Perpetua Resources (TSE:PPTA) Hits New 52-Week High – Here’s Why

Perpetua Resources Corp. (TSE:PPTA)’s share price hit 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 trading hands. The stock had previously closed at C$43.08.

Perpetua Resources Trading Up 0.0%

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

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