Perseus Mining (TSE:PRU) PT Raised to C$2.70 at Cormark

Perseus Mining (TSE:PRU) had its price target increased by equities researchers at Cormark from C$2.60 to C$2.70 in a note issued to investors on Thursday, BayStreet.CA reports. Cormark’s price objective would suggest a potential upside of 12.50% from the company’s current price.

Perseus Mining Price Performance

PRU stock opened at C$2.40 on Thursday. The stock has a 50-day moving average price of C$2.29 and a two-hundred day moving average price of C$2.06. Perseus Mining has a 1 year low of C$1.32 and a 1 year high of C$2.63. The stock has a market cap of C$3.31 billion, a PE ratio of 7.50, a price-to-earnings-growth ratio of -0.13 and a beta of 0.96. The company has a current ratio of 4.64, a quick ratio of 2.66 and a debt-to-equity ratio of 0.18.

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.