Perpetua Resources (TSE:PPTA) Stock Price Down 2.3% – Here’s Why

Perpetua Resources Corp. (TSE:PPTA – Get Free Report) fell 2.3% during trading on Friday. The company traded as low as C$28.67 and last traded at C$29.05. Approximately 115,122 shares changed hands during trading, a decline of 23% from the average daily volume of 150,348 shares. The stock had previously closed at C$29.74.

Perpetua Resources Stock Performance

The company’s fifty day simple moving average is C$32.49 and its two-hundred day simple moving average is C$34.41. The company has a market capitalization of C$3.63 billion, a price-to-earnings ratio of -14.10, a price-to-earnings-growth ratio of -0.66 and a beta of 1.13. The company has a debt-to-equity ratio of 0.51, a quick ratio of 3.44 and a current ratio of 12.30.

Perpetua Resources Company Profile

(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.

See Also

Receive News & Ratings for Perpetua Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perpetua Resources and related companies with MarketBeat.com's FREE daily email newsletter.