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Perseus Mining (TSE:PRU) Share Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Perseus Mining logo with Basic Materials background

Shares of Perseus Mining Limited (TSE:PRU - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.35 and traded as low as C$2.24. Perseus Mining shares last traded at C$2.28, with a volume of 12,567 shares changing hands.

Analyst Ratings Changes

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

Check Out Our Latest Report on PRU

Perseus Mining Stock Performance

The stock has a fifty day moving average price of C$2.41 and a 200 day moving average price of C$2.35. The stock has a market cap of C$3.15 billion, a PE ratio of 7.13, a PEG ratio of -0.13 and a beta of 0.99. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.66 and a current ratio of 4.64.

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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