Perpetua Resources (TSE:PPTA) Sets New 12-Month Low – Should You Sell?

Shares of Perpetua Resources Corp. (TSE:PPTA – Get Free Report) hit a new 52-week low during trading on Thursday. The company traded as low as C$21.93 and last traded at C$23.08, with a volume of 90,785 shares traded. The stock had previously closed at C$22.84.

Perpetua Resources Price Performance

The company’s fifty day moving average is C$29.74 and its 200 day moving average is C$35.10. The firm has a market cap of C$2.94 billion, a price-to-earnings ratio of -11.41, a PEG ratio of -0.66 and a beta of 1.20. The company has a quick ratio of 3.44, a current ratio of 12.30 and a debt-to-equity ratio of 0.51.

About Perpetua Resources

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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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