Perpetua Resources (TSE:PPTA) Stock Price Down 1.9% – Time to Sell?

Perpetua Resources Corp. (TSE:PPTA)’s share price was down 1.9% during trading on Monday . The stock traded as low as C$15.00 and last traded at C$15.36. Approximately 67,647 shares traded hands during trading, a decline of 41% from the average daily volume of 114,179 shares. The stock had previously closed at C$15.65.

Perpetua Resources Price Performance

The firm has a fifty day moving average of C$14.98 and a two-hundred day moving average of C$14.70. The stock has a market capitalization of C$783.20 million, a P/E ratio of -34.06, a P/E/G ratio of -0.66 and a beta of 1.28. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.31 and a quick ratio of 3.44.

Insider Activity

In other Perpetua Resources news, Director Jessica Largent sold 11,737 shares of Perpetua Resources stock in a transaction on Thursday, February 20th. The shares were sold at an average price of C$13.12, for a total value of C$153,998.83. Also, Director Richie D. Haddock bought 5,112 shares of Perpetua Resources stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average cost of C$12.30 per share, for a total transaction of C$62,890.36. Company 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.