Cormark Boosts Perseus Mining (TSE:PRU) Price Target to C$2.70

Perseus Mining (TSE:PRU) had its price objective raised by analysts at Cormark from C$2.60 to C$2.70 in a report issued on Thursday, BayStreet.CA reports. Cormark’s price objective suggests a potential upside of 9.76% from the stock’s current price.

Perseus Mining Trading Up 1.2 %

Shares of PRU stock traded up C$0.03 during trading hours on Thursday, hitting C$2.46. 159,755 shares of the company were exchanged, compared to its average volume of 49,738. Perseus Mining has a 1 year low of C$1.32 and a 1 year high of C$2.63. The firm has a market cap of C$3.39 billion, a PE ratio of 7.69, a PEG ratio of -0.13 and a beta of 0.96. The company has a quick ratio of 2.66, a current ratio of 4.64 and a debt-to-equity ratio of 0.18. The firm has a fifty day moving average of C$2.28 and a 200 day moving average of C$2.05.

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.