Perseus Mining Limited (TSE:PRU - Get Free Report) shares were up 1.7% on Wednesday . The company traded as high as C$2.41 and last traded at C$2.39. Approximately 8,354 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 50,383 shares. The stock had previously closed at C$2.35.
Analysts Set New Price Targets
A number of brokerages recently commented on PRU. UBS Group upgraded shares of Perseus Mining to a "strong-buy" rating in a research note on Monday, September 16th. Canaccord Genuity Group raised Perseus Mining to a "strong-buy" rating in a research report on Thursday, October 10th. Finally, Cormark raised their target price on 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.
View Our Latest Research Report on Perseus Mining
Perseus Mining Price Performance
The stock has a market capitalization of C$3.41 billion, a price-to-earnings ratio of 7.72, a price-to-earnings-growth ratio of -0.13 and a beta of 0.99. The company has a current ratio of 4.64, a quick ratio of 2.66 and a debt-to-equity ratio of 0.18. The company's 50 day moving average is C$2.45 and its 200 day moving average is C$2.33.
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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