Perpetua Resources Corp. (NASDAQ:PPTA) Insider Alan Douglas Haslam Sells 10,400 Shares of Stock

Perpetua Resources Corp. (NASDAQ:PPTA) insider Alan Douglas Haslam sold 10,400 shares of Perpetua Resources stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $9.24, for a total value of $96,096.00. Following the sale, the insider now directly owns 65,763 shares of the company’s stock, valued at $607,650.12. This trade represents a 13.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Perpetua Resources Price Performance

NASDAQ PPTA opened at $8.35 on Friday. The stock’s fifty day moving average is $11.48 and its two-hundred day moving average is $10.04. Perpetua Resources Corp. has a fifty-two week low of $2.69 and a fifty-two week high of $13.23.

Institutional Investors Weigh In On Perpetua Resources

Several institutional investors and hedge funds have recently modified their holdings of PPTA. Ancora Advisors LLC purchased a new stake in Perpetua Resources during the 4th quarter worth about $37,000. Continuum Advisory LLC boosted its position in shares of Perpetua Resources by 500.0% in the 3rd quarter. Continuum Advisory LLC now owns 4,800 shares of the company’s stock valued at $44,000 after purchasing an additional 4,000 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of Perpetua Resources in the 4th quarter valued at about $55,000. Intech Investment Management LLC acquired a new stake in Perpetua Resources during the 3rd quarter worth approximately $98,000. Finally, ProShare Advisors LLC acquired a new stake in Perpetua Resources during the 4th quarter worth approximately $116,000. Hedge funds and other institutional investors own 70.07% of the company’s stock.

Analyst Ratings Changes

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

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.