Articles On Perseus Mining (ASX:PRU)

World Overnight SPI Overnight (Jun) 5604.00 + 36.00 0.65% S&P ASX 200 5573.00 + 13.50 0.24% S&P500 2971.61 + 48.67 1.67% Nasdaq Comp 9375.78 + 190.67 2.08% DJIA 24575.90 + 369.04 1.52% S&P500 VIX 27.99 – 2.54 – 8.3...

ShareCafeOvernight: Nifty Fifty World Overnight SPI Overnight (Jun) 5604.00 + 36.00 0.65% S&P ASX 200 5573.00 + 13.50 0.24% S&P500 2971.61 + 48.67 1.67% Nasdaq Comp 9375.78 + 190.67 2.08% DJIA 24575.90 + 369.04 1.52% S...

ShareCafeMore Upside Likely For Oz Gold Equities Gold continues to glisten in a setting comprised of low interest rates and depressed global economies, attracting several brokers to take a closer look at the sector amid a more constructive...

A rising US dollar gold price is taking global gold equities higher and brokers note Australian gold stocks are lagging the move. -Further upside likely for Australian gold names-Still, brokers warn equities cannot escape a bear market-Will...

World Overnight SPI Overnight (Jun) 5491.00 – 83.00 – 1.49% S&P ASX 200 5559.50 + 99.00 1.81% S&P500 2922.94 – 30.97 – 1.05% Nasdaq Comp 9185.10 – 49.72 – 0.54% DJIA 24206.86 – 390.51 – 1.59% S&P500 VIX 30.53 + 1.2...

ShareCafeOvernight: One Day Wonder World Overnight SPI Overnight (Jun) 5491.00 – 83.00 – 1.49% S&P ASX 200 5559.50 + 99.00 1.81% S&P500 2922.94 – 30.97 – 1.05% Nasdaq Comp 9185.10 – 49.72 – 0.54% DJIA 24206.86 – 390.51 –...

Stockhead taps our extensive list of experts in Money Talks, a regular drill down into the sectors and companies that investors have their eye on right now. Who wants three for free? Our expert has his eye on an overlooked Brazilian project...

The company’s two producing gold mines, Edikan in Ghana and Sissingué in Côte d’Ivoire, produced a combined 57,983 ounces of gold during the March quarter.

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pro...

Net cash added in the March quarter, before US$29 million Yaoure capital costs, was US$15 million (A$23 million).

Despite extreme volatility in equities markets, gold remains on the radar of many investors as it continues to trade above $US1700 ($2635) per ounce. Consequently, it wasn’t surprising to see strong support for Exore Resources on Monday mor...

Despite extreme volatility in equities markets, gold remains on the radar of many investors as it continues to trade above US$1700 per ounce. Consequently, it wasn’t surprising to see strong support for Exore Resources (ASX:ERX) on Monday m...

A number of ASX shares are about to be included into the S&P/ASX 200 Index (Index:^AXJO) next month and it pays to keep an eye on potential new members. This is because stocks that are included into a key index tend to outperform, whil...

West Africa gold explorer Exore Resources (ASX: ERX) has debuted a substantial maiden resource for its Bagoe project in Cote d’Ivoire with the initial resource exceeding 500,000 ounces of contained gold. The maiden resource is based on dril...

Perseus Mining and Megaport are likely to elbow their way into the benchmark S&P/ASX 200 index next month, joining at the expense of Pilbara Minerals and Estia Health. 

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pro...

ShareCafeOvernight: A Tale Of Two Markets World Overnight SPI Overnight (Jun) 5417.00 – 123.00 – 2.22% S&P ASX 200 5522.40 + 129.00 2.39% S&P500 2912.43 – 27.08 – 0.92% Nasdaq Comp 8889.55 – 25.16 – 0.28% DJIA 24345.72 –...

World Overnight SPI Overnight (Jun) 5468.00 + 108.00 2.01% S&P ASX 200 5393.40 + 80.30 1.51% S&P500 2939.51 + 76.12 2.66% Nasdaq Comp 8914.71 + 306.98 3.57% DJIA 24633.86 + 532.31 2.21% S&P500 VIX 31.23 – 2.34 – 6....

