Perseus Mining (TSE:PRU) Raised to “Strong-Buy” at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Perseus Mining (TSE:PRU) to a strong-buy rating in a research report report published on Thursday, Zacks.com reports.

Several other equities research analysts have also recently weighed in on the company. Cormark increased their price objective on Perseus Mining from C$2.60 to C$2.70 and gave the stock a moderate buy rating in a report on Thursday, August 29th. UBS Group upgraded Perseus Mining to a strong-buy rating in a report on Monday, September 16th.

Perseus Mining Trading Up 2.4 %

Shares of PRU stock opened at C$2.51 on Thursday. The stock has a market capitalization of C$3.46 billion, a PE ratio of 7.84, a P/E/G ratio of -0.13 and a beta of 0.99. Perseus Mining has a 1-year low of C$1.35 and a 1-year high of C$2.63. The business has a 50-day moving average of C$2.32 and a 200 day moving average of C$2.20. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.64 and a quick ratio of 2.66.

Perseus Mining Company Profile

Perseus Mining Limited, together with its subsidiaries, explores, evaluates, develops, and mines for gold properties in West Africa. The company holds interests in the Edikan gold mine project located in Ghana; and the Sissingué and Yaouré gold mine projects located in Republic of Côte d'Ivoire.