Perseus Mining (TSE:PRU) Sets New 52-Week High – Time to Buy?

Perseus Mining Limited (TSE:PRUGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$3.00 and last traded at C$2.99, with a volume of 13206 shares traded. The stock had previously closed at C$2.97.

Perseus Mining Price Performance

The business has a 50 day simple moving average of C$2.70 and a 200-day simple moving average of C$2.52. The company has a market capitalization of C$4.53 billion, a P/E ratio of 9.23, a PEG ratio of -0.13 and a beta of 0.99. The company has a quick ratio of 2.66, a current ratio of 4.64 and a debt-to-equity ratio of 0.09.

About Perseus Mining

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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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