Perseus Mining (TSE:PRU) Upgraded to Strong-Buy by UBS Group

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

Separately, Cormark lifted their price target on shares of Perseus Mining from C$2.60 to C$2.70 and gave the stock a moderate buy rating in a research report on Thursday, August 29th.

Perseus Mining Trading Up 6.1 %

Shares of TSE PRU opened at C$2.44 on Monday. Perseus Mining has a 1-year low of C$1.32 and a 1-year high of C$2.63. The company has a market cap of C$3.37 billion, a PE ratio of 7.63, a P/E/G ratio of -0.13 and a beta of 0.99. The company has a current ratio of 4.64, a quick ratio of 2.66 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average of C$2.32 and a two-hundred day moving average of C$2.14.

About Perseus Mining

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.