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Perseus Mining (TSE:PRU) Shares Cross Below 200 Day Moving Average - Here's What Happened

Perseus Mining logo with Basic Materials background

Shares of Perseus Mining Limited (TSE:PRU - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.36 and traded as low as C$2.32. Perseus Mining shares last traded at C$2.32, with a volume of 12,114 shares traded.

Analyst Ratings Changes

A number of research analysts have recently commented on PRU shares. Canaccord Genuity Group upgraded Perseus Mining to a "strong-buy" rating in a research note on Thursday, October 10th. UBS Group upgraded shares of Perseus Mining to a "strong-buy" rating in a report on Monday, September 16th.

Check Out Our Latest Report on PRU

Perseus Mining Stock Up 0.9 %

The stock's 50 day simple moving average is C$2.38 and its two-hundred day simple moving average is C$2.36. The firm has a market cap of C$3.23 billion, a P/E ratio of 7.31, a P/E/G ratio of -0.13 and a beta of 0.99. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.64 and a quick ratio of 2.66.

About Perseus Mining

(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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