Perseus Mining (TSE:PRU) Upgraded to Strong-Buy by UBS Group

UBS Group upgraded shares of Perseus Mining (TSE:PRU) to a strong-buy rating in a report published on Monday morning, Zacks.com reports.

Separately, Cormark upped their price target on shares of Perseus Mining from C$2.60 to C$2.70 and gave the company a moderate buy rating in a report on Thursday, August 29th.

Perseus Mining Stock Up 6.1 %

Perseus Mining stock opened at C$2.44 on Monday. The stock has a market capitalization of C$3.37 billion, a PE ratio of 7.63, a price-to-earnings-growth ratio of -0.13 and a beta of 0.99. Perseus Mining has a twelve month low of C$1.32 and a twelve month high of C$2.63. The company has a quick ratio of 2.66, a current ratio of 4.64 and a debt-to-equity ratio of 0.18. The company has a 50 day moving average of C$2.32 and a 200-day moving average of C$2.14.

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.