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Stock impact report

Assessing Perpetua Resources (TSX:PPTA) Valuation After Strong Recent Share Price Momentum [Yahoo! Finance]

Perpetua Resources Corp. - Common Shares (PPTA) 
Company Research Source: Yahoo! Finance
This has raised fresh questions about valuation. See our latest analysis for Perpetua Resources. Recent trading has been strong, with a 22.76% 7 day share price return and a 16.66% 30 day share price return at a latest share price of CA$41.32, alongside a 137.06% 1 year total shareholder return. This points to building momentum and shifting views around Perpetua Resources' risk and growth profile. If Perpetua's move has you thinking about where else momentum and quality might intersect, it could be a good time to scan fast growing stocks with high insider ownership for other ideas. With Perpetua Resources still loss making but trading at around CA$41 and only a small gap to the current analyst price target, you have to ask: is there still upside here, or is the market already pricing in future growth? On a P/B of 6.9x at a CA$41.32 share price, Perpetua Resources trades well ahead of the broader Canadian metals and mining industry but below its immediate peer set. P/B comp Show less Read more
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