Perseus Mining (PRU) Stock Price, News & Analysis

Company Overview

Perseus Mining Limited, together with its subsidiaries, explores, evaluates, develops, and mines for gold properties in West Africa. The company holds interests in the Edikan gold mine project located in Ghana; and the Sissingué and Yaouré gold mine projects located in Republic of Côte d'Ivoire. It also holds 70% interest in the Meyas Sand gold project in Sudan. Perseus Mining Limited was incorporated in 2003 and is based in Subiaco, Australia.

Key Stats

• Today's Range: C$2.39 to C$2.45
• 50-Day Range: C$2.21 to C$2.72
• 52-Week Range: C$1.41 to C$2.73
• Volume: 4,133 shs
• Average Volume: 51,192 shs
• Market Capitalization: C$3.38 billion
• P/E Ratio: 7.66
• Dividend Yield: 2.04%
• Price Target: C$2.70
• Consensus Rating: Strong Buy

Perseus Mining Stock Analysis - MarketRank™

Perseus Mining scored higher than 16% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Strong Buy

Amount of Analyst Coverage

Perseus Mining has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Perseus Mining is 7.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Perseus Mining is 7.47, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 111.95.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Perseus Mining, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Perseus Mining has a P/B Ratio of 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PRU.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Perseus Mining pays a meaningful dividend of 1.78%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Perseus Mining does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Perseus Mining is 15.63%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PRU.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: N/A

News Sentiment

Perseus Mining has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.

Search Interest

Only 17 people have searched for PRU on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Perseus Mining insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.78% of the stock of Perseus Mining is held by insiders.

Percentage Held by Institutions

60.20% of the stock of Perseus Mining is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PRU Stock Analysis - Frequently Asked Questions

How have PRU shares performed this year?

Perseus Mining's stock was trading at C$1.67 at the beginning of 2024. Since then, PRU stock has increased by 43.1% and is now trading at C$2.39.
View the best growth stocks for 2024 here.

How do I buy shares of Perseus Mining?

Shares of PRU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Perseus Mining own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Perseus Mining investors own include Toronto-Dominion Bank (TD), Meta Platforms (META), Shopify (SHOP), Alphabet (GOOG), NVIDIA (NVDA), B2Gold (BTO) and Great-West Lifeco (GWO).

Company Calendar

• Today: 11/20/2024
• Next Earnings (Estimated): 11/26/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Insurance
• Current Symbol: TSE:PRU
• CUSIP: N/A
• CIK: N/A
• Web: perseusmining.com
• Phone: +61-8-61441700
• Fax: N/A
• Employees: 39,900
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$2.70
• High Stock Price Target: C$2.70
• Low Stock Price Target: C$2.70
• Potential Upside/Downside: +13.0%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 4.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.32
• Trailing P/E Ratio: 7.47
• Forward P/E Ratio: 9.46
• P/E Growth: -0.13
• Net Income: C$324.28 million
• Net Margins: 31.61%
• Pretax Margin: N/A
• Return on Equity: 22.73%
• Return on Assets: 16.07%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 4.64
• Quick Ratio: 2.66

Sales & Book Value

• Annual Sales: C$1.03 billion
• Price / Sales: 3.20
• Cash Flow: C$0.37 per share
• Price / Cash Flow: 6.50
• Book Value: C$1.15 per share
• Price / Book: 2.08

Miscellaneous

• Outstanding Shares: 1,380,000,000
• Free Float: N/A
• Market Cap: C$3.30 billion
• Optionable: Not Optionable
• Beta: 0.99