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insider Wright Michael Stephen sale 6,500 shares of Perpetua Resources Corp [PPTA]

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 $90,025 were sold by Wright Michael Stephen on Apr 24 ’25. At $13.85 per share, Wright Michael Stephen sold 6,500 shares. The insider’s holdings dropped to 14,195 shares worth approximately $0.21 million following the completion of this transaction.

Also, Lyon Mckinsey Margaret sold 20,000 shares, netting a total of over 220,000 in proceeds. Following the sale of shares at $11.00 each, the insider now holds 89,154 shares.

Before that, Lyon Mckinsey Margaret had sold 22,710 shares from its account. In a trade valued at $200,302, the insider traded Perpetua Resources Corp shares for $8.82 each. Upon closing the transaction, the insider’s holdings decreased to 22,710 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 -3.41%. Over the course of the year, Perpetua Resources Corp shares have jumped approximately 35.52%. Shares of the company reached a 52-week high of $15.44 on 05/02/25 and a 52-week low of $7.81 on 02/24/25. A 50-day SMA is recorded $11.53, while a 200-day SMA reached $10.18.

Support And Resistance Levels for Perpetua Resources Corp (PPTA)

According to the 24-hour chart, there is a support level at 14.26, which, if violated, would cause prices to drop to 14.05. In the upper region, resistance lies at 14.78. The next price resistance is at 15.10. RSI (Relative Strength Index) is 61.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.39, which suggests the price will decrease in the coming days. Percent R is at 35.00%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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