Great week for Perpetua Resources Corp. (TSE:PPTA) hedge funds investors after losing 16% over the previous year

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Key Insights

  • Significantly high institutional ownership implies Perpetua Resources’ stock price is sensitive to their trading actions
  • The top 3 shareholders own 54% of the company
  • Insiders have been buying lately

Every investor in Perpetua Resources Corp. (TSE:PPTA) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are hedge funds with 46% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Hedge funds investors would appreciate the 12% increase in share price last week, given their one-year losses have totalled a disappointing 16%.

In the chart below, we zoom in on the different ownership groups of Perpetua Resources.

Check out our latest analysis for Perpetua Resources

TSX:PPTA Ownership Breakdown March 2nd 2024

What Does The Institutional Ownership Tell Us About Perpetua Resources?

Read more…

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