Perpetua Resources Corp. (NASDAQ:PPTA - Get Free Report) insider Mckinsey Margaret Lyon sold 20,000 shares of the firm's stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $11.00, for a total value of $220,000.00. Following the completion of the sale, the insider now directly owns 89,154 shares in the company, valued at approximately $980,694. This represents a 18.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Mckinsey Margaret Lyon also recently made the following trade(s):
- On Wednesday, March 5th, Mckinsey Margaret Lyon sold 22,710 shares of Perpetua Resources stock. The shares were sold at an average price of $8.82, for a total value of $200,302.20.
Perpetua Resources Price Performance
Shares of PPTA stock opened at $10.76 on Wednesday. Perpetua Resources Corp. has a one year low of $4.13 and a one year high of $13.23. The stock has a fifty day moving average price of $10.45 and a 200 day moving average price of $10.40. The stock has a market cap of $759.75 million, a P/E ratio of -48.91 and a beta of 0.27.
Perpetua Resources (NASDAQ:PPTA - Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The company reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.09) by $0.03. Equities research analysts anticipate that Perpetua Resources Corp. will post -0.21 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State Street Corp raised its holdings in shares of Perpetua Resources by 8.8% in the 3rd quarter. State Street Corp now owns 593,502 shares of the company's stock worth $5,549,000 after buying an additional 48,220 shares in the last quarter. Barclays PLC grew its position in Perpetua Resources by 63.4% in the third quarter. Barclays PLC now owns 74,119 shares of the company's stock valued at $694,000 after acquiring an additional 28,746 shares during the period. JPMorgan Chase & Co. raised its stake in Perpetua Resources by 232.2% during the third quarter. JPMorgan Chase & Co. now owns 57,158 shares of the company's stock worth $534,000 after acquiring an additional 39,954 shares in the last quarter. Ninety One UK Ltd bought a new position in shares of Perpetua Resources during the fourth quarter valued at $1,693,000. Finally, Jane Street Group LLC boosted its stake in shares of Perpetua Resources by 4.3% in the 3rd quarter. Jane Street Group LLC now owns 63,527 shares of the company's stock valued at $597,000 after purchasing an additional 2,605 shares in the last quarter. Institutional investors own 70.07% of the company's stock.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on PPTA shares. HC Wainwright increased their price objective on Perpetua Resources from $25.00 to $28.00 and gave the company a "buy" rating in a research report on Friday, March 21st. Roth Mkm upped their price objective on shares of Perpetua Resources from $15.00 to $19.00 and gave the company a "buy" rating in a research report on Tuesday, January 7th. Finally, National Bank Financial raised Perpetua Resources to a "strong-buy" rating in a research report on Friday, March 21st.
Get Our Latest Analysis on PPTA
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.
Further Reading
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