PERSEUS MINING LIMITED (PRU)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

PRU - PERSEUS MINING LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.01
Index: ASX200 | ASX300 | ALL-ORDS

Perseus Mining operates two gold mines in West Africa. It listed in 2004 as an exploration company and became a gold producer in 2011.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.35

12 Sep
2024

0.020

OPEN

$2.37

0.86%

HIGH

$2.37

8,157,363

LOW

$2.31

TARGET
$3.083

+0.07 change from previous day

 31.2% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . ADT . ALK . AMI . ASL . BC8 . BEZ . BGL . CAI . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . NEM . NST . NVA . OBM . PDI . PNR . RED . RMS . RRL . RSG . RXL . RXM . SBM . SPR . SSR . STM . STN . SVL . TBR . TTM . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
PRU: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 34.6 xxx
DPS (cps) 7.1 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 7.5 xxx
Dividend Yield 2.8% xxx
Div Pay Ratio(%) 20.7% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 3.33%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.93

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 07/03 - ex-div 1.25c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx36.1
DPS All xxxxxxxxxxxxxxx5.0
Sales/Revenue xxxxxxxxxxxxxxx1,565.4 M
Book Value Per Share xxxxxxxxxxxxxxx172.2
Net Operating Cash Flow xxxxxxxxxxxxxxx647.0 M
Net Profit Margin xxxxxxxxxxxxxxx31.61 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx23.00 %
Return on Invested Capital xxxxxxxxxxxxxxx22.98 %
Return on Assets xxxxxxxxxxxxxxx18.34 %
Return on Equity xxxxxxxxxxxxxxx23.00 %
Return on Total Capital xxxxxxxxxxxxxxx29.35 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx471.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx3 M
Long Term Debt xxxxxxxxxxxxxxx2 M
Total Debt xxxxxxxxxxxxxxx5 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx804 M
Price To Book Value xxxxxxxxxxxxxxx1.36

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx185.1 M
Capex % of Sales xxxxxxxxxxxxxxx11.82 %
Cost of Goods Sold xxxxxxxxxxxxxxx829 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx28 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx64 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

29/08/2024

3

Neutral

$3.00

27.66%

Perseus Mining's FY24 earnings (EBITDA) rose by 13% year-on-year and beat forecasts by Citi and consensus.

In August, the company acquired a 13.82% interest in Predictive Discovery ((PDI)) for -$86m, allowing due diligence on the pre-development 3.05moz reserve of the Bankan Gold Project in Guinea, West Africa.

A final dividend of 3.8 cents was declared. Management intends to undertake a $100m on-market buyback (beginning in September), which Citi prefers over a special dividend.

Target rises to $3.00 from $2.75. Neutral retained.

FORECAST
Citi forecasts a full year FY25 dividend of 6.08 cents and EPS of 30.55 cents.
Citi forecasts a full year FY26 dividend of 4.00 cents and EPS of 16.50 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

24/07/2024

1

Buy

$3.80

61.70%

Canaccord Genuity anticipates further upside for both the gold price and gold equities supported by pending rate cuts and strong margin growth, respectively.

The broker raises its 2024-29 gold price forecasts by an average of 3.4% and increases the long-term (from 2030) estimate by 5% to US$2,712/oz. For silver, the long-term price is increased by 20% to US$33.58/oz.

Across Canaccord's research coverage of developers and explorers, price targets rise by 3% on average, after FY25 and FY26 earnings (EBITDA) forecasts increase by 2% and 3%, respectively, on the higher gold price estimates.

For Perseus Mining, the broker increases the target to $3.80 from $3.60 and the Buy rating is kept.
Access Extra Coverage Research History >

PRU STOCK CHART

FNArena News on PRU

1
Rudi’s View: Key Picks, Best Buys & Conviction Calls

Sep 12 2024 - Rudi's View
2
Rudi’s View: August Results Fail To Inspire

Sep 05 2024 - Rudi's View
3
FNArena Corporate Results Monitor – 29-08-2024

Aug 29 2024 - Australia
4
Australian Broker Call *Extra* Edition – Aug 20, 2024

Aug 20 2024 - Daily Market Reports
5
Next Week At A Glance – 29 Jul-2 Aug 2024

Jul 26 2024 - Weekly Reports

Latest Gold & Silver News

1
Gold & Dividends Shine For Northern Star

Sep 12 2024 - Australia
2
Cup And Handle For Capricorn Metals

Aug 06 2024 - Technicals
3
Bellevue Gold For Better Grades & Margins

Jul 08 2024 - Commodities
4
Is Gold Overvalued Or Is Silver Undervalued?

Jul 02 2024 - Commodities
5
Evolution Mining’s Spending Spree

Jun 28 2024 - Australia
6
Break-Out For Resolute Mining

Jun 04 2024 - Technicals
7
Gold Producers Over Bullion?

May 01 2024 - Commodities
8
The 2024 Gold Enigma

Apr 11 2024 - Commodities
9
Strong Break-Out For Regis Resources

Apr 09 2024 - Technicals
10
Rudi’s View: Facts & Fiction About Gold

Mar 27 2024 - Rudi's View