2489 logo

Persistence Resources Group SEHK:2489 Stock Report

Last Price

HK$0.80

Market Cap

HK$1.6b

7D

-5.9%

1Y

n/a

Updated

26 Apr, 2024

Data

Company Financials

Persistence Resources Group Ltd

SEHK:2489 Stock Report

Market Cap: HK$1.6b

2489 Stock Overview

Persistence Resources Group Ltd engages in the exploration, mining, and processing of gold properties in China.

2489 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

Persistence Resources Group Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Persistence Resources Group
Historical stock prices
Current Share PriceHK$0.80
52 Week HighHK$1.00
52 Week LowHK$0.45
Beta0
1 Month Change29.03%
3 Month Change42.86%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO42.86%

Recent News & Updates

Recent updates

Shareholder Returns

2489HK Metals and MiningHK Market
7D-5.9%1.4%5.2%
1Yn/a22.3%-9.1%

Return vs Industry: Insufficient data to determine how 2489 performed against the Hong Kong Metals and Mining industry.

Return vs Market: Insufficient data to determine how 2489 performed against the Hong Kong Market.

Price Volatility

Is 2489's price volatile compared to industry and market?
2489 volatility
2489 Average Weekly Movement10.2%
Metals and Mining Industry Average Movement8.2%
Market Average Movement7.4%
10% most volatile stocks in HK Market14.8%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 2489's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine 2489's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005435Richard Shaowww.persistenceresource.com

Persistence Resources Group Ltd engages in the exploration, mining, and processing of gold properties in China. It operates two operating gold mines, including the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine located in Songjiagou, the MupingRushan gold metallogenic belt. The company was formerly known as Sinogold Resources Holdings Group Co., Ltd.

Persistence Resources Group Ltd Fundamentals Summary

How do Persistence Resources Group's earnings and revenue compare to its market cap?
2489 fundamental statistics
Market capHK$1.60b
Earnings (TTM)HK$70.25m
Revenue (TTM)HK$414.26m

22.8x

P/E Ratio

3.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2489 income statement (TTM)
RevenueCN¥383.46m
Cost of RevenueCN¥200.21m
Gross ProfitCN¥183.25m
Other ExpensesCN¥118.23m
EarningsCN¥65.03m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.033
Gross Margin47.79%
Net Profit Margin16.96%
Debt/Equity Ratio3.1%

How did 2489 perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.