Perpetua Resources Corp (NASDAQ:PPTA) shares, rose in value on Friday, March 28, with the stock price down by -1.17% to the previous day’s close as strong demand from buyers drove the stock to $10.95.
Actively observing the price movement in the last trading, the stock closed the session at $11.08, falling within a range of $10.855 and $11.215. The value of beta (5-year monthly) was 1.055. Referring to stock’s 52-week performance, its high was $13.23, and the low was $4.07. On the whole, PPTA has fluctuated by 32.57% over the past month.
With the market capitalization of Perpetua Resources Corp currently standing at about $780.24 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PPTA’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of PPTA currently trading nearly 9.30% and 3.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.49, while the 7-day volatility ratio is showing 3.34% which for the 30-day chart, stands at 5.72%. Furthermore, Perpetua Resources Corp (PPTA)’s beta value is 1.00, and its average true range (ATR) is 0.57.
A comparison of Perpetua Resources Corp (PPTA) with its peers suggests the former has fared considerably weaker in the market. PPTA showed an intraday change of -1.17% in last session, and over the past year, it grew by 170.37%%.
Data on historical trading for Perpetua Resources Corp (NASDAQ:PPTA) indicates that the trading volumes over the past 10 days have averaged 1.29 and over the past 3 months, they’ve averaged 940.13K. According to company’s latest data on outstanding shares, there are 71.25 million shares outstanding.
Nearly 0.89% of Perpetua Resources Corp’s shares belong to company insiders and institutional investors own 67.40% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.36 million shares as on 2025-03-14, resulting in a short ratio of 3.14. According to the data, the short interest in Perpetua Resources Corp (PPTA) stood at 735.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.65 million. The stock has risen by 2.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PPTA stock heading into the next quarter.
