Executive Summary
Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa.
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential with adequate balance sheet.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.0%
PRU
1.4%
AU Metals and Mining
-0.07%
AU Market
1 Year Return
177.8%
PRU
22.0%
AU Metals and Mining
19.1%
AU Market
Return vs Industry: PRU exceeded the Australian Metals and Mining industry which returned 22% over the past year.
Return vs Market: PRU exceeded the Australian Market which returned 19.1% over the past year.
Shareholder returns
| PRU | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | 1.4% | -0.07% |
| 30 Day | 20.5% | 1.5% | -0.6% |
| 90 Day | 44.9% | 0.7% | 0.4% |
| 1 Year | 177.8%177.8% | 30.9%22.0% | 25.0%19.1% |
| 3 Year | 80.2%80.2% | 59.5%37.6% | 36.0%17.4% |
| 5 Year | 359.4%354.5% | 117.5%66.1% | 63.2%26.5% |
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 day ago | Simply Wall St
Does Perseus Mining Limited (ASX:PRU) Have A High Beta?2 weeks ago | Simply Wall St
Should You Worry About Perseus Mining Limited's (ASX:PRU) CEO Salary Level?1 month ago | Simply Wall St
Health Check: How Prudently Does Perseus Mining (ASX:PRU) Use Debt?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) is trading below our estimate of fair value (A$23.1)
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 (151.6x) compared to the Metals and Mining industry average (13.1x).
PE vs Market: PRU is poor value based on its PE Ratio (151.6x) compared to the Australian market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: PRU is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: PRU is overvalued based on its PB Ratio (1.5x) compared to the AU Metals and Mining industry average (1.4x).
Next Steps
Future Growth
How is Perseus Mining forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
71.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRU's forecast earnings growth (71.5% per year) is above the savings rate (1.1%).
Earnings vs Market: PRU's earnings (71.5% per year) are forecast to grow faster than the Australian market (9.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PRU's revenue (20.2% per year) is forecast to grow faster than the Australian market (3.6% per year).
High Growth Revenue: PRU's revenue (20.2% 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 (21.5%)
Next Steps
Past Performance
How has Perseus Mining performed over the past 5 years?
-27.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRU has high quality earnings.
Growing Profit Margin: PRU became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PRU has become profitable over the past 5 years, growing earnings by -27.3% per year.
Accelerating Growth: PRU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PRU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (7.8%).
Return on Equity
High ROE: PRU's Return on Equity (1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Perseus Mining's financial position?
Financial Position Analysis
Short Term Liabilities: PRU's short term assets (A$268.5M) exceed its short term liabilities (A$85.8M).
Long Term Liabilities: PRU's short term assets (A$268.5M) exceed its long term liabilities (A$99.9M).
Debt to Equity History and Analysis
Debt Level: PRU's debt to equity ratio (5.7%) 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 (326.2%).
Interest Coverage: Insufficient data to determine if PRU's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: PRU has a high level of physical assets or inventory.
Debt Coverage by Assets: PRU's debt is covered by short term assets (assets are 6x debt).
Next Steps
Dividend
What is Perseus Mining's current dividend yield, its reliability and sustainability?
0.64%
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PRU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PRU's dividend yield against the top 25% of dividend payers, as the company has not reported any 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
What is the CEO of Perseus Mining's salary, the management and board of directors tenure and is there insider trading?
4.9yrs
Average management tenure
CEO
Jeff Quartermaine (62yo)
6.8yrs
Tenure
AU$1,229,034
Compensation
Mr. Jeffrey Allan Quartermaine, also known as Jeff, BE (Civil), MBA, FCPA has been the Chief Executive Officer of Perseus Mining limited since February 1, 2013 and has been its Managing Director since Janu ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD837.56K) is about average for companies of similar size in the Australian market ($USD999.30K).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.9yrs
Average Tenure
Experienced Management: PRU's management team is considered experienced (4.9 years average tenure).
