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Perseus Mining (TSE:PRU) Hits New 52-Week High - What's Next?

Perseus Mining logo with Basic Materials background

Key Points

  • Perseus Mining Limited reached a new 52-week high of C$4.34 during trading, indicating positive momentum in its stock performance.
  • The company has a market capitalization of C$5.77 billion and exhibits strong financial metrics, including a low debt-to-equity ratio of 0.09.
  • Perseus Mining is actively involved in gold mining operations in West Africa, with notable projects like the Sissingue Gold Mine and Edikan Gold Mine.
  • Interested in Perseus Mining? Here are five stocks we like better.

Perseus Mining Limited (TSE:PRU - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$4.34 and last traded at C$4.24, with a volume of 31650 shares. The stock had previously closed at C$4.00.

Perseus Mining Stock Performance

The company has a market capitalization of C$5.77 billion, a P/E ratio of 15.91, a PEG ratio of -0.13 and a beta of 1.52. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.64 and a quick ratio of 2.66. The company has a fifty day moving average price of C$3.38 and a two-hundred day moving average price of C$3.17.

About Perseus Mining

(Get Free Report)

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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