Perseus Mining Limited (TSE:PRU - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.28 and traded as high as C$2.58. Perseus Mining shares last traded at C$2.55, with a volume of 6,700 shares changing hands.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the stock. Cormark raised their price target on shares of Perseus Mining from C$2.60 to C$2.70 and gave the stock a "moderate buy" rating in a research report on Thursday, August 29th. UBS Group upgraded shares of Perseus Mining to a "strong-buy" rating in a research report on Monday, September 16th. Finally, Canaccord Genuity Group upgraded Perseus Mining to a "strong-buy" rating in a research note on Thursday, October 10th.
Read Our Latest Stock Analysis on Perseus Mining
Perseus Mining Price Performance
The stock has a market cap of C$3.35 billion, a price-to-earnings ratio of 7.59, a price-to-earnings-growth 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. The business's 50-day simple moving average is C$2.44 and its two-hundred day simple moving average is C$2.28.
About Perseus Mining
(
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Perseus Mining Limited, together with its subsidiaries, explores, evaluates, develops, and mines for gold properties in West Africa. The company holds interests in the Edikan gold mine project located in Ghana; and the Sissingué and Yaouré gold mine projects located in Republic of Côte d'Ivoire.
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