Were Analysts Bullish Perseus Mining Ltd (TSE:PRU) This Week?

June 20, 2017 - By Linda Rogers

 Were Analysts Bullish Perseus Mining Ltd (TSE:PRU) This Week?
Investors sentiment increased to 1.17 in 2016 Q4. Its up 0.32, from 0.85 in 2016Q3. It improved, as 40 investors sold Perseus Mining Ltd shares while 258 reduced holdings. 104 funds opened positions while 244 raised stakes. 258.13 million shares or 1.92% more from 253.26 million shares in 2016Q3 were reported.
Cornerstone Cap Limited Com has invested 0.26% in Perseus Mining Ltd (TSE:PRU). Texas Permanent School Fund reported 128,812 shares. The Maryland-based Profund Advsr Limited Liability Com has invested 0.07% in Perseus Mining Ltd (TSE:PRU). Federated Investors Inc Pa invested 0.13% in Perseus Mining Ltd (TSE:PRU). Nomura Inc holds 71,407 shares. Nbt Bancshares N A Ny invested 0.69% in Perseus Mining Ltd (TSE:PRU). Goldman Sachs Grp Inc Inc has invested 0.09% in Perseus Mining Ltd (TSE:PRU). Legacy Private Trust accumulated 0.18% or 12,960 shares. Petrus Company Lta has 0.06% invested in Perseus Mining Ltd (TSE:PRU) for 2,292 shares. 1,877 were reported by Ridgeworth Capital Mngmt Llc. Cim Inv Mangement has 7,666 shares. New Mexico Educational Retirement Board holds 0.23% or 46,731 shares in its portfolio. The New York-based Strategic Advsr Ltd Liability Corporation has invested 0.71% in Perseus Mining Ltd (TSE:PRU). Natixis owns 0.04% invested in Perseus Mining Ltd (TSE:PRU) for 39,535 shares. 53,400 were reported by Garland Capital Management.

Since February 16, 2017, it had 3 insider buys, and 4 insider sales for $36.42 million activity. Another trade for 200 shares valued at $22,562 was bought by Pianalto Sandra. Shares for $55,365 were bought by Paz George on Thursday, February 23. Koster Barbara had sold 33,743 shares worth $3.81M. Another trade for 6,087 shares valued at $674,135 was sold by Harris Timothy P. Lowrey Charles F also sold $24.08M worth of Perseus Mining Ltd (TSE:PRU) on Monday, May 8. TODMAN MICHAEL had bought 450 shares worth $50,000 on Tuesday, February 21. 71,334 shares were sold by Pelletier Stephen, worth $7.99M.

Perseus Mining Ltd (TSE:PRU) Ratings Coverage

Among 3 analysts covering Perseus Mining Limited (TSE:PRU), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Perseus Mining Limited had 8 analyst reports since October 8, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of PRU in report on Monday, April 3 with “” rating. The stock of Perseus Mining Ltd (TSE:PRU) has “Underperform” rating given on Monday, May 30 by RBC Capital Markets. The company was maintained on Thursday, April 13 by BMO Capital Markets. Below is a list of Perseus Mining Ltd (TSE:PRU) latest ratings and price target changes.

13/04/2017 Broker: BMO Capital Markets Rating: Market Perform New Target: $0.45 Maintain
03/04/2017 Broker: BMO Capital Markets Rating: New Target: $0.45 Maintain

The stock increased 1.59% or $0.005 on June 19, reaching $0.32. About 109,000 shares traded. Perseus Mining Ltd (TSE:PRU) has 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Perseus Mining Limited is engaged in mining activities and sale of gold, mineral exploration and gold project evaluation and development in the Republics of Ghana, Cote d’Ivoire and Burkina Faso, in West Africa. The company has market cap of $325.46 million. The Company’s divisions include Australia, Ghana and Cote d’Ivoire. It currently has negative earnings. The Australia segment is engaged in investing activities and corporate management.

More notable recent Perseus Mining Ltd (TSE:PRU) news were published by: Marketwired.com which released: “Perseus Mining Limited settles dispute with former Amara mining contractor” on December 01, 2016, also Seekingalpha.com with their article: “Perseus Mining – Why Its Shares Are Undervalued” published on February 23, 2016, Marketwired.com published: “Perseus Mining Limited – Amara Business Combination Results of Court Meeting …” on April 11, 2016. More interesting news about Perseus Mining Ltd (TSE:PRU) were released by: Marketwired.com and their article: “Perseus Mining Limited: Activity Report for September 2016 Quarter” published on October 23, 2016 as well as Marketwired.com‘s news article titled: “Perseus Mining Limited Provides Update on Activities” with publication date: December 15, 2016.

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