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Perseus Mining Reports Strong Q3 Performance and Strategic Developments

Story Highlights
  • Perseus Mining reported strong performance with US$801 million in cash and bullion.
  • Significant investment decisions were made for mining operations in Côte d’Ivoire and Tanzania.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Perseus Mining ( (AU:PRU) ) has provided an update.

Perseus Mining Limited reported strong operational performance for the March 2025 quarter, with a cash and bullion balance of US$801 million and zero debt. The company produced 121,605 ounces of gold at an all-in site cost of US$1,209 per ounce, maintaining its production and cost guidance for the financial year. Perseus also made significant investment decisions, including the development of the CMA Underground mining operation in Côte d’Ivoire and the Nyanzaga Gold Mine in Tanzania, which could enhance its industry positioning and stakeholder value.

More about Perseus Mining

Perseus Mining Limited is a mid-tier gold producer operating in the mining industry, with primary operations in Côte d’Ivoire and Ghana. The company focuses on gold production and sales from its three mines: Yaouré, Sissingué, and Edikan.

YTD Price Performance: 30.53%

Average Trading Volume: 44,919

Technical Sentiment Signal: Sell

Current Market Cap: C$3.92B

Learn more about PRU stock on TipRanks’ Stock Analysis page.

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