PERSEUS MINING (PRU) Shares
ABOUT PERSEUS MINING
Perseus Mining Limited, a West African gold producer, was founded in 2003 and has its headquarters in Subiaco, Western Australia.
The company operates two gold mines in West Africa, and is in the process of developing a third. The company expects its gold production to increase to over 500 000 ounces per year in 2025/22.
The company has cemented its reputation as a leading, diversified West-African-focussed gold-production- and exploration company.
Perseus Mining Limited boasts a solid project portfolio that includes the Edikan Gold Mine (EGM) in Ghana that produces about 200,000 ounces of gold annually, and the Sissingué- and Yaouré development projects in Côte d’Ivoire.
The company focusses strongly on maximising its cash flow to enable lucrative shareholder returns for investors who purchase company shares. Its management boasts considerable experience in the industry, and has an exceptional track-record of exploration success.
Today, the company employs approximately 350 people.
OVERVIEW OF PERSEUS MINING
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Perseus Mining Limited focuses on mining operations, as well as the sale of gold, mineral exploration and gold-project evaluation in Ghana, Côte d’Ivoire and Burkina Faso in West Africa.
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The company operates through three primary geographic segments: Australia, Ghana and Côte d’Ivoire. The Australia segment concentrates on investing activities and corporate management.
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The Ghana segment focusses on mineral exploration, evaluation and development activities. Côte d’Ivoire is engaged in mineral exploration, evaluation and development activities. The company has begun with exploration in Côte d’Ivoire through its Mbengue, Mahala and Napie licences.
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Perseus Mining Limited holds more than 90% interest in the Edikan Gold Mine (EGM), 90% in the Grumesa Gold Project, 90% in the Yaouré Gold Project, and about 86% in the Sissingué Gold Mine. It is also engaged in exploration activities in other mine prospects such as Bokitsi, Pokukrom, Mampong and Aguyakusu.
VISION & VALUES OF PERSEUS MINING
- Perseus Mining Limited strongly believes that private enterprise plays a pivotal role in wealth creation and social development.
- It is also of the opinion that value creation for shareholders who purchase company shares ought to be aligned with value creation for society at large.
- Its business operations are characterized by values such as integrity, honesty, collaboration, respect and innovation.
MARKET PERFORMANCE OF PERSEUS MINING
- Perseus Mining Limited trades on the Australian Securities Exchange (ASX) under the stock symbol “PRU”.
- For fiscal 2019, the company recorded total gold production of 271,824oz and EBITDA of US Dollar 164.1 million.
- Its operating cash flow for the year was US Dollar 146.2 million. Shareholders who buy or sell company shares can therefore expect solid dividends and returns on their investments.
Buy PERSEUS MINING stocks / shares – A Step by Step Guide how to Buy / Purchase PERSEUS MINING Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy PERSEUS MINING Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN PERSEUS MINING STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE PERSEUS MINING STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of PERSEUS MINING stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy PERSEUS MINING stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?














