Jane Street Group LLC Purchases 2,605 Shares of Perpetua Resources Corp. (NASDAQ:PPTA)

Jane Street Group LLC increased its position in shares of Perpetua Resources Corp. (NASDAQ:PPTA) by 4.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,527 shares of the company’s stock after purchasing an additional 2,605 shares during the period. Jane Street Group LLC owned 0.10% of Perpetua Resources worth $597,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PPTA. Fourth Sail Capital LP bought a new stake in shares of Perpetua Resources during the 3rd quarter valued at $10,405,000. Herr Investment Group LLC raised its position in shares of Perpetua Resources by 5.8% during the 2nd quarter. Herr Investment Group LLC now owns 1,450,498 shares of the company’s stock valued at $7,543,000 after purchasing an additional 80,000 shares during the period. State Street Corp raised its position in shares of Perpetua Resources by 8.8% during the 3rd quarter. State Street Corp now owns 593,502 shares of the company’s stock valued at $5,549,000 after purchasing an additional 48,220 shares during the period. Marshall Wace LLP bought a new stake in shares of Perpetua Resources during the 2nd quarter valued at $197,000. Finally, PEAK6 Investments LLC bought a new stake in shares of Perpetua Resources during the 3rd quarter valued at $243,000. 70.07% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Perpetua Resources

In other Perpetua Resources news, insider Alan Douglas Haslam sold 40,000 shares of Perpetua Resources 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 sale, the insider now directly owns 65,571 shares in the company, valued at approximately $660,299.97. The trade was a 37.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.90% of the stock is currently owned by insiders.

Perpetua Resources Stock Performance

Shares of NASDAQ PPTA opened at $11.08 on Friday. The company has a market cap of $777.52 million, a P/E ratio of -50.36 and a beta of 0.22. The firm’s fifty day moving average is $10.57 and its two-hundred day moving average is $8.72. Perpetua Resources Corp. has a 52-week low of $2.69 and a 52-week high of $13.18.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. HC Wainwright raised their price objective on shares of Perpetua Resources from $13.25 to $22.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Roth Mkm reiterated a “buy” rating and issued a $15.00 price target on shares of Perpetua Resources in a report on Thursday, December 12th.

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.