Perpetua Resources (TSE:PPTA) Sets New 12-Month Low – Here’s What Happened

Shares of Perpetua Resources Corp. (TSE:PPTA – Get Free Report) hit a new 52-week low during mid-day trading on Friday. The company traded as low as C$22.97 and last traded at C$23.04, with a volume of 60,739 shares. The stock had previously closed at C$25.27.

Perpetua Resources Trading Down 10.1%

The stock has a fifty day simple moving average of C$30.78 and a 200 day simple moving average of C$35.51. The firm has a market capitalization of C$2.84 billion, a P/E ratio of -11.03, a PEG ratio of -0.66 and a beta of 1.20. The company has a quick ratio of 3.44, a current ratio of 12.30 and a debt-to-equity ratio of 0.51.

Perpetua Resources Company Profile

(Get Free Report)

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.

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