Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Perseus Mining ( (AU:PRU) ) is now available.
Perseus Mining Limited has announced an update regarding its ongoing buy-back program, where it repurchased a total of 593,471 ordinary fully paid securities on the previous day, adding to the cumulative total of 20,677,956 securities bought back. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial position.
The most recent analyst rating on (AU:PRU) stock is a Buy with a A$3.70 price target. To see the full list of analyst forecasts on Perseus Mining stock, see the AU:PRU Stock Forecast page.
More about Perseus Mining
Perseus Mining Limited operates in the mining industry, focusing primarily on the extraction and production of gold. The company is known for its mining operations in West Africa, where it aims to leverage its resources to maintain a competitive position in the gold market.
YTD Price Performance: 31.82%
Average Trading Volume: 6,202,661
Technical Sentiment Signal: Buy
Current Market Cap: A$4.56B
For a thorough assessment of PRU stock, go to TipRanks’ Stock Analysis page.