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Perseus Mining Updates on Share Buy-Back Progress

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Perseus Mining Updates on Share Buy-Back Progress

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An update from Perseus Mining ( (AU:PRU) ) is now available.

Perseus Mining Limited has announced an update on its ongoing share buy-back program, with a total of 1,404,495 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 17,289,797 securities. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.

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, focusing primarily 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 enhance its market presence and shareholder value.

YTD Price Performance: 38.88%

Average Trading Volume: 5,990,178

Technical Sentiment Signal: Buy

Current Market Cap: A$4.82B

For an in-depth examination of PRU stock, go to TipRanks’ Overview page.

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