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Persistence Resources Group SEHK:2489 Stock Report

Last Price

HK$1.23

Market Cap

HK$2.5b

7D

41.4%

1Y

35.2%

Updated

12 Apr, 2025

Data

Company Financials

Persistence Resources Group Ltd

SEHK:2489 Stock Report

Market Cap: HK$2.5b

2489 Stock Overview

Engages in the exploration, mining, and processing of gold properties in China. More details

2489 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

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Persistence Resources Group Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Persistence Resources Group
Historical stock prices
Current Share PriceHK$1.23
52 Week HighHK$1.23
52 Week LowHK$0.084
Beta0
1 Month Change50.00%
3 Month Change44.71%
1 Year Change35.16%
3 Year Changen/a
5 Year Changen/a
Change since IPO119.64%

Recent News & Updates

Subdued Growth No Barrier To Persistence Resources Group Ltd (HKG:2489) With Shares Advancing 46%

Apr 11
Subdued Growth No Barrier To Persistence Resources Group Ltd (HKG:2489) With Shares Advancing 46%

Recent updates

Subdued Growth No Barrier To Persistence Resources Group Ltd (HKG:2489) With Shares Advancing 46%

Apr 11
Subdued Growth No Barrier To Persistence Resources Group Ltd (HKG:2489) With Shares Advancing 46%

Earnings Not Telling The Story For Persistence Resources Group Ltd (HKG:2489)

Feb 19
Earnings Not Telling The Story For Persistence Resources Group Ltd (HKG:2489)

Persistence Resources Group (HKG:2489) Has A Rock Solid Balance Sheet

Nov 26
Persistence Resources Group (HKG:2489) Has A Rock Solid Balance Sheet

Shareholder Returns

2489HK Metals and MiningHK Market
7D41.4%-5.4%-6.7%
1Y35.2%-7.2%15.8%

Return vs Industry: 2489 exceeded the Hong Kong Metals and Mining industry which returned -7.2% over the past year.

Return vs Market: 2489 exceeded the Hong Kong Market which returned 15.8% over the past year.

Price Volatility

Is 2489's price volatile compared to industry and market?
2489 volatility
2489 Average Weekly Movement12.4%
Metals and Mining Industry Average Movement7.6%
Market Average Movement7.9%
10% most volatile stocks in HK Market15.1%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 2489's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2489's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
2005485Richard 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 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$2.46b
Earnings (TTM)HK$111.57m
Revenue (TTM)HK$531.99m

22.0x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2489 income statement (TTM)
RevenueCN¥499.51m
Cost of RevenueCN¥245.75m
Gross ProfitCN¥253.76m
Other ExpensesCN¥149.00m
EarningsCN¥104.76m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.052
Gross Margin50.80%
Net Profit Margin20.97%
Debt/Equity Ratio0%

How did 2489 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/12 15:52
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

Persistence Resources Group Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.