Perseus Mining Limited (ASX:PRU) Insider Buys A$1,774,486.70 in Stock

Perseus Mining Limited (ASX:PRU) insider Jeffrey(Jeff) Quartermaine purchased 677,285 shares of the business’s stock in a transaction on Thursday, November 28th. The shares were acquired at an average price of A$2.62 ($1.70) per share, for a total transaction of A$1,774,486.70 ($1,152,264.09).

Perseus Mining Stock Performance

Perseus Mining Increases Dividend

The business also recently disclosed a Final dividend, which was paid on Tuesday, October 8th. Stockholders of record on Tuesday, October 8th were issued a dividend of $0.037 per share. The ex-dividend date of this dividend was Sunday, September 8th. This represents a dividend yield of 1.53%. This is a positive change from Perseus Mining’s previous Final dividend of $0.03. Perseus Mining’s dividend 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.