Perpetua Resources (TSE:PPTA) Shares Down 17.4% – Here’s Why

Perpetua Resources Corp. (TSE:PPTAGet Free Report)’s share price fell 17.4% during mid-day trading on Friday . The stock traded as low as C$13.91 and last traded at C$14.01. 144,153 shares changed hands during trading, an increase of 64% from the average session volume of 87,713 shares. The stock had previously closed at C$16.97.

Perpetua Resources Trading Down 22.5 %

The company has a market capitalization of C$657.32 million, a price-to-earnings ratio of -28.59, a price-to-earnings-growth ratio of -0.66 and a beta of 1.28. The business’s 50 day simple moving average is C$16.99 and its 200 day simple moving average is C$13.89. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.31 and a quick ratio of 3.44.

Perpetua Resources Company Profile

(Get Free Report)

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.

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.