Gaining Ground: Perpetua Resources Corp (PPTA) Closes Higher at 9.88, Up 3.24

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The price of Perpetua Resources Corp (NASDAQ: PPTA) closed at $9.88 in the last session, up 3.24% from day before closing price of $9.57. In other words, the price has increased by $3.24 from its previous closing price. On the day, 0.59 million shares were traded. PPTA stock price reached its highest trading level at $9.91 during the session, while it also had its lowest trading level at $9.5125.

Ratios:

We take a closer look at PPTA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.31 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

On October 17, 2022, ROTH Capital started tracking the stock assigning a Buy rating and target price of $4.

On August 25, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $22.B. Riley Securities initiated its Buy rating on August 25, 2021, with a $22 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 18 ’24 when Haslam Alan Douglas sold 40,000 shares for $10.07 per share. The transaction valued at 402,800 led to the insider holds 65,571 shares of the business.

Lyon Mckinsey Margaret sold 21,500 shares of PPTA for $201,025 on Sep 30 ’24. The (See remarks (4)) now owns 22,843 shares after completing the transaction at $9.35 per share. On Apr 12 ’24, another insider, Haslam Alan Douglas, who serves as the (See remarks (6)) of the company, sold 46,500 shares for $5.99 each. As a result, the insider received 278,535 and left with 65,571 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PPTA now has a Market Capitalization of 659259776 and an Enterprise Value of 648093952.

Stock Price History:

Over the past 52 weeks, PPTA has reached a high of $10.75, while it has fallen to a 52-week low of $2.69. The 50-Day Moving Average of the stock is 4.38%, while the 200-Day Moving Average is calculated to be 49.25%.

Shares Statistics:

According to the various share statistics, PPTA traded on average about 439.81K shares per day over the past 3-months and 585870 shares per day over the past 10 days. A total of 64.63M shares are outstanding, with a floating share count of 64.25M. Insiders hold about 0.59% of the company’s shares, while institutions hold 71.19% stake in the company. Shares short for PPTA as of 1730332800 were 1278294 with a Short Ratio of 3.21, compared to 1727654400 on 1411058. Therefore, it implies a Short% of Shares Outstanding of 1278294 and a Short% of Float of 3.2800000000000002.

Earnings Estimates

The dynamic stock of Perpetua Resources Corp (PPTA) is currently being evaluated by a team of 1.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.07 and low estimates of -$0.07.

Analysts are recommending an EPS of between -$0.18 and -$0.23 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is -$0.2, with 3.0 analysts recommending between -$0.17 and -$0.22.

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