Executive Summary
Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa. More Details
Rewards
Risk Analysis
No risks detected for PRU from our risk checks.
Snowflake Analysis
Exceptional growth potential and undervalued.
Similar Companies
Share Price & News
How has Perseus Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRU is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PRU's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
4.9%
PRU
0.9%
AU Metals and Mining
-1.1%
AU Market
1 Year Return
12.3%
PRU
18.9%
AU Metals and Mining
1.7%
AU Market
Return vs Industry: PRU underperformed the Australian Metals and Mining industry which returned 18.9% over the past year.
Return vs Market: PRU exceeded the Australian Market which returned 1.7% over the past year.
Shareholder returns
| PRU | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.9% | 0.9% | -1.1% |
| 30 Day | -7.4% | 10.6% | 10.8% |
| 90 Day | -13.8% | 3.5% | 8.1% |
| 1 Year | 12.3%12.3% | 25.3%18.9% | 5.2%1.7% |
| 3 Year | 264.6%264.6% | 64.2%41.5% | 24.1%8.7% |
| 5 Year | 262.9%259.1% | 213.6%154.2% | 58.8%26.5% |
Long-Term Price Volatility Vs. Market
How volatile is Perseus Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Did You Miss Perseus Mining's (ASX:PRU) Impressive 278% Share Price Gain?3 weeks ago | Simply Wall St
We're Watching These Trends At Perseus Mining (ASX:PRU)1 month ago | Simply Wall St
How Much Does Perseus Mining's (ASX:PRU) CEO Make?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$1.19) is trading below our estimate of fair value (A$12.59)
Significantly Below Fair Value: PRU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PRU is poor value based on its PE Ratio (14.7x) compared to the AU Metals and Mining industry average (11.3x).
PE vs Market: PRU is good value based on its PE Ratio (14.7x) compared to the Australian market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: PRU is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: PRU is good value based on its PB Ratio (1.6x) compared to the AU Metals and Mining industry average (2.5x).
Next Steps
Future Growth
How is Perseus Mining forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
49.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRU's forecast earnings growth (49.3% per year) is above the savings rate (2.3%).
Earnings vs Market: PRU's earnings (49.3% per year) are forecast to grow faster than the Australian market (17.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PRU's revenue (27.8% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: PRU's revenue (27.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PRU's Return on Equity is forecast to be high in 3 years time (27%)
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Past Performance
How has Perseus Mining performed over the past 5 years?
7.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRU has high quality earnings.
Growing Profit Margin: PRU's current net profit margins (16%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: PRU has become profitable over the past 5 years, growing earnings by 7.8% per year.
Accelerating Growth: PRU's earnings growth over the past year (1229.7%) exceeds its 5-year average (7.8% per year).
Earnings vs Industry: PRU earnings growth over the past year (1229.7%) exceeded the Metals and Mining industry 38%.
Return on Equity
High ROE: PRU's Return on Equity (10.8%) is considered low.
Next Steps
Financial Health
How is Perseus Mining's financial position?
Financial Position Analysis
Short Term Liabilities: PRU's short term assets (A$362.7M) exceed its short term liabilities (A$109.8M).
Long Term Liabilities: PRU's short term assets (A$362.7M) exceed its long term liabilities (A$310.4M).
Debt to Equity History and Analysis
Debt Level: PRU's debt to equity ratio (24.9%) is considered satisfactory.
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 (97.8%).
Interest Coverage: PRU's interest payments on its debt are well covered by EBIT (27.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Perseus Mining current dividend yield, its reliability and sustainability?
0.98%
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?
4.7yrs
Average management tenure
CEO
Jeff Quartermaine (63 yo)
7.83yrs
Tenure
AU$1,975,098
Compensation
Mr. Jeffrey Allan Quartermaine, also known as Jeff, BE (Civil), MBA, FCPA has been the Chief Executive Officer of Perseus Mining limited since February 1, 2013 and has been its Managing Director since Janu...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD1.46M) is above average for companies of similar size in the Australian market ($USD923.33K).
Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 7.83yrs | AU$1.98m | 0.19% A$ 2.4m | |
| Chief Operating Officer | 4.25yrs | AU$1.05m | 0.013% A$ 160.6k | |
| General Counsel & Company Secretary | 7.42yrs | AU$720.31k | no data | |
| Group General Manager of Exploration & Geology | 4.67yrs | AU$681.57k | 0% A$ 0 | |
| Group General Manager of Project Development | 4yrs | AU$707.44k | no data | |
| Chief Financial Officer | 0.083yr | no data | no data | |
| Group General Manager of Technical Services | 5.92yrs | AU$436.79k | no data | |
| General Manager of Business Development & Investor Relations | no data | no data | no data | |
| Group Human Resources Manager | no data | no data | no data |
4.7yrs
Average Tenure
63yo
Average Age
Experienced Management: PRU's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 7.83yrs | AU$1.98m | 0.19% A$ 2.4m | |
| Non-Executive Director | 1.08yrs | AU$65.33k | 0.0076% A$ 94.0k | |
| Independent Non-Executive Chairman | 3.67yrs | AU$185.30k | 0.13% A$ 1.6m | |
| Non-Executive Director | 1.58yrs | AU$102.03k | 0.00077% A$ 9.6k | |
| Independent Non-Executive Director | 4.67yrs | AU$113.90k | 0.062% A$ 772.9k | |
| Non-Executive Director | 0.083yr | AU$897.16k | 0.051% A$ 630.2k |
2.6yrs
Average Tenure
60.5yo
Average Age
Experienced Board: PRU's board of directors are not considered experienced ( 2.6 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 company bio, employee growth, exchange listings and data sources
Key Information
- Name: Perseus Mining Limited
- Ticker: PRU
- Exchange: ASX
- Founded: 2003
- Industry: Gold
- Sector: Materials
- Market Cap: AU$1.245b
- Shares outstanding: 1.03b
- Website: https://www.perseusmining.com
Number of Employees
Location
- Perseus Mining Limited
- 437 Roberts Road
- Level 2
- Subiaco
- Western Australia
- 6008
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PRU | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Sep 2004 |
| P4Q | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Sep 2004 |
| PMNX.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Sep 2004 |
| PRU | TSX (The Toronto Stock Exchange) | Yes | Ordinary Shares | CA | CAD | Sep 2004 |
| PRU | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Sep 2004 |
| 0TXW | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | AUD | Sep 2004 |
Biography
Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa. It holds interests in the Edikan gold mine and Grumesa project located in Ghana; and Sissingué and Yaoure...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/03 07:01 |
| End of Day Share Price | 2020/12/03 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.