PERSEUS MINING LIMITED (PRU)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

PRU

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

$3.40

02 May
2025

0.030

OPEN

$3.36

0.89%

HIGH

$3.40

5,315,425

LOW

$3.29

TARGET
$3.863 13.6% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . ADT . ALK . AMI . ASL . AUE . BC8 . BEZ . BGL . BTR . CEL . CMM . CNB . CVV . CY5 . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . MEK . MM8 . MML . NEM . NST . NVA . OBM . PDI . PNR . RMS . RRL . RSG . RXL . SBM . SMI . SPR . STM . STN . SVL . TBR . TCG . TRE . TTM . VAU . WAF . WGX . WIA . WMX .
FNARENA'S MARKET CONSENSUS FORECASTS
PRU: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 38.5 xxx
DPS (cps) 9.2 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 8.8 xxx
Dividend Yield 2.7% xxx
Div Pay Ratio(%) 24.0% 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: 2.58%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.47

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 © 2025 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

0.6

No. Of Recommendations

4
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

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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

UBS

01/05/2025

1

Buy

$4.40

29.41%

UBS assesses another strong quarter from Perseus Mining, with March quarter production of 121.6koz up by 4% on the broker's estimates and costs (AISC) of US$1,209/oz down by -13%, keeping the company on track for FY25 guidance of 470-505koz.

Nyanzaga has received FID approval, with first production expected in March 2027 and projected average output of 195kozpa at US$1,700/oz AISC over 12 years. 

Perseus remains well positioned financially, suggests UBS, with no debt, over US$100m in investments, and a partial buyback underway. 

UBS trims the price target to $4.40 from $4.60 and retains a Buy rating.

FORECAST
UBS forecasts a full year FY25 EPS of 35.36 cents.
UBS forecasts a full year FY26 EPS of 43.04 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx 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

30/04/2025

1

Buy

$5.00

47.06%

Perseus Mining has approved the development of the Nyanzaga Gold Project in Tanzania, with updated feasibility outcomes supporting a 5.5Mtpa open-pit operation producing 200koz per annum over 11 years at all-in-sustaining-costs of US$1,310/oz, Canaccord Genuity explains.

The analyst observes development capital has increased to -US$523m, while the mine life has been extended 57% on improved reserves, though annual output is -25% below previous estimates.

Canaccord Genuity's post-tax net present value for the project is estimated at US$1.15bn with internal rate of return of 46%, and Perseus is expected to fund development internally from a March quarter liquidity position of US$1.1bn.

Group production is projected to remain stable at 300-350koz per annum out to 2034 as Nyanzaga offsets Edikan’s end of life.

Buy rating and $5.00 target price are unchanged.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 7.69 cents and EPS of 44.58 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 6.15 cents and EPS of 39.97 cents.
Access Extra Coverage Research History >

PRU STOCK CHART

FNArena News on PRU

1
Australian Broker Call *Extra* Edition – Apr 30, 2025

Apr 30 2025 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Apr 14, 2025

Apr 14 2025 - Daily Market Reports
3
Favourite ASX-Gold Exposures

Apr 09 2025 - Commodities
4
Weekly Ratings, Targets, Forecast Changes – 04-04-25

Apr 07 2025 - Weekly Reports
5
Rudi’s View: Time For Appreciating Quality

Apr 02 2025 - Rudi's View

Latest Gold & Silver News

1
Evolution Mining Outperforming, Too Much

Apr 17 2025 - Australia
2
Favourite ASX-Gold Exposures

Apr 09 2025 - Commodities
3
The Risk For Gold Heading Into A Tariff Storm

Mar 26 2025 - Technicals
4
Northern Star Has Broken Out

Mar 18 2025 - Technicals
5
Gold Miners On The Rise

Mar 11 2025 - Technicals
6
Unlocking Vault’s Golden Potential

Nov 14 2024 - Commodities
7
What Went Wrong With Newmont?

Nov 05 2024 - Australia
8
In Brief: Aurum, Hillgrove & Little Green Pharma

Oct 25 2024 - Weekly Reports
9
Perseus Mining Shares Ready To Run

Oct 22 2024 - Technicals
10
Gold & Dividends Shine For Northern Star

Sep 12 2024 - Australia