** Analysts at Citi raise PT for Perseus Mining PRU.AX by 10 AU cents per share to A$3.20/shr
** Citi says company's quarterly gold production of 132,419 ounces (oz) was ahead of brokerage's and consensus estimate
** Brokerage expects PRU's 2H FY25 to be "newsflow-heavy" with final investment decision for its Nyanzaga gold mine and early-June quarter life-of-mine update for all projects
** Citi says midpoints of company's forecasts for 2H FY25 group production and cost were 3% below and 15% above its estimates, respectively
** Company's forecast for 2H FY25 group production was 215k to 250k oz, and for cost was $1,360/oz to 1,435/oz
** Stock down 10.1%, YTD
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))
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