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Perseus Mining ( (AU:PRU) ) has provided an update.
Perseus Mining Limited reported strong operational performance for the June 2025 quarter, achieving significant cash and bullion balance growth to US$827 million. The company produced 121,237 ounces of gold at an all-in site cost (AISC) of US$1,417 per ounce, surpassing production guidance and achieving better cost guidance for the fiscal year. The company also announced a final investment decision for the Nyanzaga Gold Project, with site works progressing on schedule and within budget, aiming for first gold production in January 2027. Perseus’s robust financial position, with zero debt and substantial cash reserves, positions it as a leading mid-tier gold producer with a positive outlook for future growth.
The most recent analyst rating on (AU:PRU) stock is a Buy with a A$3.50 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 is a mid-tier gold producer operating in the mining industry. The company primarily focuses on the production and sale of gold, with operations in Côte d’Ivoire and Ghana. Perseus Mining is listed on the Toronto Stock Exchange (TSX) and the Australian Securities Exchange (ASX) under the ticker PRU.
YTD Price Performance: 39.66%
Average Trading Volume: 5,676,161
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.82B
For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.