Perpetua Resources (TSE:PPTA) Given a C$19.00 Price Target at National Bankshares

Perpetua Resources (TSE:PPTA) received a C$19.00 price objective from analysts at National Bankshares in a research report issued to clients and investors on Friday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price objective indicates a potential upside of 64.79% from the stock’s previous close.

Perpetua Resources Price Performance

TSE:PPTA traded down C$0.62 during mid-day trading on Friday, reaching C$11.53. 78,168 shares of the company were exchanged, compared to its average volume of 26,705. The company has a quick ratio of 3.44, a current ratio of 1.53 and a debt-to-equity ratio of 0.09. The stock has a market cap of C$744.84 million, a PE ratio of -41.18, a PEG ratio of -0.66 and a beta of 1.28. Perpetua Resources has a 12 month low of C$3.65 and a 12 month high of C$13.10. The company has a fifty day moving average of C$9.40 and a 200 day moving average of C$7.90.

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.