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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.