Perpetua Resources Corp. (NASDAQ:PPTA - Get Free Report) insider Mckinsey Margaret Lyon sold 43,722 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $27.57, for a total value of $1,205,415.54. Following the completion of the sale, the insider owned 132,110 shares in the company, valued at approximately $3,642,272.70. The trade was a 24.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Mckinsey Margaret Lyon also recently made the following trade(s):
- On Monday, January 5th, Mckinsey Margaret Lyon sold 32,490 shares of Perpetua Resources stock. The shares were sold at an average price of $26.61, for a total transaction of $864,558.90.
Perpetua Resources Price Performance
PPTA stock opened at $28.08 on Wednesday. Perpetua Resources Corp. has a 12 month low of $7.81 and a 12 month high of $35.97. The firm's 50-day moving average is $28.88 and its 200 day moving average is $23.95. The company has a market capitalization of $3.50 billion, a PE ratio of -56.16 and a beta of 0.03.
Analyst Ratings Changes
Several brokerages have weighed in on PPTA. Weiss Ratings reiterated a "sell (d-)" rating on shares of Perpetua Resources in a report on Thursday, January 22nd. BMO Capital Markets set a $44.00 price target on shares of Perpetua Resources in a report on Tuesday, October 28th. HC Wainwright increased their price objective on shares of Perpetua Resources from $30.00 to $41.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. B. Riley Financial reissued a "buy" rating on shares of Perpetua Resources in a research note on Thursday, October 30th. Finally, Roth Mkm set a $32.00 price target on shares of Perpetua Resources and gave the company a "buy" rating in a research report on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Perpetua Resources presently has an average rating of "Moderate Buy" and an average price target of $32.50.
View Our Latest Report on PPTA
Institutional Investors Weigh In On Perpetua Resources
A number of large investors have recently bought and sold shares of PPTA. Steward Partners Investment Advisory LLC acquired a new stake in Perpetua Resources during the 2nd quarter valued at approximately $31,000. Smartleaf Asset Management LLC purchased a new stake in Perpetua Resources during the fourth quarter worth $31,000. Private Trust Co. NA acquired a new stake in Perpetua Resources during the third quarter valued at $35,000. UMB Bank n.a. acquired a new stake in shares of Perpetua Resources during the 4th quarter valued at about $36,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Perpetua Resources in the 2nd quarter valued at about $39,000. Hedge funds and other institutional investors own 70.07% of the company's stock.
Perpetua Resources Company Profile
(
Get Free Report)
Perpetua Resources Inc (NASDAQ: PPTA), formerly known as eCobalt Solutions Inc, is a mineral exploration and development company focused on critical metals that support the global clean-energy transition. The company’s primary objective is to advance its flagship Idaho Cobalt Project, a permitted underground mine located near Stibnite, Idaho. This project is designed to produce cobalt, copper, gold and silver, with an emphasis on providing responsibly sourced materials to North American battery and technology markets.
In addition to its Idaho Cobalt Project, Perpetua Resources holds exploration licenses and mineral tenures across the United States and Canada.
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