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PRU

Perseus MiningASX:PRU Stock Report

Last Price

AU$1.55

Market Cap

AU$1.9b

7D

-2.2%

1Y

22.6%

Updated

22 Jan, 2022

Data

Company Financials +
PRU fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends0/6

PRU Stock Overview

Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa.

Perseus Mining Competitors

Newcrest Mining

ASX:NCM

AU$20.6b

Northern Star Resources

ASX:NST

AU$11.4b

Evolution Mining

ASX:EVN

AU$7.5b

De Grey Mining

ASX:DEG

AU$2.0b

Price History & Performance

Summary of all time highs, changes and price drops for Perseus Mining
Historical stock prices
Current Share PriceAU$1.55
52 Week HighAU$1.85
52 Week LowAU$1.06
Beta0.72
1 Month Change-4.33%
3 Month Change-5.22%
1 Year Change22.62%
3 Year Change291.14%
5 Year Change329.17%
Change since IPO836.36%

Recent News & Updates

Dec 04
There's Been No Shortage Of Growth Recently For Perseus Mining's (ASX:PRU) Returns On Capital

There's Been No Shortage Of Growth Recently For Perseus Mining's (ASX:PRU) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...

Nov 18
We Think Shareholders Will Probably Be Generous With Perseus Mining Limited's (ASX:PRU) CEO Compensation

We Think Shareholders Will Probably Be Generous With Perseus Mining Limited's (ASX:PRU) CEO Compensation

It would be hard to discount the role that CEO Jeff Quartermaine has played in delivering the impressive results at...

Nov 04
Does Perseus Mining (ASX:PRU) Deserve A Spot On Your Watchlist?

Does Perseus Mining (ASX:PRU) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

PRUAU Metals and MiningAU Market
7D-2.2%-2.0%-2.8%
1Y22.6%7.0%5.8%

Return vs Industry: PRU exceeded the Australian Metals and Mining industry which returned 7% over the past year.

Return vs Market: PRU exceeded the Australian Market which returned 5.8% over the past year.

Price Volatility

Is PRU's price volatile compared to industry and market?
PRU volatility
PRU Average Weekly Movement5.5%
Metals and Mining Industry Average Movement10.8%
Market Average Movement8.6%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

Stable Share Price: PRU is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PRU's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aJeff Quartermainehttps://www.perseusmining.com

Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa. The company primarily holds interests in the Edikan gold mine project located in Ghana; and Sissingué and Yaoure gold projects located in Côte d’Ivoire. Perseus Mining Limited was incorporated in 2003 and is based in Subiaco, Australia.

Perseus Mining Fundamentals Summary

How do Perseus Mining's earnings and revenue compare to its market cap?
PRU fundamental statistics
Market CapAU$1.91b
Earnings (TTM)AU$116.22m
Revenue (TTM)AU$679.73m

16.4x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRU income statement (TTM)
RevenueAU$679.73m
Cost of RevenueAU$376.67m
Gross ProfitAU$303.07m
ExpensesAU$186.84m
EarningsAU$116.22m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Jan 24, 2022

Earnings per share (EPS)0.094
Gross Margin44.59%
Net Profit Margin17.10%
Debt/Equity Ratio12.6%

How did PRU perform over the long term?

See historical performance and comparison

Valuation

Is Perseus Mining undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PRU (A$1.55) is trading below our estimate of fair value (A$12.45)

Significantly Below Fair Value: PRU is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PRU's PE Ratio (16.4x) is in line with the Australian Metals and Mining industry average.

PE vs Market: PRU is good value based on its PE Ratio (16.4x) compared to the Australian market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: PRU is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: PRU is good value based on its PB Ratio (1.8x) compared to the AU Metals and Mining industry average (2.8x).


Future Growth

How is Perseus Mining forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

23.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRU's forecast earnings growth (23.3% per year) is above the savings rate (1.9%).

Earnings vs Market: PRU's earnings (23.3% per year) are forecast to grow faster than the Australian market (11.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PRU's revenue (12.9% per year) is forecast to grow faster than the Australian market (4.8% per year).

High Growth Revenue: PRU's revenue (12.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PRU's Return on Equity is forecast to be low in 3 years time (13.1%).


Past Performance

How has Perseus Mining performed over the past 5 years?

74.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRU has high quality earnings.

Growing Profit Margin: PRU's current net profit margins (17.1%) are higher than last year (16%).


Past Earnings Growth Analysis

Earnings Trend: PRU has become profitable over the past 5 years, growing earnings by 74% per year.

Accelerating Growth: PRU's earnings growth over the past year (23.2%) is below its 5-year average (74% per year).

Earnings vs Industry: PRU earnings growth over the past year (23.2%) underperformed the Metals and Mining industry 33%.


Return on Equity

High ROE: PRU's Return on Equity (13.2%) is considered low.


Financial Health

How is Perseus Mining's financial position?


Financial Position Analysis

Short Term Liabilities: PRU's short term assets (A$403.3M) exceed its short term liabilities (A$124.6M).

Long Term Liabilities: PRU's short term assets (A$403.3M) exceed its long term liabilities (A$225.9M).


Debt to Equity History and Analysis

Debt Level: PRU has more cash than its total debt.

Reducing Debt: Insufficient data to determine if PRU's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: PRU's debt is well covered by operating cash flow (226.7%).

Interest Coverage: PRU's interest payments on its debt are well covered by EBIT (32.7x coverage).


Balance Sheet


Dividend

What is Perseus Mining current dividend yield, its reliability and sustainability?

1.70%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PRU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PRU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PRU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PRU's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PRU's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average management tenure


CEO

Jeff Quartermaine (64 yo)

8.92yrs

Tenure

AU$1,662,681

Compensation

Mr. Jeffrey Allan Quartermaine, also known as Jeff, BE (Civil), MBA, FCPA has been the Chief Executive Officer of Perseus Mining limited since February 1, 2013 and has been its Managing Director since Janu...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD1.20M) is about average for companies of similar size in the Australian market ($USD1.40M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PRU's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: PRU's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Perseus Mining Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Perseus Mining Limited
  • Ticker: PRU
  • Exchange: ASX
  • Founded: 2003
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: AU$1.905b
  • Shares outstanding: 1.23b
  • Website: https://www.perseusmining.com

Number of Employees


Location

  • Perseus Mining Limited
  • 437 Roberts Road
  • Level 2
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 07:03
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.