Perpetua Resources (TSE:PPTA) Hits New 12-Month High – What’s Next?

Perpetua Resources Corp. (TSE:PPTA) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$44.62 and last traded at C$43.33, with a volume of 110506 shares traded. The stock had previously closed at C$43.08.

Perpetua Resources Stock Performance

The firm’s 50 day simple moving average is C$35.08 and its 200 day simple moving average is C$29.14. The firm has a market capitalization of C$5.26 billion, a price-to-earnings ratio of -81.30, a PEG ratio of -0.66 and a beta of 0.21. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.44 and a current ratio of 2.31.

Perpetua Resources (TSE:PPTA) last issued its earnings results on Friday, November 14th. The company reported C$0.24 earnings per share (EPS) for the quarter. Sell-side analysts forecast that Perpetua Resources Corp. will post -0.69 earnings per share for the current fiscal year.

Perpetua Resources Company Profile

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.