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Perseus Mining ( (AU:PRU) ) just unveiled an update.
Perseus Mining Limited has announced an update on its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 21,853,092 ordinary fully paid securities, with an additional 580,761 securities bought back on the previous day. This buy-back initiative is part of Perseus Mining’s strategy to optimize its capital structure and enhance shareholder value, reflecting its robust financial position and commitment to returning capital to shareholders.
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, focusing primarily on the extraction and production of gold. The company is known for its operations in West Africa, where it manages several gold mines, contributing significantly to the regional economy and the global gold market.
Average Trading Volume: 6,044,272
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.68B
For a thorough assessment of PRU stock, go to TipRanks’ Stock Analysis page.