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Perseus Mining ( (AU:PRU) ) has shared an announcement.
Perseus Mining Limited has updated its Mineral Resources and Ore Reserves estimates as of June 30, 2025, reporting a total of 7.8 million ounces of gold in Measured and Indicated Mineral Resources and 5.0 million ounces in Proved and Probable Ore Reserves. The company has increased its Ore Reserves by 2.1 million ounces compared to the previous year, reflecting its strategic focus on optimizing its portfolio rather than adhering to fixed investment targets. This update highlights Perseus’s ongoing efforts to enhance its resource base and strengthen its position in the gold mining industry.
The most recent analyst rating on (AU:PRU) stock is a Buy with a A$4.85 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 mining company based in Perth, Western Australia, primarily engaged in the exploration, development, and production of gold. The company operates several gold mines, including Edikan, Sissingué, and Yaouré, and holds significant interests in the Nyanzaga Gold Project. Perseus focuses on optimizing its portfolio to balance growth opportunities and cash margin generation.
Average Trading Volume: 5,222,200
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.81B
See more insights into PRU stock on TipRanks’ Stock Analysis page.