PRU 2.21% $2.31 perseus mining limited

I rarely trust broker analysis (been burned too many times) but...

  1. 596 Posts.
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    I rarely trust broker analysis (been burned too many times) but for interest's sake here's the latest from Citibank on PRU:

    https://hotcopper.com.au/data/attachments/5460/5460533-a4d1dc54cc444821983bae43ea0863fd.jpg
    https://hotcopper.com.au/data/attachments/5460/5460540-a48220cc577424a45df78761890d1ec9.jpg
    https://hotcopper.com.au/data/attachments/5460/5460546-83659325dc0609958257fefcadd139ec.jpg

    It strikes me as interesting / very conservative that they are still using USD$1600 as their base case in gold long term to reach the $1.90 share price target. The gold price is currently 23% above that level plus Perseus has a significant amount of ounces hedged at just above USD$2000. Anyway, as I said, broker reports are always to be taken with (half) a grain of salt...




 
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Last
$2.31
Change
0.050(2.21%)
Mkt cap ! $3.173B
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$2.30 $2.31 $2.27 $3.247M 1.409M

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Price($) Vol. No.
$2.32 138628 9
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Last trade - 16.10pm 15/05/2024 (20 minute delay) ?
Last
$2.31
  Change
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