Perseus Mining (TSE:PRU) Upgraded at ATB Cormark Capital Markets

ATB Cormark Capital Markets upgraded shares of Perseus Mining (TSE:PRU) from a hold rating to a moderate buy rating in a report issued on Tuesday morning,Zacks.com reports.

Separately, UBS Group raised Perseus Mining from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Strong Buy”.

Perseus Mining Stock Performance

TSE PRU opened at C$4.40 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 5.23 and a quick ratio of 2.66. The company has a market cap of C$5.93 billion, a P/E ratio of 16.94, a P/E/G ratio of -0.13 and a beta of 1.65. The stock has a 50-day moving average of C$5.48 and a two-hundred day moving average of C$4.90. Perseus Mining has a 1-year low of C$2.57 and a 1-year high of C$6.35.

Perseus Mining Company Profile

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.