Perseus Mining Limited (ASX:PRU – Get Free Report) insider John McGloin sold 500,000 shares of the firm’s stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of A$4.82, for a total value of A$2,408,500.00.
Perseus Mining Price Performance
The firm has a market capitalization of $3.88 billion, a P/E ratio of 7.92 and a beta of 0.99.
Perseus Mining Increases Dividend
The company also recently disclosed a Final dividend, which will be paid on Wednesday, October 8th. Investors of record on Wednesday, October 8th will be given a dividend of $0.05 per share. This is a positive change from Perseus Mining’s previous Final dividend of $0.04. The ex-dividend date of this dividend is Monday, September 8th. This represents a yield of 132.0%. Perseus Mining’s payout ratio is currently 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.
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