Perseus Mining (TSE:PRU) Rating Increased to Moderate Buy 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 published on Tuesday,Zacks.com reports.

Separately, UBS Group upgraded Perseus Mining from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat, Perseus Mining has a consensus rating of “Strong Buy”.

Perseus Mining Stock Up 1.4%

Shares of TSE:PRU opened at C$4.99 on Tuesday. The firm has a 50 day simple moving average of C$5.51 and a 200 day simple moving average of C$4.90. Perseus Mining has a 52 week low of C$2.57 and a 52 week high of C$6.35. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.66 and a current ratio of 5.23. The company has a market cap of C$6.74 billion, a PE ratio of 19.21, a price-to-earnings-growth ratio of -0.13 and a beta of 1.65.

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.