Perpetua Resources Corp. (NASDAQ:PPTA) Insider L Michael Bogert Sells 21,500 Shares

Perpetua Resources Corp. (NASDAQ:PPTA) insider L Michael Bogert sold 21,500 shares of the business’s stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of $6.22, for a total value of $133,730.00. Following the transaction, the insider now owns 25,479 shares of the company’s stock, valued at approximately $158,479.38. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

L Michael Bogert also recently made the following trade(s):

• On Thursday, March 28th, L Michael Bogert sold 8,270 shares of Perpetua Resources stock. The stock was sold at an average price of $4.15, for a total value of $34,320.50.

Perpetua Resources Stock Performance

PPTA opened at $6.14 on Thursday. Perpetua Resources Corp. has a one year low of $2.63 and a one year high of $6.91. The stock’s fifty day moving average is $4.03 and its 200-day moving average is $3.54. The company has a market capitalization of $393.72 million, a PE ratio of -21.17 and a beta of 0.40.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PPTA. Roth Mkm boosted their price target on Perpetua Resources from $7.25 to $10.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. HC Wainwright boosted their price objective on Perpetua Resources from $10.00 to $10.50 and gave the stock a “buy” rating in a research note on Thursday, March 28th.

Institutional Trading of Perpetua Resources

A number of hedge funds and other institutional investors have recently modified their holdings of PPTA. BlackRock Inc. raised its stake in shares of Perpetua Resources by 1,950.6% in the 2nd quarter. BlackRock Inc. now owns 1,640,605 shares of the company’s stock worth $6,021,000 after buying an additional 1,560,597 shares in the last quarter. State Street Corp acquired a new stake in shares of Perpetua Resources during the second quarter worth $1,628,000. Millennium Management LLC acquired a new stake in shares of Perpetua Resources during the second quarter worth $1,215,000. Geode Capital Management LLC raised its position in shares of Perpetua Resources by 1,027.8% during the second quarter. Geode Capital Management LLC now owns 389,787 shares of the company’s stock worth $1,431,000 after purchasing an additional 355,224 shares during the period. Finally, Donald Smith & CO. Inc. acquired a new stake in shares of Perpetua Resources during the fourth quarter worth $999,000. Institutional investors own 70.07% of the company’s stock.

About Perpetua Resources

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.