Perseus Mining (PRU) Stock Overview
Explores, evaluates, develops, and mines for gold properties in Ghana, Côte d’Ivoire, Tanzania, and Sudan. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
No risks detected for PRU from our risk checks.
PRU Community Fair Values
Create NarrativeSee what 81 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
AU$7.96
FV
39.8% undervalued intrinsic discount16.75%
Revenue growth p.a.
67
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Perseus Mining Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$4.79 |
| 52 Week High | AU$6.60 |
| 52 Week Low | AU$3.20 |
| Beta | 1.02 |
| 1 Month Change | -12.11% |
| 3 Month Change | -14.31% |
| 1 Year Change | 30.52% |
| 3 Year Change | 174.50% |
| 5 Year Change | 207.05% |
| Change since IPO | 2,803.03% |
Recent News & Updates
Narrative Update • Jul 14
PRU: Lower Margins And West Africa Risks Will Likely Cap Future Upside
Analysts have trimmed their price target for Perseus Mining to A$3.21 from A$3.50, citing a lower fair value estimate and reduced profit margin assumptions, partly offset by revised expectations for revenue growth and future P/E. What's in the News for Perseus Mining Perseus Mining continues to run a multi mine gold portfolio in Ghana and Côte d’Ivoire, with management focused on cost discipline and operational continuity in regions affected by market and geopolitical challenges.Narrative Update • Jun 30
PRU: Capital Returns And Nyanzaga Execution Risk Will Likely Limit Future Upside
Analysts have trimmed their price target for Perseus Mining to A$3.50 from A$3.68, citing updated assumptions that include a higher discount rate, slightly stronger revenue growth expectations, a lower projected profit margin and a higher future P/E multiple. What’s in the News for Perseus Mining Perseus Mining reported net profit of US$185.5 million for the first half of FY2026, supported an A$100 million share buyback and doubled its interim dividend while remaining debt free, according to recent ASX materials sector coverage.Analysis Article • Jun 17
Perseus Mining (ASX:PRU) Shares Could Be 13% Undervalued After Buyback Expansion
Perseus Mining (ASX:PRU) has lifted its on-market share buyback authorisation by A$50 million to A$150 million, a move that signals the board’s confidence in the balance sheet and free cash flow. See our latest analysis for Perseus Mining. The share price reaction to the expanded buyback has come on top of already strong performance, with a 7 day share price return of 20.56% and a 90 day share price return of 18.28%. Perseus Mining’s 1 year and 5 year total shareholder returns of 55.30% and...Recent updates
Narrative Update • Jul 14
PRU: Lower Margins And West Africa Risks Will Likely Cap Future Upside
Analysts have trimmed their price target for Perseus Mining to A$3.21 from A$3.50, citing a lower fair value estimate and reduced profit margin assumptions, partly offset by revised expectations for revenue growth and future P/E. What's in the News for Perseus Mining Perseus Mining continues to run a multi mine gold portfolio in Ghana and Côte d’Ivoire, with management focused on cost discipline and operational continuity in regions affected by market and geopolitical challenges.Narrative Update • Jun 30
PRU: Capital Returns And Nyanzaga Execution Risk Will Likely Limit Future Upside
Analysts have trimmed their price target for Perseus Mining to A$3.50 from A$3.68, citing updated assumptions that include a higher discount rate, slightly stronger revenue growth expectations, a lower projected profit margin and a higher future P/E multiple. What’s in the News for Perseus Mining Perseus Mining reported net profit of US$185.5 million for the first half of FY2026, supported an A$100 million share buyback and doubled its interim dividend while remaining debt free, according to recent ASX materials sector coverage.Analysis Article • Jun 17
Perseus Mining (ASX:PRU) Shares Could Be 13% Undervalued After Buyback Expansion
Perseus Mining (ASX:PRU) has lifted its on-market share buyback authorisation by A$50 million to A$150 million, a move that signals the board’s confidence in the balance sheet and free cash flow. See our latest analysis for Perseus Mining. The share price reaction to the expanded buyback has come on top of already strong performance, with a 7 day share price return of 20.56% and a 90 day share price return of 18.28%. Perseus Mining’s 1 year and 5 year total shareholder returns of 55.30% and...
