ASX:PRUMetals and Mining
Assessing Perseus Mining’s Valuation As It Buys 9.9% Stake In Aurum Resources
Perseus Mining (ASX:PRU) has acquired a 9.9% stake in Aurum Resources via Aurum’s latest equity raising, focusing investor attention on how nearby Côte d’Ivoire gold projects might interact with Perseus’s existing operations.
See our latest analysis for Perseus Mining.
The Aurum stake comes after a weaker period for the shares, with a 30 day share price return of 22.32% and a year to date share price return of 19.15%. However, longer term total shareholder returns of 47.75% over one year and...