Perseus Mining (TSE:PRU) Rating Lowered to Hold at UBS Group

Perseus Mining (TSE:PRU) was downgraded by investment analysts at UBS Group from a “strong-buy” rating to a “hold” rating in a note issued to investors on Sunday,Zacks.com reports.

Perseus Mining Trading Up 3.1%

Perseus Mining stock opened at C$5.39 on Friday. Perseus Mining has a 12 month low of C$2.47 and a 12 month high of C$6.35. The company has a quick ratio of 2.66, a current ratio of 4.64 and a debt-to-equity ratio of 0.09. The stock has a market cap of C$7.28 billion, a P/E ratio of 20.08, a P/E/G ratio of -0.13 and a beta of 1.62. The company’s fifty day simple moving average is C$5.28 and its 200-day simple moving average is C$4.42.

About Perseus Mining

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.