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Perseus Mining (TSE:PRU) Stock Price Crosses Above 200-Day Moving Average - What's Next?

Perseus Mining logo with Basic Materials background

Perseus Mining Limited (TSE:PRU - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.37 and traded as high as C$2.45. Perseus Mining shares last traded at C$2.44, with a volume of 25,384 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised Perseus Mining to a "strong-buy" rating in a report on Thursday, October 10th.

Get Our Latest Stock Report on PRU

Perseus Mining Price Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 4.64 and a quick ratio of 2.66. The company has a 50 day moving average price of C$2.36 and a 200 day moving average price of C$2.37. The firm has a market cap of C$3.42 billion, a PE ratio of 7.75, a PEG ratio of -0.13 and a beta of 0.99.

Perseus Mining Company Profile

(Get Free Report)

Perseus Mining Ltd is engaged in the exploration, evaluation, development, and mining of gold properties in West Africa. The company projects are Sissingue Gold Mine, Edikan Gold Mine in Ghana, and Yaoure Gold Project.

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