Genesis Energy, L.P. (GEL) Forms $20.61 Double Bottom; Last Week Perseus Mining Limited (TSE:PRU) Coverage

Among 3 analysts covering Perseus Mining Limited (TSE:PRU), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Perseus Mining Limited had 8 analyst reports since October 8, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Market Perform” rating in Thursday, April 13 report. BMO Capital Markets maintained Perseus Mining Limited (TSE:PRU) rating on Monday, April 3. BMO Capital Markets has “” rating and $0.45 target. On Monday, May 30 the stock rating was downgraded by RBC Capital Markets to “Underperform”. See Perseus Mining Limited (TSE:PRU) latest ratings:

Genesis Energy, L.P. (GEL) formed double bottom with $19.58 target or 5.00% below today’s $20.61 share price. Genesis Energy, L.P. (GEL) has $2.53 billion valuation. The stock increased 5.26% or $1.03 during the last trading session, reaching $20.61. About 1.68M shares traded or 106.53% up from the average. Genesis Energy, L.P. (NYSE:GEL) has declined 14.17% since February 27, 2017 and is downtrending. It has underperformed by 30.87% the S&P500.

Analysts await Genesis Energy, L.P. (NYSE:GEL) to report earnings on May, 3. They expect $0.32 earnings per share, up 39.13% or $0.09 from last year’s $0.23 per share. GEL’s profit will be $39.22M for 16.10 P/E if the $0.32 EPS becomes a reality. After $0.34 actual earnings per share reported by Genesis Energy, L.P. for the previous quarter, Wall Street now forecasts -5.88% negative EPS growth.

Since December 19, 2017, it had 1 buying transaction, and 1 sale for $320,401 activity. 15,000 Genesis Energy, L.P. (NYSE:GEL) shares with value of $334,800 were bought by JASTROW KENNETH M II. $14,399 worth of stock was sold by Gaspard Garland G on Friday, February 9.

Among 14 analysts covering Genesis Energy LP (NYSE:GEL), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Genesis Energy LP had 40 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Genesis Energy, L.P. (NYSE:GEL) earned “Underweight” rating by Barclays Capital on Tuesday, July 18. The rating was maintained by Robert W. Baird with “Outperform” on Friday, October 13. As per Thursday, August 4, the company rating was maintained by UBS. The rating was initiated by Cowen & Co on Friday, September 25 with “Buy”. The stock of Genesis Energy, L.P. (NYSE:GEL) earned “Hold” rating by RBC Capital Markets on Sunday, August 20. The stock of Genesis Energy, L.P. (NYSE:GEL) earned “Equal-Weight” rating by Barclays Capital on Friday, October 13. Wells Fargo downgraded Genesis Energy, L.P. (NYSE:GEL) on Friday, January 15 to “Market Perform” rating. The firm earned “Outperform” rating on Monday, July 18 by Wells Fargo. As per Wednesday, August 10, the company rating was maintained by Barclays Capital. Robert W. Baird maintained Genesis Energy, L.P. (NYSE:GEL) on Friday, November 17 with “Buy” rating.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.37, from 1.18 in 2017Q2. It is negative, as 25 investors sold Genesis Energy, L.P. shares while 44 reduced holdings. 20 funds opened positions while 36 raised stakes. 87.79 million shares or 1.92% less from 89.51 million shares in 2017Q2 were reported. Citigroup has invested 0.01% in Genesis Energy, L.P. (NYSE:GEL). Guggenheim Ltd Liability Com has 0% invested in Genesis Energy, L.P. (NYSE:GEL). Bb&T Securities Ltd Liability Corp holds 0.01% or 39,005 shares in its portfolio. Texas Yale has invested 0.41% of its portfolio in Genesis Energy, L.P. (NYSE:GEL). Trust Department Mb State Bank N A stated it has 999 shares or 0% of all its holdings. Parkside Financial Bank stated it has 0.27% in Genesis Energy, L.P. (NYSE:GEL). Td Capital Mngmt Limited Liability Com has invested 0% of its portfolio in Genesis Energy, L.P. (NYSE:GEL). Alps holds 1.63% or 8.71M shares in its portfolio. Salient Ltd Limited Liability Company has 5.28M shares for 3.07% of their portfolio. Clearbridge Invs Ltd Liability Corporation invested in 9.76 million shares or 0.25% of the stock. Natl Bank Of America De accumulated 830,791 shares. Jefferies Group Ltd owns 62,465 shares for 0.01% of their portfolio. Wells Fargo And Co Mn holds 0% of its portfolio in Genesis Energy, L.P. (NYSE:GEL) for 253,577 shares. Rr Advsr Ltd Liability Company reported 2.40M shares. The Texas-based Texas Cap Bancshares Tx has invested 17.64% in Genesis Energy, L.P. (NYSE:GEL).

Investors sentiment decreased to 1 in Q3 2017. Its down 0.20, from 1.2 in 2017Q2. It turned negative, as 43 investors sold Perseus Mining Limited shares while 274 reduced holdings. 73 funds opened positions while 245 raised stakes. 265.93 million shares or 0.75% less from 267.93 million shares in 2017Q2 were reported. Commonwealth Equity Svcs reported 81,823 shares. The Massachusetts-based Fmr Lc has invested 0.02% in Perseus Mining Limited (TSE:PRU). Moreover, Coastline Tru has 0.07% invested in Perseus Mining Limited (TSE:PRU) for 3,854 shares. Dean Invest Llc stated it has 12,457 shares or 0.2% of all its holdings. 154,805 are owned by Foundry Prtnrs Ltd Liability Corporation. Norinchukin Bancorporation The reported 35,524 shares. C M Bidwell And Assocs holds 0% or 25 shares in its portfolio. Reliance Trust Of Delaware reported 5,111 shares or 0.08% of all its holdings. Barrett Asset Management Lc invested 0% in Perseus Mining Limited (TSE:PRU). At Bancshares holds 6,024 shares. Evercore Wealth Mngmt Limited has invested 0.01% in Perseus Mining Limited (TSE:PRU). Bridgeway Capital Management invested in 0.72% or 592,090 shares. Smith Asset Mgmt Gp L P reported 140 shares stake. Conning accumulated 12,360 shares. 63 were accumulated by Tru Department Mb National Bank N A.

Perseus Mining Limited engages in the exploration, evaluation, development, and mining of gold properties in West Africa. The company has market cap of $443.12 million. It holds interests in the Edikan gold mine comprising 480 square kilometers of tenements located in the Republic of Ghana; Sissingué gold mine covering an area of 885 square kilometers located in Côte d’Ivoire; Bélé Gold Project located in Côte d’Ivoire; and Yaouré gold project located in central Côte d’Ivoire. It currently has negative earnings.