Perseus Mining (PRU) Receives a Buy from UBS
UBS analyst Levi Spry maintained a Buy rating on Perseus Mining (PRU – Research Report) today and set a price target of A$4.20. The company's shares closed yesterday at C$3.33.
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Spry covers the Basic Materials sector, focusing on stocks such as Perseus Mining , Northern Star Resources Ltd, and Gold Road Resources Ltd. According to TipRanks, Spry has an average return of 12.4% and a 65.07% success rate on recommended stocks.
In addition to UBS, Perseus Mining also received a Buy from Canaccord Genuity's Reg Spencer in a report issued yesterday. However, on June 11, Citi maintained a Hold rating on Perseus Mining (TSX: PRU).
Based on Perseus Mining 's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$939.99 million and a net profit of C$288.06 million. In comparison, last year the company earned a revenue of C$749.4 million and had a net profit of C$223 million
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