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

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

Separately, Cormark boosted their price target on Perseus Mining from C$2.60 to C$2.70 and gave the company a moderate buy rating in a research note on Thursday, August 29th.

Perseus Mining Stock Up 6.1 %

Shares of PRU opened at C$2.44 on Monday. 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 company has a 50-day moving average price of C$2.32 and a two-hundred day moving average price of C$2.14. The stock has a market cap of C$3.37 billion, a price-to-earnings ratio of 7.63, a P/E/G ratio of -0.13 and a beta of 0.99. Perseus Mining has a 12 month low of C$1.32 and a 12 month high of C$2.63.

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.