Perpetua Resources Corp. (NASDAQ:PPTA) Shares Bought by Lane & Associates LLC

Lane & Associates LLC grew its holdings in shares of Perpetua Resources Corp. (NASDAQ:PPTA) by 24.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,987 shares of the company’s stock after purchasing an additional 3,095 shares during the period. Lane & Associates LLC’s holdings in Perpetua Resources were worth $189,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of PPTA. Fourth Sail Capital LP acquired a new stake in shares of Perpetua Resources in the 3rd quarter worth about $10,405,000. Ninety One UK Ltd acquired a new stake in shares of Perpetua Resources in the 4th quarter worth about $1,693,000. State Street Corp increased its holdings in shares of Perpetua Resources by 8.8% in the 3rd quarter. State Street Corp now owns 593,502 shares of the company’s stock worth $5,549,000 after acquiring an additional 48,220 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Perpetua Resources by 232.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 57,158 shares of the company’s stock worth $534,000 after acquiring an additional 39,954 shares during the period. Finally, Barclays PLC increased its holdings in shares of Perpetua Resources by 63.4% in the 3rd quarter. Barclays PLC now owns 74,119 shares of the company’s stock worth $694,000 after acquiring an additional 28,746 shares during the period. 70.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on PPTA. Roth Mkm increased their price objective on shares of Perpetua Resources from $15.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. HC Wainwright increased their price objective on shares of Perpetua Resources from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th.

Perpetua Resources Trading Down 0.8 %

Shares of PPTA opened at $9.23 on Friday. The firm has a 50-day moving average price of $11.55 and a 200 day moving average price of $10.02. 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.