National Bankshares Reiterates C$19.00 Price Target for Perpetua Resources (TSE:PPTA)

National Bankshares set a C$19.00 price objective on Perpetua Resources (TSE:PPTA) in a research note published on Friday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Perpetua Resources Stock Performance

Shares of PPTA opened at C$11.67 on Friday. The company has a market capitalization of C$753.88 million, a PE ratio of -41.68, a price-to-earnings-growth ratio of -0.66 and a beta of 1.28. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.53 and a quick ratio of 3.44. Perpetua Resources has a one year low of C$3.65 and a one year high of C$13.10. The company’s fifty day moving average price is C$9.58 and its 200 day moving average price is C$8.06.

About Perpetua Resources

Perpetua Resources Corp. engages in the exploration and development of mineral properties in the United States. The company primarily explores for gold, silver, and antimony deposits. Its principal asset is the 100% owned Stibnite Gold project, which includes 1,672 unpatented lode claims, mill sites, and patented land holdings covering an area of approximately 11,548 hectares located in Valley County, Idaho.