Perpetua Resources (TSE:PPTA) Stock Price Up 2.2% – Time to Buy?

Perpetua Resources Corp. (TSE:PPTA) shot up 2.2% during mid-day trading on Friday . The company traded as high as C$35.99 and last traded at C$35.37. Approximately 137,045 shares traded hands during trading, a decline of 14% from the average daily volume of 158,558 shares. The stock had previously closed at C$34.60.

Perpetua Resources Trading Up 2.2%

The company has a market cap of C$4.42 billion, a price-to-earnings ratio of -17.17, a price-to-earnings-growth ratio of -0.66 and a beta of 1.06. The company has a quick ratio of 3.44, a current ratio of 12.30 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average is C$30.07 and its 200 day moving average is C$36.31.

Perpetua Resources (TSE:PPTA) last issued its quarterly earnings data on Monday, May 11th. The company reported C$0.54 earnings per share for the quarter. Research analysts predict that Perpetua Resources Corp. will post -0.69 EPS for the current year.

About Perpetua Resources

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.