Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa.
Exceptional growth potential with excellent balance sheet.
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.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: PRU exceeded the Australian Metals and Mining industry which returned -18.7% over the past year.
Return vs Market: PRU exceeded the Australian Market which returned -19% over the past year.
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 StHow Do Perseus Mining Limited’s (ASX:PRU) Returns On Capital Compare To Peers?
1 month ago | Simply Wall StCould The Perseus Mining Limited (ASX:PRU) Ownership Structure Tell Us Something Useful?
1 month ago | Simply Wall StShould You Use Perseus Mining's (ASX:PRU) Statutory Earnings To Analyse It?
Is Perseus Mining undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PRU (A$0.93) is trading below our estimate of fair value (A$55.05)
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 (39.6x) compared to the Metals and Mining industry average (8x).
PE vs Market: PRU is poor value based on its PE Ratio (39.6x) compared to the Australian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: PRU is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: PRU is overvalued based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (1x).
How is Perseus Mining forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRU's forecast earnings growth (40.6% per year) is above the savings rate (1.1%).
Earnings vs Market: PRU's earnings (40.6% per year) are forecast to grow faster than the Australian market (10% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PRU's revenue (21.1% per year) is forecast to grow faster than the Australian market (4.1% per year).
High Growth Revenue: PRU's revenue (21.1% 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 (27.7%)
How has Perseus Mining performed over the past 5 years?
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 -21.7% 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%).
Return on Equity
High ROE: PRU's Return on Equity (3.4%) is considered low.
How is Perseus Mining's financial position?
Financial Position Analysis
Short Term Liabilities: PRU's short term assets (A$222.1M) exceed its short term liabilities (A$95.9M).
Long Term Liabilities: PRU's short term assets (A$222.1M) exceed its long term liabilities (A$147.3M).
Debt to Equity History and Analysis
Debt Level: PRU's debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PRU's debt to equity ratio has reduced over the past 5 years.
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 3.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PRU is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: PRU is profitable, therefore cash runway is not a concern.
What is Perseus Mining's current dividend yield, its reliability and sustainability?
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 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Quartermaine (62yo)
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 ($USD738.56K) is about average for companies of similar size in the Australian market ($USD1.05M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||7.17yrs||AU$1.23m||0.086% A$925.0k|
|Chief Financial Officer||7.17yrs||AU$570.28k||0.032% A$343.5k|
|Chief Operating Officer||3.58yrs||AU$708.87k||no data|
|General Counsel & Company Secretary||6.75yrs||AU$544.55k||0.013% A$138.7k|
|Group General Manager of Exploration & Geology||4yrs||AU$523.29k||0.022% A$241.3k|
|Group General Manager of Project Development||3.33yrs||AU$441.58k||0.017% A$185.0k|
|Group General Manager of Technical Services||5.25yrs||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|
Experienced Management: PRU's management team is seasoned and experienced (5.3 years average tenure).
|MD, CEO & Director||7.17yrs||AU$1.23m||0.086% A$925.0k|
|Non-Executive Director||0.42yr||no data||0.0067% A$72.2k|
|Non-Executive Chairman||3yrs||AU$185.30k||0.15% A$1.6m|
|Non-Executive Director||0.92yr||AU$12.89k||no data|
|Non-Executive Director||4yrs||AU$107.42k||0.11% A$1.2m|
|Non-Executive Director||2.58yrs||AU$108.80k||0.018% A$194.3k|
Experienced Board: PRU's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PRU insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.
Perseus Mining Limited's company bio, employee growth, exchange listings and data sources
- Name: Perseus Mining Limited
- Ticker: PRU
- Exchange: ASX
- Founded: 2003
- Industry: Gold
- Sector: Materials
- Market Cap: AU$1.080b
- Shares outstanding: 1.17b
- Website: https://www.perseusmining.com
Number of Employees
- Perseus Mining Limited
- 437 Roberts Road
- Level 2
- Western Australia
|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|
|P4Q||MUN (Boerse Muenchen)||Yes||Ordinary Shares||DE||EUR||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|
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 gold projects located in Côte d’Ivoire, as well as Mahalé, Mbengué, and Napié licenses in Côte d’Ivoire. The company was incorporated in 2003 and is based in Subiaco, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 10:32|
|End of Day Share Price||2020/04/03 00:00|
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.