Perseus Mining (ASX:PRU) Insider Sells A$6,165,000.00 in Stock

Perseus Mining Limited (ASX:PRU) insider Jeffrey(Jeff) Quartermaine sold 1,500,000 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of A$4.11, for a total transaction of A$6,165,000.00.

Jeffrey(Jeff) Quartermaine also recently made the following trade(s):

• On Friday, August 29th, Jeffrey(Jeff) Quartermaine acquired 177,672 shares of Perseus Mining stock. The stock was acquired at an average price of A$3.78 per share, with a total value of A$671,600.16.

Perseus Mining Stock Performance

The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 7.92 and a beta of 0.99.

Perseus Mining Increases Dividend

The firm also recently disclosed a Final dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, October 8th will be paid a $0.05 dividend. This is a positive change from Perseus Mining’s previous Final dividend of $0.04. The ex-dividend date is Monday, September 8th. This represents a yield of 132.0%. Perseus Mining’s dividend payout ratio is presently 14.29%.

About Perseus Mining

Perseus Mining Limited, together with its subsidiaries, explores, evaluates, develops, and mines for gold properties in West Africa. The company holds interests in the Edikan gold mine project located in Ghana; and the Sissingué and Yaouré gold mine projects located in Republic of Côte d'Ivoire.