Perpetua Resources Corp. (NASDAQ:PPTA – Get Free Report) insider Alan Douglas Haslam sold 40,000 shares of the company’s stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $10.07, for a total transaction of $402,800.00. Following the completion of the transaction, the insider now owns 65,571 shares in the company, valued at approximately $660,299.97. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Perpetua Resources Price Performance
PPTA opened at $10.16 on Thursday. Perpetua Resources Corp. has a 12 month low of $2.69 and a 12 month high of $10.72. The business has a 50-day moving average of $8.97 and a two-hundred day moving average of $7.08. The stock has a market capitalization of $655.77 million, a price-to-earnings ratio of -37.59 and a beta of 0.29.
Perpetua Resources (NASDAQ:PPTA – Get Free Report) last released its earnings results on Friday, August 9th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.02. Equities research analysts anticipate that Perpetua Resources Corp. will post -0.21 earnings per share for the current year.
Institutional Trading of Perpetua Resources
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on PPTA shares. HC Wainwright reissued a “buy” rating and issued a $13.25 price objective on shares of Perpetua Resources in a research report on Thursday, August 22nd. Roth Mkm boosted their price target on Perpetua Resources from $12.00 to $15.00 and gave the company a “buy” rating in a report on Wednesday. Finally, National Bank Financial started coverage on Perpetua Resources in a report on Friday, September 6th. They set an “outperform” rating on the stock.
Read Our Latest Research Report on Perpetua Resources
About Perpetua Resources
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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