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Perseus Mining ( (AU:PRU) ) has shared an update.
Perseus Mining has refinanced and upsized its syndicated revolving corporate debt facility from US$300 million to US$400 million, with an additional US$100 million accordion option and a three-year term plus options to extend for two further years. The facility, secured on materially improved pricing with a 125-basis-point margin reduction and more flexible covenants, lifts Perseus’s available liquidity to over US$1.237 billion when combined with its US$837 million net cash as at 30 September 2025. Strong demand from a consortium of eight international banks, including two new lenders, resulted in the facility being more than fully subscribed, signalling market confidence in Perseus’s asset base, credit profile and future cash flows, and positioning the company to fund its five-year growth outlook while continuing capital returns to shareholders.
The most recent analyst rating on (AU:PRU) stock is a Hold with a A$5.70 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 West Africa-focused gold producer listed on the ASX and TSX, operating multiple gold mines and pursuing growth opportunities across its project pipeline. The company targets sustained production, disciplined capital management and shareholder returns through dividends and share buybacks, supported by a strong balance sheet and access to corporate debt facilities.
Average Trading Volume: 5,591,819
Technical Sentiment Signal: Buy
Current Market Cap: A$7.5B
For an in-depth examination of PRU stock, go to TipRanks’ Overview page.