Perseus Mining Stock Today
| PRU Stock | CAD 2.07 0.11 5.61% |
Performance14 of 100
| Odds Of DistressLess than 1
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Perseus Mining is selling at 2.07 as of the 27th of April 2024; that is 5.61% increase since the beginning of the trading day. The stock's open price was 1.96. Perseus Mining has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Perseus Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2024 and ending today, the 27th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa. The company was incorporated in 2003 and is based in Subiaco, Australia. PERSEUS MINING operates under Gold classification in Canada and is traded on Toronto Stock Exchange. The company has 1.37 B outstanding shares of which 15.37 K shares are at this time shorted by private and institutional investors with about 0.27 days to cover all short positions. More on Perseus Mining
Moving together with Perseus Stock
| 0.88 | BRC | Blackrock Silver Corp Earnings Call This Week | PairCorr |
Moving against Perseus Stock
| 0.8 | DELX | DelphX Capital Markets | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Perseus Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Perseus Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Perseus Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Executive CEO | BE BE | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Copper, Silver, Heavy Metals, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Perseus Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Perseus Mining's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Perseus Mining's financial leverage. It provides some insight into what part of Perseus Mining's total assets is financed by creditors.
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Perseus Mining (PRU) is traded on Toronto Exchange in Canada and employs 1,100 people. Perseus Mining is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Perseus Mining's market, we take the total number of its shares issued and multiply it by Perseus Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Perseus Mining operates under Metals & Mining sector and is part of Materials industry. The entity has 1.37 B outstanding shares of which 15.37 K shares are at this time shorted by private and institutional investors with about 0.27 days to cover all short positions.
Perseus Mining has accumulated about 23.04 M in cash with 648.32 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Perseus Mining Probability Of Bankruptcy
Ownership AllocationPerseus Mining owns a total of 1.37 Billion outstanding shares. Over half of Perseus Mining's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Perseus Mining. Please watch out for any change in the institutional holdings of Perseus Mining as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Perseus Ownership Details
Perseus Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Perseus Mining jumping above the current price in 90 days from now is about 5.8%. The Perseus Mining probability density function shows the probability of Perseus Mining stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Perseus Mining has a beta of -0.7621 indicating as returns on the benchmark increase, returns on holding Perseus Mining are expected to decrease at a much lower rate. During a bear market, however, Perseus Mining is likely to outperform the market. Additionally, perseus Mining has an alpha of 0.4194, implying that it can generate a 0.42 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Perseus Mining to move above the current price in 90 days from now is about 5.8 (This Perseus Mining probability density function shows the probability of Perseus Stock to fall within a particular range of prices over 90 days) .
Perseus Mining Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Perseus Mining market risk premium is the additional return an investor will receive from holding Perseus Mining long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Perseus Mining. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Perseus Mining's alpha and beta are two of the key measurements used to evaluate Perseus Mining's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.62 | |||
| Semi Deviation | 1.79 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.6 |
Perseus Stock Against Markets
Picking the right benchmark for Perseus Mining stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Perseus Mining stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Perseus Mining is critical whether you are bullish or bearish towards Perseus Mining at a given time. Please also check how Perseus Mining's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Perseus Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Perseus Mining Corporate Directors
Perseus Mining corporate directors refer to members of a Perseus Mining board of directors. The board of directors generally takes responsibility for the Perseus Mining's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Perseus Mining's board members must vote for the resolution. The Perseus Mining board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Colin Carson | Executive Director | Profile | |
| Matthew Scully | Project director | Profile | |
| SallyAnne Layman | Non-Executive Director | Profile | |
| Adam Smits | Project Director | Profile |
How to buy Perseus Stock?
Before investing in Perseus Mining, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Perseus Mining. To buy Perseus Mining stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Perseus Mining. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Perseus Mining stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Perseus Mining stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Perseus Mining stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Perseus Mining, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Perseus Mining?
The danger of trading Perseus Mining is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Perseus Mining is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Perseus Mining. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Perseus Mining is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perseus Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Perseus Stock analysis
When running Perseus Mining's price analysis, check to measure Perseus Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perseus Mining is operating at the current time. Most of Perseus Mining's value examination focuses on studying past and present price action to predict the probability of Perseus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perseus Mining's price. Additionally, you may evaluate how the addition of Perseus Mining to your portfolios can decrease your overall portfolio volatility.
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