Perseus Mining Limited

OTCPK:PMNX.F Stock Report

Market Cap: US$6.0b

Perseus Mining Valuation

Is PMNX.F 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 PMNX.F 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: PMNX.F ($4.36) is trading above our estimate of future cash flow value ($2.23)

Significantly Below Future Cash Flow Value: PMNX.F 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 PMNX.F?

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

The above table shows the Price to Earnings ratio for PMNX.F. This is calculated by dividing PMNX.F's market cap by their current earnings.
What is PMNX.F's PE Ratio?
PE Ratio16.9x
EarningsUS$356.12m
Market CapUS$6.00b

Price to Earnings Ratio vs Peers

How does PMNX.F's PE Ratio compare to its peers?

The above table shows the PE ratio for PMNX.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.8x
DRD DRDGOLD
16.7xn/aUS$3.4b
BVN Compañía de Minas BuenaventuraA
13.7x0.99%US$11.1b
RGLD Royal Gold
55.3x18.42%US$25.4b
CDE Coeur Mining
29.5x13.04%US$17.4b
PMNX.F Perseus Mining
16.9x14.09%US$8.5b

Price-To-Earnings vs Peers: PMNX.F is good value based on its Price-To-Earnings Ratio (16.9x) compared to the peer average (28.8x).

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 PMNX.F's PE Ratio compare vs other companies in the US Metals and Mining Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AUCO.Y Polymetal International
4xn/aUS$899.89m
BMXI Brookmount Explorations
0.9xn/aUS$8.99m
RMRI Rocky Mountain Industrials
0.9xn/aUS$1.76m
MDSM.F Ten Sixty Four
0.06xn/aUS$455.60k
PMNX.F 16.9xIndustry Avg. 23.5xNo. of Companies8PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PMNX.F is good value based on its Price-To-Earnings Ratio (16.9x) compared to the US Metals and Mining industry average (23.5x).

Price to Earnings Ratio vs Fair Ratio

What is PMNX.F'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.

PMNX.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.9x
Fair PE Ratio23.9x

Price-To-Earnings vs Fair Ratio: PMNX.F is good value based on its Price-To-Earnings Ratio (16.9x) compared to the estimated Fair Price-To-Earnings Ratio (23.9x).

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 PMNX.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$4.36
US$4.61
+5.64%
21.80%US$5.77US$2.14n/a8
Feb ’27US$3.74
US$4.37
+16.95%
22.88%US$5.36US$2.09n/a7
Jan ’27US$3.70
US$3.80
+2.67%
27.16%US$5.01US$1.82n/a6
Dec ’26US$3.67
US$3.55
-3.29%
26.73%US$4.95US$1.80n/a7
Nov ’26US$3.13
US$3.35
+7.07%
27.25%US$4.96US$1.81n/a7
Oct ’26US$3.27
US$3.08
-5.79%
22.31%US$4.23US$1.72n/a7
Sep ’26US$2.50
US$2.66
+6.42%
22.81%US$3.80US$1.70n/a7
Aug ’26US$2.17
US$2.59
+19.23%
22.50%US$3.78US$1.66n/a7
Jul ’26US$2.30
US$2.62
+13.97%
20.58%US$3.44US$1.54n/a7
Jun ’26US$2.45
US$2.47
+0.65%
20.52%US$3.21US$1.51n/a7
May ’26US$2.09
US$2.45
+17.24%
20.52%US$3.19US$1.50n/a7
Apr ’26US$2.07
US$2.22
+7.40%
18.06%US$2.51US$1.35n/a6
Mar ’26US$1.78
US$2.15
+20.51%
18.54%US$2.54US$1.36US$4.306
Feb ’26US$1.80
US$2.04
+13.52%
17.65%US$2.49US$1.34US$3.746
Jan ’26US$1.56
US$2.09
+34.21%
17.68%US$2.55US$1.37US$3.706
Dec ’25US$1.68
US$2.06
+22.90%
18.43%US$2.60US$1.33US$3.676
Nov ’25US$1.83
US$2.08
+13.59%
18.49%US$2.62US$1.34US$3.136
Oct ’25US$1.80
US$1.91
+6.35%
21.93%US$2.45US$1.22US$3.277
Sep ’25US$1.78
US$1.86
+4.51%
23.06%US$2.44US$1.21US$2.506
Aug ’25US$1.64
US$1.73
+5.38%
21.70%US$2.28US$1.16US$2.176
Jul ’25US$1.55
US$1.73
+12.08%
25.12%US$2.40US$1.19US$2.306
Jun ’25US$1.56
US$1.67
+7.62%
23.11%US$2.38US$1.18US$2.456
May ’25US$1.47
US$1.62
+10.38%
23.16%US$2.35US$1.17US$2.096
Apr ’25US$1.45
US$1.43
-1.39%
15.10%US$1.77US$1.17US$2.076
Mar ’25US$1.16
US$1.46
+25.98%
12.42%US$1.69US$1.20US$1.785
US$4.49
Fair Value
2.9% undervalued intrinsic discount
8
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 Analysis2026/03/02 15:13
End of Day Share Price 2026/03/02 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. 7 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