H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Perpetua Resources (PPTA – Research Report) yesterday and set a price target of $8.50. The company’s shares closed today at $1.77.
According to TipRanks, Ihle is an analyst with an average return of -19.9% and a 23.37% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Uranium Energy, Gold Resource, and Golden Minerals Co.
Perpetua Resources has an analyst consensus of Moderate Buy, with a price target consensus of $8.50.
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The company has a one-year high of $5.94 and a one-year low of $1.69. Currently, Perpetua Resources has an average volume of 63.77K.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PPTA in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Midas Gold Corp. engages in mineral exploration. The firm operates through the following segment Mineral Exploration: The Mineral Exploration segment focuses on exploration, evaluation and potential development of the Stibnite Gold Project. The company was founded on February 22, 2011 and is headquartered in Vancouver, Canada.
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