Board Age and Tenure
2.5yrs
Average Tenure
59.5yo
Average Age
Experienced Board: PRU's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 6,196,638 |
| Max Price | AU$0.89 |
| Entity | Company |
| Shares | 1,019,650 |
| Max Price | AU$0.76 |
| Entity | Company |
| Shares | 43,898 |
| Max Price | AU$0.74 |
| Entity | Company |
| Shares | 11,737,416 |
| Max Price | AU$0.92 |
| Entity | Company |
| Shares | 9,798,969 |
| Max Price | AU$0.88 |
| Entity | Company |
| Shares | 2,032,039 |
| Max Price | AU$0.88 |
| Entity | Company |
| Shares | 6,553,745 |
| Max Price | AU$0.62 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 100,000 |
| Max Price | AU$0.71 |
| Entity | Company |
| Shares | 5,937,584 |
| Max Price | AU$0.60 |
| Entity | Company |
| Shares | 2,025,510 |
| Max Price | AU$0.45 |
| Entity | Company |
| Shares | 11,477,317 |
| Max Price | AU$0.62 |
| Entity | Company |
| Shares | 2,977,840 |
| Max Price | AU$0.47 |
| Entity | Company |
| Shares | 1,761,527 |
| Max Price | AU$0.48 |
| Entity | Company |
| Shares | 197,433 |
| Max Price | AU$0.44 |
| Entity | Company |
| Shares | 85,524 |
| Max Price | AU$0.46 |
| Entity | Company |
| Shares | 3,105,523 |
| Max Price | AU$0.48 |
| Entity | Company |
| Shares | 15,369,522 |
| Max Price | AU$0.45 |
| Entity | Company |
| Shares | 474,490 |
| Max Price | AU$0.45 |
| Entity | Company |
| Shares | 10,100,000 |
| Max Price | AU$0.34 |
| Entity | Company |
| Shares | 7,713,629 |
| Max Price | AU$0.46 |
| Entity | Company |
| Shares | 1,889,586 |
| Max Price | AU$0.40 |
| Entity | Company |
| Shares | 3,197,404 |
| Max Price | AU$0.39 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 160,000 |
| Max Price | AU$0.36 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 160,000 |
| Max Price | AU$0.39 |
| Entity | Company |
| Shares | 8,394,892 |
| Max Price | AU$0.49 |
| Entity | Company |
| Shares | 18,947,403 |
| Max Price | AU$0.49 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
Management Team
Doug Jones (65yo)
Group General Manager of Exploration & Geology
- Tenure: 3.7yrs
- Compensation: AU$523.29k
Jeff Quartermaine (62yo)
MD, CEO & Director
- Tenure: 6.8yrs
- Compensation: AU$1.23m
Paul Thompson
Group General Manager of Technical Services
- Tenure: 4.9yrs
- Compensation: AU$436.79k
Elissa Brown
Chief Financial Officer
- Tenure: 6.8yrs
- Compensation: AU$570.28k
Chris Woodall
Chief Operating Officer
- Tenure: 3.3yrs
- Compensation: AU$708.87k
Martijn Bosboom
General Counsel & Company Secretary
- Tenure: 6.4yrs
- Compensation: AU$544.55k
Matthew Scully
Group General Manager of Project Development
- Tenure: 3yrs
- Compensation: AU$441.58k
Andrew Grove
General Manager of Business Development & Investor Relations
- Tenure: 0yrs
Michael Beck
Group Human Resources Manager
- Tenure: 0yrs
Board Members
Jeff Quartermaine (62yo)
MD, CEO & Director
- Tenure: 6.8yrs
- Compensation: AU$1.23m
David Ransom
Non-Executive Director
- Tenure: 0.08yrs
Terence Harvey (60yo)
Non-Executive Chairman
- Tenure: 2.7yrs
- Compensation: AU$185.30k
Dan Lougher (59yo)
Non-Executive Director
- Tenure: 0.6yrs
- Compensation: AU$12.89k
John McGloin (54yo)
Non-Executive Director
- Tenure: 3.7yrs
- Compensation: AU$107.42k
Sally-Anne Layman
Non-Executive Director
- Tenure: 2.3yrs
- Compensation: AU$108.80k
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$1.168b
- Shares outstanding: 1.17b
- 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 | 2019/12/11 10:30 |
| End of Day Share Price | 2019/12/11 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.