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

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

Perpetua Resources Price Performance

The stock has a market cap of C$2.94 billion, a price-to-earnings ratio of -11.41, a price-to-earnings-growth ratio of -0.66 and a beta of 1.20. The company has a debt-to-equity ratio of 0.51, a quick ratio of 3.44 and a current ratio of 12.30. The company has a 50-day simple moving average of C$29.74 and a two-hundred day simple moving average of C$35.10.

Perpetua Resources Company Profile

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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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