2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. decreased its stake in Perpetua Resources Corp. ( NASDAQ:PPTA – Free Report ) by 35.
5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 254,203 shares of the company’s stock after selling 140,182 shares during the quarter. Russell Investments Group Ltd.
’s holdings in Perpetua Resources were worth $2,712,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also modified their holdings of PPTA. ExodusPoint Capital Management LP purchased a new position in Perpetua Resources in the fourth quarter valued at about $140,000.
Lane & Associates LLC increased its holdings in Perpetua Resources by 24.0% in the fourth quarter. Lane & Associates LLC now owns 15,987 shares of the company’s stock worth $189,000 after buying an additional 3,095 shares during the last quarter.
Wells Fargo & Company MN raised its position in Perpetua Resources by 57.2% during the fourth quarter. Wells Fargo & Company MN now owns 18,644 shares of the company’s stock valued at $199,000 after acquiring an additional 6,783 shares in the last quarter.
SG Americas Securities LLC lifted its stake in Perpetua Resources by 48.1% in the fourth quarter. SG Americas Securities LLC now owns 19,870 shares of the company’s stock valued at $212,000 after acquiring an additional 6,454 shares during the last quarter.
Finally, Rothschild Investment LLC bought a new stake in Perpetua Resources in the fourth quarter worth approximately $214,000. 70.07% of the stock is currently owned by hedge funds and other institutional investors.
Perpetua Resources Trading Down 1.5 % NASDAQ:PPTA opened at $13.15 on Friday.
The firm has a market capitalization of $928.51 million, a PE ratio of -59.77 and a beta of 0.
12. Perpetua Resources Corp. has a 1 year low of $4.
96 and a 1 year high of $13.81. The firm’s fifty day simple moving average is $10.
24 and its 200 day simple moving average is $10.58. Insiders Place Their Bets In related news, Director Andrew Phillip Cole purchased 9,450 shares of Perpetua Resources stock in a transaction on Monday, February 24th.
The stock was purchased at an average cost of $7.99 per share, with a total value of $75,505.50.
Following the acquisition, the director now directly owns 9,450 shares in the company, valued at approximately $75,505.50. This trade represents a ∞ increase in their ownership of the stock.
The acquisition was disclosed in a filing with the SEC, which is accessible through this link . Also, insider Alan Douglas Haslam sold 10,400 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $9.
24, for a total transaction of $96,096.00. Following the transaction, the insider now owns 65,763 shares in the company, valued at approximately $607,650.
12. The trade was a 13.65 % decrease in their position.
The disclosure for this sale can be found here . In the last three months, insiders have acquired 20,230 shares of company stock valued at $166,582 and have sold 53,110 shares valued at $516,398. Company insiders own 1.
90% of the company’s stock. Analyst Upgrades and Downgrades A number of research analysts have recently weighed in on PPTA shares. HC Wainwright raised their price target on shares of Perpetua Resources from $25.
00 to $28.00 and gave the company a “buy” rating in a report on Friday, March 21st. National Bankshares restated an “outperform” rating on shares of Perpetua Resources in a report on Wednesday, April 2nd.
Roth Mkm upped their price target on Perpetua Resources from $15.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th.
Finally, National Bank Financial raised Perpetua Resources to a “strong-buy” rating in a research note on Friday, March 21st. Get Our Latest Research Report on Perpetua Resources Perpetua Resources Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding PPTA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Perpetua Resources Corp. ( NASDAQ:PPTA – Free Report ). Receive News & Ratings for Perpetua Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perpetua Resources and related companies with MarketBeat.
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