3 %

The firm has a market cap of C$658.82 million, a price-to-earnings ratio of -28.65, a PEG ratio of -0.66 and a beta of 1.28. The business's 50-day moving average is C$14.80 and its 200-day moving average is C$14.73. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.44 and a current ratio of 2.31.

Insider Transactions at Perpetua Resources

In related news, Director Chris Dail sold 16,227 shares of the company's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of C$15.34, for a total transaction of C$248,958.04. Also, Director Jessica Largent sold 3,595 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of C$12.70, for a total transaction of C$45,659.38. Over the last 90 days, insiders sold 31,559 shares of company stock valued at $448,616. Corporate 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.