Perseus Mining (TSE:PRU) Hits New 1-Year High - Here's What Happened

Key Points

• Perseus Mining Limited shares reached a new 52-week high, trading at C$4.50, up from a previous close of C$4.37.
• The company has a market capitalization of C$6.01 billion and operates gold mining projects in West Africa, including the Sissingue and Edikan Gold Mines.
• Perseus Mining's current ratio stands at 4.64, indicating strong liquidity compared to its liabilities.

Shares of Perseus Mining Limited (TSE:PRU - ) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$4.50 and last traded at C$4.46, with a volume of 29296 shares traded. The stock had previously closed at C$4.37.

Perseus Mining Price Performance

The company's fifty day moving average price is C$3.49 and its 200 day moving average price is C$3.23. The company has a market capitalization of C$6.01 billion, a P/E ratio of 16.58, a PEG ratio of -0.13 and a beta of 1.52. The company has a quick ratio of 2.66, a current ratio of 4.64 and a debt-to-equity ratio of 0.09.

About Perseus Mining

Perseus Mining Ltd is engaged in the exploration, evaluation, development, and mining of gold properties in West Africa. The company projects are Sissingue Gold Mine, Edikan Gold Mine in Ghana, and Yaoure Gold Project.

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