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Perseus Mining ( (AU:PRU) ) has issued an announcement.
Perseus Mining Limited has provided an updated notification to the Australian Securities Exchange on its ongoing on-market share buy-back program for its ordinary fully paid shares. The update records that a total of 7,973,480 shares had been repurchased before the previous trading day, with an additional 346,474 shares bought back on the most recent day.
The latest filing, dated 11 May 2026, forms part of Perseus Mining’s daily reporting on the buy-back that commenced in late November 2025. The continued execution of the on-market buy-back underscores the company’s active capital management approach, potentially signaling confidence in its valuation and offering incremental support to the share price for existing shareholders.
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 Australia-listed gold mining company, trading under the ASX code PRU and engaged in the production and development of gold assets. The company operates in the resources sector, focusing on extracting and selling gold to global markets, and uses capital management initiatives such as share buy-backs as part of its financial strategy.
YTD Price Performance: -1.97%
Average Trading Volume: 4,655,350
Technical Sentiment Signal: Buy
Current Market Cap: A$7.42B
See more insights into PRU stock on TipRanks’ Stock Analysis page.