Perpetua Resources Corp. (NASDAQ:PPTA) Shares Acquired by Continuum Advisory LLC

Continuum Advisory LLC boosted its holdings in Perpetua Resources Corp. (NASDAQ:PPTA) by 500.0% during the 3rd quarter, Holdings Channel reports. The fund owned 4,800 shares of the company’s stock after acquiring an additional 4,000 shares during the quarter. Continuum Advisory LLC’s holdings in Perpetua Resources were worth $44,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD acquired a new position in shares of Perpetua Resources during the first quarter valued at $51,000. Bank of New York Mellon Corp raised its position in shares of Perpetua Resources by 20.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 107,551 shares of the company’s stock worth $559,000 after buying an additional 17,954 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in shares of Perpetua Resources in the 2nd quarter worth approximately $70,000. Rhumbline Advisers boosted its holdings in shares of Perpetua Resources by 51.0% in the second quarter. Rhumbline Advisers now owns 49,450 shares of the company’s stock valued at $257,000 after acquiring an additional 16,698 shares in the last quarter. Finally, National Bank of Canada FI increased its stake in shares of Perpetua Resources by 37.5% during the second quarter. National Bank of Canada FI now owns 55,000 shares of the company’s stock valued at $281,000 after acquiring an additional 15,000 shares during the period. Institutional investors own 70.07% of the company’s stock.

Insider Transactions at Perpetua Resources

In other Perpetua Resources news, insider Alan Douglas Haslam sold 40,000 shares of the business’s stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $10.07, for a total transaction of $402,800.00. Following the sale, the insider now owns 65,571 shares in the company, valued at approximately $660,299.97. The trade was a 37.89 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Perpetua Resources Stock Performance

Shares of NASDAQ:PPTA opened at $11.81 on Friday. Perpetua Resources Corp. has a 1-year low of $2.69 and a 1-year high of $13.18. The company has a 50 day moving average price of $10.01 and a 200 day moving average price of $8.18.

Wall Street Analysts Forecast Growth

PPTA has been the subject of a number of research analyst reports. HC Wainwright upped their target price on Perpetua Resources from $13.25 to $22.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. National Bank Financial initiated coverage on Perpetua Resources in a research note on Friday, September 6th. They set an “outperform” rating for the company. Finally, Roth Mkm reiterated a “buy” rating and issued a $15.00 price target on shares of Perpetua Resources in a research report on Thursday.

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.