Perpetua Resources Corp. (NASDAQ:PPTA) Stock Holdings Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in shares of Perpetua Resources Corp. (NASDAQ:PPTA) by 232.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,158 shares of the company’s stock after purchasing an additional 39,954 shares during the period. JPMorgan Chase & Co. owned 0.08% of Perpetua Resources worth $534,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of PPTA. Fourth Sail Capital LP bought a new position in Perpetua Resources during the third quarter valued at about $10,405,000. State Street Corp boosted its holdings in Perpetua Resources by 8.8% during the third quarter. State Street Corp now owns 593,502 shares of the company’s stock worth $5,549,000 after buying an additional 48,220 shares in the last quarter. Geode Capital Management LLC grew its position in Perpetua Resources by 0.5% in the third 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 last quarter. Barclays PLC increased its holdings in shares of Perpetua Resources by 63.4% in the third quarter. Barclays PLC now owns 74,119 shares of the company’s stock valued at $694,000 after buying an additional 28,746 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of 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 last quarter. Institutional investors own 70.07% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on PPTA. HC Wainwright upped their price objective on shares of Perpetua Resources from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. Roth Mkm upped their price target on shares of Perpetua Resources from $15.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th.

Perpetua Resources Stock Performance

Shares of NASDAQ PPTA opened at $11.38 on Wednesday. The stock has a market cap of $799.67 million, a price-to-earnings ratio of -51.73 and a beta of 0.19. The business has a 50 day simple moving average of $11.31 and a 200 day simple moving average of $9.47. Perpetua Resources Corp. has a 52 week low of $2.69 and a 52 week high of $13.23.

Perpetua Resources Company 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.