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Perseus Mining (TSE:PRU) Sets New 12-Month High - Time to Buy?

Perseus Mining logo with Basic Materials background

Key Points

  • Perseus Mining's stock reached a new 52-week high, trading at C$4.68, indicating strong market performance and increased investor interest.
  • The company maintains a low debt-to-equity ratio of 0.09 and a high current ratio of 4.64, reflecting solid financial health.
  • Perseus Mining operates major gold properties in West Africa, including the Sissingue and Edikan Gold Mines in Ghana, positioning it as a key player in the gold exploration and mining sector.
  • MarketBeat previews the top five stocks to own by November 1st.

Perseus Mining Limited (TSE:PRU - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$4.68 and last traded at C$4.65, with a volume of 35429 shares trading hands. The stock had previously closed at C$4.57.

Perseus Mining Trading Up 1.3%

The company has a 50-day simple moving average of C$3.85 and a 200-day simple moving average of C$3.37. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.66 and a current ratio of 4.64. The stock has a market cap of C$6.26 billion, a P/E ratio of 17.25, a P/E/G ratio of -0.13 and a beta of 1.76.

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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