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Perseus Mining ( (AU:PRU) ) has provided an update.
Perseus Mining Limited has announced an update regarding its ongoing share buy-back program, reporting the acquisition of 294,000 ordinary fully paid securities on the previous day, adding to a total of over 14 million securities bought back since the program’s inception. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a proactive approach to managing its financial resources and market presence.
The most recent analyst rating on (AU:PRU) stock is a Buy with a A$3.80 price target. To see the full list of analyst forecasts on Perseus Mining stock, see the AU:PRU Stock Forecast page.
More about Perseus Mining
Perseus Mining Limited operates in the mining industry, focusing primarily on the extraction and production of gold. The company is known for its operations in West Africa, where it manages several gold mines, contributing significantly to the region’s mining sector.
Average Trading Volume: 5,375,353
Technical Sentiment Signal: Buy
Current Market Cap: A$4.64B
See more insights into PRU stock on TipRanks’ Stock Analysis page.