Perpetua Resources (TSE:PPTA) Reaches New 52-Week Low – Here’s What Happened

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

Perpetua Resources Trading Down 8.1%

The stock has a 50-day moving average price of C$30.55 and a two-hundred day moving average price of C$35.41. The stock has a market cap of C$2.90 billion, a PE ratio of -11.27, a price-to-earnings-growth ratio of -0.66 and a beta of 1.20. The company has a debt-to-equity ratio of 0.51, a current ratio of 12.30 and a quick ratio of 3.44.

Perpetua Resources Company Profile

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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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