Perpetua Resources Corp. (NASDAQ:PPTA) Shares Acquired by National Bank of Canada FI

National Bank of Canada FI lifted its stake in shares of Perpetua Resources Corp. (NASDAQ:PPTA) by 1,618.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,197 shares of the company’s stock after buying an additional 40,683 shares during the period. National Bank of Canada FI owned approximately 0.06% of Perpetua Resources worth $462,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in PPTA. State Street Corp lifted its stake in shares of Perpetua Resources by 8.8% during the third quarter. State Street Corp now owns 593,502 shares of the company’s stock worth $5,549,000 after buying an additional 48,220 shares during the period. Wolverine Trading LLC acquired a new stake in shares of Perpetua Resources during the third quarter worth $241,000. Jane Street Group LLC lifted its stake in shares of Perpetua Resources by 4.3% during the third quarter. Jane Street Group LLC now owns 63,527 shares of the company’s stock worth $597,000 after buying an additional 2,605 shares during the period. Continuum Advisory LLC lifted its stake in shares of Perpetua Resources by 500.0% during the third quarter. Continuum Advisory LLC now owns 4,800 shares of the company’s stock worth $44,000 after buying an additional 4,000 shares during the period. Finally, Barclays PLC lifted its stake in shares of Perpetua Resources by 63.4% during the third quarter. Barclays PLC now owns 74,119 shares of the company’s stock worth $694,000 after buying an additional 28,746 shares during the period. 70.07% of the stock is currently owned by institutional investors and hedge funds.

Perpetua Resources Stock Up 13.5 %

Shares of NASDAQ PPTA opened at $10.82 on Thursday. The company’s 50-day simple moving average is $10.17 and its 200-day simple moving average is $10.45. Perpetua Resources Corp. has a 52-week low of $4.96 and a 52-week high of $13.23. The firm has a market cap of $763.99 million, a price-to-earnings ratio of -49.18 and a beta of 0.12.

Perpetua Resources (NASDAQ:PPTA) last announced its earnings results on Wednesday, March 19th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.03. Equities research analysts anticipate that Perpetua Resources Corp. will post -0.21 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on PPTA. National Bankshares reissued an “outperform” rating on shares of Perpetua Resources in a report on Wednesday, April 2nd. HC Wainwright raised their target price on shares of Perpetua Resources from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, March 21st. Roth Mkm raised their target price on shares of Perpetua Resources from $15.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Finally, National Bank Financial raised shares of Perpetua Resources to a “strong-buy” rating in a report on Friday, March 21st.

Insider Buying and Selling

In other Perpetua Resources news, insider Alan Douglas Haslam sold 10,400 shares of the business’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $9.24, for a total value of $96,096.00. Following the transaction, the insider now directly owns 65,763 shares in the company, valued at $607,650.12. The trade was a 13.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Mckinsey Margaret Lyon sold 20,000 shares of the business’s stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $11.00, for a total transaction of $220,000.00. Following the completion of the transaction, the insider now owns 89,154 shares in the company, valued at $980,694. The trade was a 18.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have acquired 20,230 shares of company stock worth $166,582 and have sold 53,110 shares worth $516,398. 1.90% of the stock is currently owned by company insiders.

Perpetua Resources Company Profile

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.