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Van Eck Reduces Stake in Perseus Mining Limited

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Van Eck Reduces Stake in Perseus Mining Limited

Perseus Mining Limited ( (AU:PRU) ) just unveiled an update.

Van Eck Associates Corporation has reduced its substantial holding in Perseus Mining Limited, decreasing its voting power from 8.87% to 7.56%. This change in shareholding reflects a shift in investment strategy by Van Eck, which could impact Perseus Mining’s market perception and investor relations.

More about Perseus Mining Limited

Perseus Mining Limited operates in the mining industry, focusing on the extraction and production of gold. The company is engaged in gold mining operations and development projects, primarily in West Africa, with a market focus on increasing its gold production and expanding its resource base.

YTD Price Performance: 25.66%

Average Trading Volume: 31,081

Technical Sentiment Signal: Sell

Current Market Cap: C$3.93B

See more insights into PRU stock on TipRanks’ Stock Analysis page.

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