Perpetua Resources (TSE:PPTA) Stock Price Up 13.6% – Still a Buy?

Perpetua Resources Corp. (TSE:PPTA – Get Free Report)’s share price was up 13.6% on Friday. The company traded as high as C$27.05 and last traded at C$26.71. 104,507 shares traded hands during trading, a decline of 30% from the average daily volume of 149,401 shares. The stock had previously closed at C$23.51.

Perpetua Resources Stock Up 17.1%

The company has a debt-to-equity ratio of 0.51, a quick ratio of 3.44 and a current ratio of 12.30. The firm has a market capitalization of C$3.45 billion, a PE ratio of -13.37, a PEG ratio of -0.66 and a beta of 1.30. The company’s 50 day simple moving average is C$29.49 and its 200-day simple moving average is C$34.99.

Perpetua Resources Company Profile

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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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