Perseus Mining Limited (AU:PRU) has released an update.
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Perseus Mining Limited reported a robust quarter with strong gold production and cash flow, resulting in a cash and bullion balance of $643 million. Despite a 23% decrease in gold sales due to shipment timing, the company maintained a high average sales price of $2,249 per ounce. Perseus is on track to meet its market guidance for the upcoming periods, with ongoing developments in its projects in Tanzania and a strategic stake acquisition in Predictive Discovery Limited.
For further insights into AU:PRU stock, check out TipRanks’ Stock Analysis page.
