Richie Darrin Haddock Buys 5,780 Shares of Perpetua Resources Corp. (NASDAQ:PPTA) Stock

Perpetua Resources Corp. (NASDAQ:PPTA) Director Richie Darrin Haddock acquired 5,780 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was bought at an average cost of $8.56 per share, for a total transaction of $49,476.80. Following the completion of the transaction, the director now directly owns 5,780 shares in the company, valued at $49,476.80. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Perpetua Resources Price Performance

Perpetua Resources stock opened at $8.58 on Friday. The firm has a market capitalization of $603.53 million, a PE ratio of -39.00 and a beta of 0.20. The company’s 50-day moving average is $11.09 and its 200-day moving average is $10.12. Perpetua Resources Corp. has a fifty-two week low of $2.87 and a fifty-two week high of $13.23.

Analyst Ratings Changes

Several brokerages have issued reports on PPTA. Roth Mkm lifted their price target on shares of Perpetua Resources from $15.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. HC Wainwright lifted their price target on shares of Perpetua Resources from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th.

Institutional Trading of Perpetua Resources

Several hedge funds and other institutional investors have recently modified their holdings of PPTA. Ancora Advisors LLC bought a new stake in shares of Perpetua Resources during the 4th quarter worth about $37,000. Continuum Advisory LLC boosted its holdings in shares of Perpetua Resources by 500.0% during the 3rd quarter. Continuum Advisory LLC now owns 4,800 shares of the company’s stock worth $44,000 after buying an additional 4,000 shares during the period. BNP Paribas Financial Markets bought a new stake in shares of Perpetua Resources during the 4th quarter worth about $55,000. Intech Investment Management LLC bought a new stake in shares of Perpetua Resources during the 3rd quarter worth about $98,000. Finally, ProShare Advisors LLC bought a new stake in Perpetua Resources in the 4th quarter valued at about $116,000. Institutional investors own 70.07% of the company’s stock.

Perpetua Resources Company Profile

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.