Perseus Mining Limited

TSX:PRU Stock Report

Market Cap: CA$7.2b

Perseus Mining Valuation

Is PRU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of PRU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: PRU (CA$5.31) is trading above our estimate of future cash flow value (CA$3.12)

Significantly Below Future Cash Flow Value: PRU is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PRU?

Key metric: As PRU is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PRU. This is calculated by dividing PRU's market cap by their current earnings.
What is PRU's PE Ratio?
PE Ratio14.8x
EarningsUS$356.12m
Market CapUS$5.29b

Price to Earnings Ratio vs Peers

How does PRU's PE Ratio compare to its peers?

The above table shows the PE ratio for PRU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.5x
TXG Torex Gold Resources
12.9x15.02%CA$7.0b
SSRM SSR Mining
15.6x22.52%CA$8.7b
BTO B2Gold
17.7x44.58%CA$9.5b
ARIS Aris Mining
79.8x93.29%CA$5.5b
PRU Perseus Mining
14.8x14.09%CA$7.5b

Price-To-Earnings vs Peers: PRU is good value based on its Price-To-Earnings Ratio (14.8x) compared to the peer average (31.6x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does PRU's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

32 CompaniesPrice / EarningsEstimated GrowthMarket Cap
THX Thor Explorations
4.5x-11.92%US$755.54m
DC.A Dundee
3.1xn/aUS$291.48m
MMY Monument Mining
4.7xn/aUS$262.38m
NIF.UN Noranda Income Fund
4.2xn/aUS$72.05m
PRU 14.8xIndustry Avg. 18.6xNo. of Companies32PE020406080100+
32 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PRU is good value based on its Price-To-Earnings Ratio (14.8x) compared to the Canadian Metals and Mining industry average (19.1x).

Price to Earnings Ratio vs Fair Ratio

What is PRU's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PRU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.8x
Fair PE Ratio21.5x

Price-To-Earnings vs Fair Ratio: PRU is good value based on its Price-To-Earnings Ratio (14.8x) compared to the estimated Fair Price-To-Earnings Ratio (21.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PRU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$5.31
CA$6.30
+18.58%
23.32%CA$7.89CA$2.92n/a7
Feb ’27CA$5.04
CA$5.96
+18.17%
22.88%CA$7.30CA$2.84n/a7
Jan ’27CA$5.02
CA$5.23
+4.10%
27.16%CA$6.89CA$2.51n/a6
Dec ’26CA$5.13
CA$4.96
-3.28%
26.73%CA$6.91CA$2.52n/a7
Nov ’26CA$4.46
CA$4.67
+4.80%
27.25%CA$6.92CA$2.52n/a7
Oct ’26CA$4.52
CA$4.29
-5.17%
22.31%CA$5.89CA$2.39n/a7
Sep ’26CA$3.45
CA$3.65
+5.69%
22.81%CA$5.21CA$2.34n/a7
Aug ’26CA$2.98
CA$3.56
+19.61%
22.50%CA$5.20CA$2.29n/a7
Jul ’26CA$3.08
CA$3.57
+16.05%
20.58%CA$4.69CA$2.10n/a7
Jun ’26CA$3.40
CA$3.41
+0.36%
20.52%CA$4.45CA$2.09n/a7
May ’26CA$2.95
CA$3.39
+14.96%
20.52%CA$4.42CA$2.08n/a7
Apr ’26CA$2.99
CA$3.18
+6.38%
18.06%CA$3.59CA$1.93n/a6
Mar ’26CA$2.61
CA$3.07
+17.66%
18.54%CA$3.63CA$1.95CA$5.956
Feb ’26CA$2.55
CA$2.96
+16.08%
17.65%CA$3.60CA$1.94CA$5.046
Jan ’26CA$2.28
CA$2.98
+30.63%
17.68%CA$3.62CA$1.95CA$5.026
Dec ’25CA$2.42
CA$2.89
+19.25%
18.43%CA$3.63CA$1.86CA$5.136
Nov ’25CA$2.58
CA$2.90
+12.45%
18.49%CA$3.66CA$1.88CA$4.466
Oct ’25CA$2.41
CA$2.60
+7.74%
21.93%CA$3.32CA$1.65CA$4.527
Sep ’25CA$2.40
CA$2.51
+4.46%
23.06%CA$3.28CA$1.63CA$3.456
Aug ’25CA$2.26
CA$2.40
+6.09%
21.70%CA$3.16CA$1.62CA$2.986
Jul ’25CA$2.13
CA$2.37
+11.33%
25.12%CA$3.29CA$1.63CA$3.086
Jun ’25CA$2.12
CA$2.30
+8.32%
23.11%CA$3.27CA$1.62CA$3.406
May ’25CA$1.96
CA$2.22
+13.11%
23.16%CA$3.21CA$1.59CA$2.956
Apr ’25CA$1.95
CA$1.94
-0.63%
15.10%CA$2.40CA$1.59CA$2.996
Mar ’25CA$1.61
CA$1.98
+22.68%
12.42%CA$2.29CA$1.63CA$2.615
CA$6.15
Fair Value
13.7% undervalued intrinsic discount
7
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/06 00:13
End of Day Share Price 2026/03/06 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Perseus Mining Limited is covered by 29 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicolas DionATB Cormark
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Dale KoendersBarrenjoey Markets Pty Limited