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Perseus Mining ( (AU:PRU) ) has shared an announcement.
Perseus Mining Limited has announced an update regarding its ongoing share buy-back program, detailing the acquisition of 598,397 ordinary fully paid shares on the previous day, bringing the total number of shares bought back to 20,079,559. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach in optimizing its financial operations.
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 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 engaged in activities that cater to the global demand for precious metals.
Average Trading Volume: 6,136,219
Technical Sentiment Signal: Buy
Current Market Cap: A$4.59B
For a thorough assessment of PRU stock, go to TipRanks’ Stock Analysis page.