Perpetua Resources (TSE:PPTA) Hits New 12-Month Low – What’s Next?

by · The Markets Daily

Shares of Perpetua Resources Corp. (TSE:PPTA – Get Free Report) hit a new 52-week low during mid-day trading on Friday. The stock traded as low as C$22.99 and last traded at C$23.20, with a volume of 55,327 shares. The stock had previously closed at C$24.17.

Perpetua Resources Trading Down 3.8%

The stock has a market capitalization of C$2.91 billion, a P/E ratio of -11.29, a price-to-earnings-growth ratio of -0.66 and a beta of 1.20. The stock’s fifty day moving average price is C$31.75 and its two-hundred day moving average price is C$33.35. The company has a current ratio of 12.30, a quick ratio of 3.44 and a debt-to-equity ratio of 0.51.

About Perpetua Resources

(Get Free Report)

Perpetua Resources Corp., through its wholly owned subsidiaries, 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 Stibnite Gold 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.

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