Lane & Associates LLC Grows Stock Holdings in Perpetua Resources Corp. (NASDAQ:PPTA)

Lane & Associates LLC grew its holdings in shares of Perpetua Resources Corp. (NASDAQ:PPTA) by 24.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,987 shares of the company’s stock after buying an additional 3,095 shares during the quarter. Lane & Associates LLC’s holdings in Perpetua Resources were worth $189,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp boosted its stake in shares of Perpetua Resources by 8.8% in the third quarter. State Street Corp now owns 593,502 shares of the company’s stock valued at $5,549,000 after purchasing an additional 48,220 shares during the period. Barclays PLC boosted its stake in shares of Perpetua Resources by 63.4% in the third quarter. Barclays PLC now owns 74,119 shares of the company’s stock valued at $694,000 after purchasing an additional 28,746 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Perpetua Resources by 232.2% in the third quarter. JPMorgan Chase & Co. now owns 57,158 shares of the company’s stock valued at $534,000 after purchasing an additional 39,954 shares during the period. Jane Street Group LLC boosted its stake in shares of Perpetua Resources by 4.3% in the third quarter. Jane Street Group LLC now owns 63,527 shares of the company’s stock valued at $597,000 after purchasing an additional 2,605 shares during the period. Finally, Ninety One UK Ltd bought a new position in Perpetua Resources during the 4th quarter valued at $1,693,000. 70.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Roth Mkm increased their price objective on shares of Perpetua Resources from $15.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. HC Wainwright increased their price objective on shares of Perpetua Resources from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th.

Perpetua Resources Trading Down 0.8 %

NASDAQ PPTA opened at $9.23 on Friday. Perpetua Resources Corp. has a 12 month low of $2.69 and a 12 month high of $13.23. The company’s fifty day moving average price is $11.55 and its two-hundred day moving average price is $10.02.

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.