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Perseus Mining outlines positive quarter with strong cashflows

Perseus Mining Limited (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) is weathering the COVID-19 storm well with its West African gold operations continuing to deliver strong cashflow for the company.

Managing director and CEO Jeff Quartermaine discusses the quarterly results with Proactive and says that every effort is being applied to maintain “business as usual”.

The potential for challenges associated with COVID-19 in the June 2020 quarter has resulted in Perseus withdrawing production and cost guidance for the half-year and full-year ending June 30, 2020. 

Quick facts: Perseus Mining Ltd

Price: 1.565 AUD

ASX:PRU
Market: ASX
Market Cap: $1.84 billion
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Perseus Mining reports "outstanding" year in FY20 with EBITDA up 67%

Perseus Mining Limited (ASX:PRU) (TSE:PRU) (OTCMKTS:PMNXF) has returned financial results described as "outstanding" in the 2020 financial year with EBITDA of $274 million, which was 67% higher than the previous year. Managing director and CEO Jeff Quartermaine told Proactive that it had been...

3 weeks, 4 days ago

2 min read