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Perseus Mining Updates on Market Buy-Back Progress

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Perseus Mining Updates on Market Buy-Back Progress

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

Perseus Mining Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 19,487,014 ordinary fully paid securities have been bought back to date, with an additional 592,545 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

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 operates in the mining industry, primarily focusing on the extraction and production of gold. The company is listed on the Australian Securities Exchange under the code PRU and is involved in various mining projects across different regions.

Average Trading Volume: 6,075,755

Technical Sentiment Signal: Buy

Current Market Cap: A$4.75B

Learn more about PRU stock on TipRanks’ Stock Analysis page.

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