Perseus Mining Ltd (TSE:PRU)

Perseus Mining Ltd (TSE:PRU) Company Profile

Symbol(s): TSE:PRU, OTCMKTS:PMNXF
Industry: Gold Mining
Website: www.perseusmining.com
eMail: info@perseusmining.com

Perseus Mining Ltd (TSE:PRU) is an Australian Gold mining company. It’s a mid-tier producer mainly focused on exploration and development of mineral properties in Burkina Faso, Cote d’Ivoire, Ghana and Sierra Leone. The company has multiple properties including Kalsaka (Yatenga Province, Burkina Faso), Angovia (Yamoussoukro, Cote D’ivoire, Cote d’Ivoire), Edikan (West Africa, Ghana), Tengrela (Cote D’ivoire, Cote d’Ivoire), Yaoure (West Africa, Cote d’Ivoire), Baomahun (Freetown, Sierra Leone) and Sissinggue (West Africa, Cote d’Ivoire).

Perseus Mining Ltd (TSE:PRU) has about 15 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$104.26 per gold equivalent ounce. The company currently produces 200000 ounces of gold per year with the all-in sustaining costs of US$1200 per ounce.

Perseus Mining Ltd has US$96.88 million cash and no debt. The company has 1177.86 million shares outstanding and as of September 01, 2020, had a market capitalization of US$1660.78 million. The stocks of Perseus Mining Ltd trade on the Toronto Stock Exchange and the Over-the-Counter Exchange.