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Perseus Mining ( (AU:PRU) ) has shared an update.
Perseus Mining has announced its five-year gold production outlook, projecting a total recovery of 2.6Moz to 2.7Moz of gold with an average annual production of 515koz to 535koz. The company expects a weighted average All-In Site Cost (AISC) of US$1,400/oz to US$1,500/oz over this period, with a cash operating margin consistently exceeding US$500/oz. Perseus’s strategy includes maintaining a resilient balance sheet, delivering strong operational performance, and deploying discretionary capital for growth and shareholder returns. The outlook is supported by high geological and technical confidence, with 93% of production ounces from existing Ore Reserves.
The most recent analyst rating on (AU:PRU) stock is a Buy with a A$3.80 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 gold mining company with operations in Ghana, Côte d’Ivoire, and Tanzania. The company focuses on producing gold from its portfolio of mines and aims to maintain a sustainable, geopolitically diversified, African-focused gold business.
Average Trading Volume: 5,370,795
Technical Sentiment Signal: Buy
Current Market Cap: A$5.35B
See more data about PRU stock on TipRanks’ Stock Analysis page.