The company’s two producing gold mines, namely Edikan in Ghana and Sissingué in Côte d’Ivoire, produced a combined total of 57,983 ounces of gold during the March 2020 quarter.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The company has implemented a series of protocols at each of its operating sites aimed at eliminating the possibility of COVID-19 infections.

In late morning trade the S&P/ASX 200 Index (ASX: XJO) has followed the lead of U.S. markets and dropped lower. At the time of writing the benchmark index is down 1.3% to 5,157.9 points. Four shares that are not letting that hold them...

Construction of the company’s third West African gold mine remains on schedule.

The company will assist host governments and communities around its operations to maintain safe and healthy living conditions for locals and staff.

For many gold miners listed on the ASX, the global market panic induced by the coronavirus pandemic has ignited demand for their shares. Although the gold price has been volatile (and has been sparring with the USD for haven status), there...

Canaccord Genuity has increased its target price for Perseus by 19% to $1.90 on account of updating its Edikan Gold Mine model assumptions for the new life of mine plan.

The updated LOMP involves mining and processing of ore from three open pits and one underground mine.

Gold equities have suffered from the liquidity-driven global sell-off over recent weeks but several brokers suggest the outlook is much brighter, as flight-to-safety concerns take over. -Gold sector well capitalised with low levels of debt-...

Gold production and cost guidance previously provided by Perseus for the half year and full financial year ending June 30 2020 remains valid based on production to date and internal forecasts to the end of the period.

The company operates two gold mines in West Africa and is developing its third mine with gold production expected to increase to more than 500,000 ounces per year in 2021/2022.

Your weekly recap of the news driving ASX small cap gold stocks. The major gold miners were obliterated alongside everyone else last week. The ASX’s big three producers – Newcrest Mining (ASX:NCM), Northern Star (ASX:NST) and Evolution (ASX...

Mako Gold’s (ASX:MKG) has intersected several new high-grade gold zones at the Napié project in Côte d’Ivoire, sending the stock up +6 per cent in early trade. Notable results include 1m at 47.3 grams per tonne (g/t) gold within a broader z...

A weekly recap of the news driving ASX small cap gold stocks. As a trusted safe haven in times of economic crisis, gold usually rallies amid nasty stock selloffs like this one. It seems like a strange time for gold and gold-facing equities...

Edikan’s updated reserves lifted 16% from the mid-2019 estimate and now total 46 million tonnes at 1.1 g/t for 1.6 million ounces of gold.

Perseus forecasts a stronger grade-driven performance in both production and costs in the June 2020 half year.

Perseus produces gold from the Edikan mine in Ghana and Sissingué mine in Côte d'Ivoire.

Yaouré will be the company’s third gold mine and integral to growing production to 500,000 ounces per annum by FY2022.

Cormark Securities has initiated coverage on Perseus with a buy rating and a C$1.15 target.

Perseus has maintained its full-year guidance ending June 30, 2020 of 275-295,000 ounces of gold at an all-in sustaining cost of US$850-950 per ounce.

By Rudi Filapek-Vandyck, Editor FNArena Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For th...

Our market is on maximum bullishness! Not only have we raced to a new record high this morning, but stocks that have copped a broker downgrade don’t seem to be fazed. The S&P/ASX 200 (Index:^AXJO) (ASX:XJO) index added a further 0.5% t...

Companies in the precious metals sector with projects to watch in 2020 are Mako Gold, Perseus Mining, Tietto Minerals, Hummingbird Resources and Caledonia Mining.

Mako Gold Limited (ASX:MKG) has secured a multi-purpose reverse circulation (RC) and diamond drill (DD) rig from Geodrill (TSX:GEO) and plans to resume drilling shortly at the company’s 224 square metre Napié Project in Côte d’Ivoire. Mak...

Today, Iran fired missiles at Iraqi army bases housing US troops — retaliation for a US drone strike that killed a leading Iranian military general last Friday. This tension between the US and Iran is causing volatility for global markets t...

IT'S taken longer than expected, and been overlooked by most investment banks, but the remarkable revival of Perseus Mining has provided the ...

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...