Perpetua Resources (TSE:PPTA) Trading 4.8% Higher – Should You Buy?

Perpetua Resources Corp. (TSE:PPTA)’s share price traded up 4.8% on Wednesday . The company traded as high as C$40.45 and last traded at C$40.17. 157,594 shares traded hands during trading, a decline of 16% from the average session volume of 187,460 shares. The stock had previously closed at C$38.34.

Perpetua Resources Price Performance

The business’s fifty day moving average price is C$39.77 and its 200 day moving average price is C$33.20. 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 stock has a market cap of C$4.90 billion, a P/E ratio of -75.79, a PEG ratio of -0.66 and a beta of 0.04.

Perpetua Resources (TSE:PPTA) last issued its quarterly earnings data on Friday, November 14th. The company reported C$0.24 earnings per share (EPS) for the quarter. Sell-side analysts forecast that Perpetua Resources Corp. will post -0.69 EPS for the current fiscal 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.