tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Perseus Mining Updates on On-Market Buy-Back Program

Story Highlights
Perseus Mining Updates on On-Market Buy-Back Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Perseus Mining ( (AU:PRU) ) just unveiled an update.

Perseus Mining Limited has announced an update regarding its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 24,028,281 securities, with 557,555 securities repurchased on the previous day. This buy-back initiative is part of Perseus Mining’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$4.15 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 company operating in the mining industry, primarily focused 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 operations across different regions.

YTD Price Performance: 40.05%

Average Trading Volume: 5,493,414

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$4.83B

For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1