The stock of Perpetua Resources Corp (PPTA) has gone up by 6.23% for the week, with a 2.34% rise in the past month and a 11.65% rise in the past quarter. The volatility ratio for the week is 7.63%, and the volatility levels for the past 30 days are 6.09% for PPTA. The simple moving average for the past 20 days is 2.38% for PPTA’s stock, with a 53.61% simple moving average for the past 200 days.
Is It Worth Investing in Perpetua Resources Corp (NASDAQ: PPTA) Right Now?
The stock has a 36-month beta value of 1.18. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for PPTA is 64.25M, and at present, short sellers hold a 2.20% of that float. On November 15, 2024, the average trading volume of PPTA was 432.36K shares.
PPTA) stock’s latest price update
Perpetua Resources Corp (NASDAQ: PPTA) has experienced a rise in its stock price by 10.55 compared to its previous closing price of 9.10. However, the company has seen a gain of 6.23% in its stock price over the last five trading days. prnewswire.com reported 2024-11-14 that BOISE, Idaho, Nov. 14, 2024 /PRNewswire/ – Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) (“Perpetua Resources” or “Perpetua” or the “Company”) announced today that its unaudited condensed consolidated financial results for the period ended September 30, 2024 were filed. For details, please see the Company’s filings available on EDGAR and SEDAR.
Analysts’ Opinion of PPTA
ROTH Capital, on the other hand, stated in their research note that they expect to see PPTA reach a price target of $4. The rating they have provided for PPTA stocks is “Buy” according to the report published on October 17th, 2022.
B. Riley Securities gave a rating of “Buy” to PPTA, setting the target price at $22 in the report published on August 25th of the previous year.
PPTA Trading at 6.98% from the 50-Day Moving Average
After a stumble in the market that brought PPTA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.16% of loss for the given period.
Volatility was left at 6.09%, however, over the last 30 days, the volatility rate increased by 7.63%, as shares sank -4.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.48% upper at present.
During the last 5 trading sessions, PPTA rose by +2.22%, which changed the moving average for the period of 200-days by +225.93% in comparison to the 20-day moving average, which settled at $9.81. In addition, Perpetua Resources Corp saw 217.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PPTA starting from Haslam Alan Douglas, who sale 40,000 shares at the price of $10.07 back on Oct 18 ’24. After this action, Haslam Alan Douglas now owns 65,571 shares of Perpetua Resources Corp, valued at $402,800 using the latest closing price.
Lyon Mckinsey Margaret, the ( (4)) of Perpetua Resources Corp, sale 21,500 shares at $9.35 during a trade that took place back on Sep 30 ’24, which means that Lyon Mckinsey Margaret is holding 22,843 shares at $201,025 based on the most recent closing price.
Stock Fundamentals for PPTA
The total capital return value is set at -0.54. Equity return is now at value -18.67, with -15.97 for asset returns.
Based on Perpetua Resources Corp (PPTA), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -393.82.
Currently, EBITDA for the company is -17.79 million with net debt to EBITDA at 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.31.
Conclusion
To sum up, Perpetua Resources Corp (PPTA) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
