Andrew Phillip Cole Purchases 9,450 Shares of Perpetua Resources Corp. (NASDAQ:PPTA) Stock

Perpetua Resources Corp. (NASDAQ:PPTA) Director Andrew Phillip Cole bought 9,450 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average cost of $7.99 per share, for a total transaction of $75,505.50. Following the transaction, the director now directly owns 9,450 shares of the company’s stock, valued at $75,505.50. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Perpetua Resources Price Performance

PPTA opened at $8.16 on Wednesday. Perpetua Resources Corp. has a fifty-two week low of $2.69 and a fifty-two week high of $13.23. The firm’s fifty day moving average price is $11.30 and its two-hundred day moving average price is $10.13. The company has a market capitalization of $573.98 million, a P/E ratio of -37.09 and a beta of 0.20.

Institutional Investors Weigh In On Perpetua Resources

Institutional investors have recently bought and sold shares of the business. Ancora Advisors LLC acquired a new stake in Perpetua Resources during the fourth quarter worth $37,000. Continuum Advisory LLC boosted its stake in Perpetua Resources by 500.0% during the third quarter. Continuum Advisory LLC now owns 4,800 shares of the company’s stock worth $44,000 after buying an additional 4,000 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in Perpetua Resources during the fourth quarter worth $55,000. Intech Investment Management LLC acquired a new stake in Perpetua Resources during the third quarter worth $98,000. Finally, ProShare Advisors LLC acquired a new stake in shares of Perpetua Resources in the 4th quarter valued at $116,000. Institutional investors and hedge funds own 70.07% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. HC Wainwright boosted their target price on shares of Perpetua Resources from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. Roth Mkm boosted their target price on shares of Perpetua Resources from $15.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th.

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.