Virtu Financial LLC Buys 10,463 Shares of Perpetua Resources Corp. (NASDAQ:PPTA)

Virtu Financial LLC raised its position in shares of Perpetua Resources Corp. (NASDAQ:PPTA) by 43.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,478 shares of the company’s stock after purchasing an additional 10,463 shares during the period. Virtu Financial LLC owned 0.05% of Perpetua Resources worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of PPTA. Barclays PLC increased its stake in shares of Perpetua Resources by 63.4% in the third quarter. Barclays PLC now owns 74,119 shares of the company’s stock worth $694,000 after purchasing an additional 28,746 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Perpetua Resources by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 484,829 shares of the company’s stock worth $4,533,000 after buying an additional 2,252 shares during the period. Continuum Advisory LLC grew its stake in 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 buying an additional 4,000 shares in the last quarter. Jane Street Group LLC raised its holdings in Perpetua Resources by 4.3% during the 3rd quarter. Jane Street Group LLC now owns 63,527 shares of the company’s stock valued at $597,000 after acquiring an additional 2,605 shares during the period. Finally, Wolverine Trading LLC purchased a new stake in shares of Perpetua Resources during the third quarter worth $241,000. 70.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on PPTA shares. National Bank Financial assumed coverage on Perpetua Resources in a research note on Friday, September 6th. They set an “outperform” rating on the stock. HC Wainwright lifted their target price on Perpetua Resources from $13.25 to $22.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Roth Mkm reissued a “buy” rating and issued a $15.00 price target on shares of Perpetua Resources in a report on Thursday, December 12th.

Perpetua Resources Stock Performance

Shares of PPTA stock opened at $12.39 on Tuesday. Perpetua Resources Corp. has a 52-week low of $2.69 and a 52-week high of $13.18. The business’s fifty day moving average is $10.13 and its 200 day moving average is $8.29. The company has a market capitalization of $869.41 million, a PE ratio of -56.32 and a beta of 0.22.

Insider Buying and Selling at Perpetua Resources

In other news, insider Alan Douglas Haslam sold 40,000 shares of the stock in a transaction on Friday, October 18th. The shares were sold at an average price of $10.07, for a total value of $402,800.00. Following the transaction, the insider now owns 65,571 shares of the company’s stock, valued at $660,299.97. This represents a 37.89 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.90% of the company’s stock.

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.