At the time of writing, Perpetua Resources Corp. [PPTA] stock is trading at $6.62, up 0.61%. An important factor to consider is whether the stock is rising or falling in short-term value. The PPTA shares have gain 18.85% over the last week, with a monthly amount drifted -3.99%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Perpetua Resources Corp. [NASDAQ: PPTA] stock has seen the most recent analyst activity on October 17, 2022, when ROTH Capital initiated its Buy rating and assigned the stock a price target of $4. Previously, B. Riley Securities started tracking the stock with Buy rating on August 25, 2021, and set its price target to $22. On June 22, 2021, H.C. Wainwright initiated with a Buy rating and assigned a price target of $11.25 on the stock.
For the past year, the stock price of Perpetua Resources Corp. fluctuated between $2.63 and $7.13. Currently, Wall Street analysts expect the stock to reach $13.25 within the next 12 months. Perpetua Resources Corp. [NASDAQ: PPTA] shares were valued at $6.62 at the most recent close of the market. An investor can expect a potential return of 100.15% based on the average PPTA price forecast.
Analyzing the PPTA fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.11 and Total Capital is -0.58. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.18 points at the first support level, and at 5.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.87, and for the 2nd resistance point, it is at 7.13.
Ratios To Look Out For
It is important to note that Perpetua Resources Corp. [NASDAQ:PPTA] has a current ratio of 1.54. On the other hand, the Quick Ratio is 1.54, and the Cash Ratio is 0.15.
Transactions by insiders
Recent insider trading involved Haslam Alan Douglas, ( (6)), that happened on Apr 12 ’24 when 46500.0 shares were sold. ( (4)), Bogert L Michael completed a deal on Apr 11 ’24 to sell 21500.0 shares. Meanwhile, ( (2)) Bogert L Michael sold 8270.0 shares on Mar 28 ’24.
