Perseus Mining (PMNXF) Analyst Price Target Raised to $4.83, Up 13.37% From Prior Estimate

Equity analysts have lifted their average one-year price target for Perseus Mining to $4.83 per share, representing a notable 13.37% increase from the previous estimate of $4.26 issued on December 20, 2025. This consensus figure reflects the collective view of multiple analysts tracking the company. The current price targets range from a low of $4.34 to a high of $5.61 per share, with the average target suggesting significant upside potential relative to the latest closing price of $1.55, indicating an approximate 211.61% increase from current market levels.

Upgraded Price Targets Signal Analyst Confidence in Perseus

The revision of Perseus Mining’s price target upward demonstrates growing analyst confidence in the company’s fundamental prospects. Multiple analysts have adjusted their valuations positively, suggesting they see value in the stock at its recent trading levels. The wide range between low and high targets ($4.34 to $5.61) reflects the diversity of opinion among analysts, though the consensus leans substantially higher than current prices.

Institutional Holdings Show Mixed Signals in Recent Period

Fund and institutional investor sentiment presents a more cautious picture. There are currently 97 funds or institutions maintaining positions in Perseus Mining, down 25 owners compared to the prior quarter—a decline of 20.49%. Despite this decrease in the number of institutional shareholders, the average portfolio weight of the institutions holding PMNXF has risen to 0.48%, up 1.95%, suggesting that remaining holders have increased their proportional commitment. Total institutional shareholding declined 15.99% over the last three months to 285,553 thousand shares.

Major Fund Positions Reveal Divergent Investment Strategies

Among the largest institutional shareholders, divergent strategies are evident. The VanEck Vectors Gold Miners ETF (GDX) holds 41,536 thousand shares representing 3.07% of Perseus Mining, but has trimmed its position by 18.60% from the prior quarter, reducing its portfolio allocation in the stock by 12.99%. Similarly, the VanEck Vectors Junior Gold Miners ETF (GDXJ) holds 33,776 thousand shares (2.50% ownership) while cutting its position by 8.28% and decreasing its allocation by 3.05%.

Other significant holders show varied approaches. The DFA International Small Cap Value Portfolio maintains a stable position at 20,937 thousand shares (1.55%) with no change in the quarter. Goldman Sachs International Small Cap Insights Fund holds 20,571 thousand shares (1.52%), having increased share count by 8.78% but reduced portfolio allocation by 7.54%. Vanguard Total International Stock Index Fund holds 19,643 thousand shares (1.45%), up 1.33% in share quantity but down 8.22% in portfolio weighting.

The general pattern of institutional activity—where many funds are reducing their portfolio allocation percentages despite holding or slightly increasing share counts—suggests a rebalancing period in which investors are maintaining exposure to Perseus Mining while adjusting their overall positioning.