The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Perpetua Resources Corp shares valued at $200,302 were sold by Lyon Mckinsey Margaret on Mar 05 ’25. At $8.82 per share, Lyon Mckinsey Margaret sold 22,710 shares. The insider’s holdings dropped to 89,154 shares worth approximately $0.97 million following the completion of this transaction.
Also, Largent Jessica Marie sold 25,162 shares, netting a total of over 221,929 in proceeds. Following the sale of shares at $8.82 each, the insider now holds 182,544 shares.
Before that, Haslam Alan Douglas had sold 23,008 shares from its account. In a trade valued at $202,931, the insider traded Perpetua Resources Corp shares for $8.82 each. Upon closing the transaction, the insider’s holdings decreased to 23,008 shares, worth approximately $1.29 million.
As published in their initiating research note from National Bank Financial on September 06, 2024, Perpetua Resources Corp [PPTA] has been an Outperform. Analysts at ROTH Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of August 25, 2021, B. Riley Securities has initiated its “Buy” rating for PPTA. Earlier on June 22, 2021, H.C. Wainwright initiated its rating. Their recommendation was “a Buy” for PPTA stock.
Analyzing PPTA Stock Performance
During the last five days, there has been a drop of approximately -2.06%. Over the course of the year, Perpetua Resources Corp shares have jumped approximately 2.34%. Shares of the company reached a 52-week high of $13.23 on 01/06/25 and a 52-week low of $7.81 on 02/24/25. A 50-day SMA is recorded $10.57, while a 200-day SMA reached $9.19.
Support And Resistance Levels for Perpetua Resources Corp (PPTA)
According to the 24-hour chart, there is a support level at 10.72, which, if violated, would cause prices to drop to 10.52. In the upper region, resistance lies at 11.17. The next price resistance is at 11.42. RSI (Relative Strength Index) is 57.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.86, which suggests the price will decrease in the coming days. Percent R is at 21.43%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
