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Perseus Mining Updates Daily On-Market Share Buy-Back

Story Highlights
  • Perseus Mining issued an updated ASX notice detailing daily progress in its ongoing on-market share buy-back program.
  • The miner has repurchased more than seven million shares to date, underscoring its active capital management and potential support for shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perseus Mining Updates Daily On-Market Share Buy-Back

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Perseus Mining ( (AU:PRU) ) has shared an announcement.

Perseus Mining Limited has provided an updated notification to the ASX regarding its on-market share buy-back program for ordinary fully paid shares. The company reported that a total of 7,167,828 shares had been repurchased before the previous day, with an additional 262,122 shares bought back on the previous trading day.

The filing, dated 6 May 2026, is a daily update to an ongoing buy-back that was initially notified in November 2025. Regular disclosure of repurchase volumes signals continued execution of the capital management strategy, which may support earnings per share and indicates management’s confidence in the company’s valuation.

The most recent analyst rating on (AU:PRU) stock is a Buy with a A$6.50 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 an ASX-listed gold mining company, trading under the ticker PRU. It operates in the precious metals sector and its primary securities are ordinary fully paid shares, which are actively traded on the Australian Securities Exchange.

Average Trading Volume: 4,688,112

Technical Sentiment Signal: Buy

Current Market Cap: A$7.32B

For an in-depth examination of PRU stock, go to TipRanks’ Overview page.

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