Barclays PLC Purchases 28,746 Shares of Perpetua Resources Corp. (NASDAQ:PPTA)

Barclays PLC grew its position in shares of Perpetua Resources Corp. (NASDAQ:PPTA) by 63.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 74,119 shares of the company’s stock after buying an additional 28,746 shares during the quarter. Barclays PLC owned approximately 0.11% of Perpetua Resources worth $694,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in PPTA. Continuum Advisory LLC increased its stake in shares of Perpetua Resources by 500.0% in the third 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. Intech Investment Management LLC acquired a new stake in Perpetua Resources in the 3rd quarter valued at about $98,000. Quantbot Technologies LP acquired a new stake in Perpetua Resources in the 3rd quarter valued at about $123,000. SG Americas Securities LLC bought a new position in shares of Perpetua Resources in the third quarter worth about $125,000. Finally, American Century Companies Inc. acquired a new position in shares of Perpetua Resources during the second quarter worth approximately $124,000. 70.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

PPTA has been the subject of a number of research reports. HC Wainwright raised their price target on shares of Perpetua Resources from $22.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. Roth Mkm lifted their target price on Perpetua Resources from $15.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th.

Perpetua Resources Trading Up 2.7 %

Perpetua Resources stock opened at $11.71 on Friday. The company has a market cap of $821.69 million, a PE ratio of -53.23 and a beta of 0.19. Perpetua Resources Corp. has a 1 year low of $2.69 and a 1 year high of $13.23. The company’s 50-day moving average is $10.90 and its two-hundred day moving average is $9.06.

Perpetua Resources Profile

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.