Perseus Mining (PRU) Stock Price, News & Analysis

Company Overview

Perseus Mining Limited is an Australian-based gold mining and exploration company with primary listings on the Toronto Stock Exchange (TSE:PRU) and the Australian Securities Exchange (ASX). Headquartered in Perth, Western Australia, the company is engaged in the acquisition, exploration, development and operation of gold deposits in West Africa. Since its formation in 2010, Perseus has built a portfolio of advanced gold assets and has positioned itself as a mid-tier producer in the region.

The company’s core operations include the Edikan Gold Mine in Ghana and the Yaouré Gold Mine in Côte d’Ivoire, complemented by the Sissingue and Bibiani projects. At these sites, Perseus conducts open-pit and underground mining, processing ore through conventional carbon-in-leach and carbon-in-pulp circuits to produce gold doré bars. The company also maintains an active exploration program across its licences, targeting extensions of known mineralisation as well as new discoveries within the mineral-rich Birimian greenstone belts.

Perseus’s growth trajectory has been marked by strategic acquisitions and organic project development. The Edikan mine achieved first gold in 2011, establishing Perseus as a gold producer. In subsequent years, the company expanded through the acquisition of Red Back Mining in 2016, which added the Tasiast operation in Mauritania, though this asset was later divested to refocus on core West African operations. Perseus continues to invest in resource conversion, infrastructure upgrades and exploration to sustain production and extend mine lives.

Leadership at Perseus is anchored by Managing Director and Chief Executive Officer Jeff Quartermaine, who has overseen the company’s operational ramp-up and expansion efforts. The board and senior management combine extensive experience in mining finance, engineering and stakeholder engagement, supporting Perseus’s commitment to responsible mining practices. The company places strong emphasis on local community relations, environmental stewardship and workforce development across its West African operations.

Key Stats

• Today's Range: C$3.20 to C$3.24
• 50-Day Range: C$2.91 to C$3.61
• 52-Week Range: C$2.10 to C$3.61
• Volume: 9,718 shs
• Average Volume: 35,256 shs
• Market Capitalization: C$4.89 billion
• P/E Ratio: 9.98
• Dividend Yield: 1.56%
• Price Target: C$2.70
• Consensus Rating: Strong Buy

Perseus Mining Stock Analysis - MarketRank™

Perseus Mining scored higher than 10% 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: 0.0 / 5
• Analyst Rating: Strong Buy

Amount of Analyst Coverage

Perseus Mining has received no research coverage 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 9.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Perseus Mining is 9.98, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 92.75.

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 3.70. P/B Ratios above 3 indicate that a company could be overvalued 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 1.64%, 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 15.59%. 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: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Perseus Mining has a news sentiment score of 1.11. 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 is a higher news sentiment than the 0.59 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Perseus Mining this week, compared to 1 article on an average week.

Search Interest

14 people have searched for PRU on MarketBeat in the last 30 days. This is an increase of 100% 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$2.28 on January 1st, 2025. Since then, PRU stock has increased by 40.4% and is now trading at C$3.20.

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.

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).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: MINING - GOLD
• Sub-Industry: Insurance
• Current Symbol: TSE:PRU
• CIK: N/A
• Web: www.perseusmining.com
• Phone: +61 8 6266 6100
• Fax: N/A
• Employees: 39,900
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Perseus Mining: C$2.70
• High Price Target: C$2.70
• Low Price Target: C$2.70
• Potential Upside/Downside: -15.6%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 4.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.32
• Trailing P/E Ratio: 9.98
• Forward P/E Ratio: 12.66
• P/E Growth: -0.13
• Net Income: C$546.57 million
• Net Margins: 31.59%
• Pretax Margin: N/A
• Return on Equity: 22.01%
• Return on Assets: 16.07%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 4.64
• Quick Ratio: 2.66

Sales & Book Value

• Annual Sales: C$1.73 billion
• Price / Sales: 2.83
• Cash Flow: C$0.49 per share
• Price / Cash Flow: 6.50
• Book Value: C$0.87 per share
• Price / Book: 3.70

Miscellaneous

• Outstanding Shares: 1,529,189,256
• Free Float: N/A
• Market Cap: C$4.89 billion
• Optionable: Not Optionable
• Beta: 0.99