New Narrative • Jun 17
Mega IPO Liquidity Cycles and Temporary Mispricing in Defensive Assets – A Perseus Mining Case Study
The recent SpaceX IPO has been a spectacular market event. What was already an eye-watering valuation at issuance increased dramatically almost immediately after public trading began, further reinforcing investor appetite for high-growth speculative opportunities.
Narrative Update • Jun 15
PRU: Expanded Buyback And New Underground Mine Will Support Future Upside
Analysts have modestly trimmed their fair value estimate for Perseus Mining to A$6.47 from A$6.54, while highlighting ATB Capital's recent upgrade to Outperform with a A$6.70 price target as support for a slightly higher valuation view on the stock. What's in the News Perseus Mining expanded its on-market share buyback program from A$100 million to A$150 million after completing the initial A$100 million tranche, repurchasing more than 19 million shares since August 2025, according to recent news reports.Narrative Update • Jun 01
PRU: Cost Discipline And New Underground Mine Will Support Future Upside
Analysts have nudged their price target for Perseus Mining higher to A$6.54, supported by updated assumptions on revenue growth, profit margins and future P/E, as well as a recent A$6.70 target and rating upgrade to Outperform in Street research. What's in the News Perseus Mining completed the first underground production blast at the CMA Underground project at the Yaouré Gold Mine in Côte d’Ivoire, with excavation of the first production ore starting immediately.
Narrative Update • May 18
PRU: Underground Ramp Up And Outperformance Rating Will Support Future Upside
Analysts have modestly lifted their A$6.70 price target on Perseus Mining as they refresh assumptions around discount rates, revenue growth and future P/E multiples, and factor in the recent upgrade to Outperform from Sector Perform. Analyst Commentary Analysts pointing to the refreshed A$6.70 price target and the recent upgrade to Outperform see this as a reassessment of Perseus Mining’s risk and reward profile, rather than a short term call.Narrative Update • Apr 28
PRU: Higher Payout And Stronger Guidance Will Support Future Upside
Analysts have raised their average price target on Perseus Mining to A$6.70, supported by more positive ratings and updated views on revenue growth, profit margins and forward P/E assumptions. Analyst Commentary Recent research points to a more constructive stance on Perseus Mining, with bullish analysts aligning around a A$6.70 price target and more confident assumptions on revenue, margins and forward P/E.Narrative Update • Apr 14
PRU: Higher Fair Value And Dividend Payout Will Support Future Upside
Analysts have lifted the fair value estimate for Perseus Mining from A$7.55 to A$8.80, reflecting updates to revenue growth, discount rate and future P/E assumptions following recent mixed research views on the stock. Analyst Commentary Recent Street research on Perseus Mining has been mixed, but some bullish analysts have highlighted upside potential that they argue is not fully reflected in prior valuation work.Narrative Update • Mar 31
PRU: Execution Risks Will Likely Restrain Upside Despite Higher Margin Outlook
Analysts have lifted their fair value estimate for Perseus Mining from about A$3.41 to around A$3.68. This reflects updated views on discount rates, revenue growth, profit margins and future P/E assumptions following mixed recent research, including an upgrade to Outperform with a A$6.70 price target and a separate downgrade.Narrative Update • Mar 17
PRU: Cost Discipline And Project Execution Will Support Upside Potential
Analysts have trimmed their fair value estimate for Perseus Mining by A$0.00 to A$6.47, reflecting slightly higher discount rate assumptions and more cautious profit margin expectations after recent research turned more bearish on the shares. Analyst Commentary Bullish Takeaways Bullish analysts see the refined fair value estimate of A$6.47 as still supportive of upside potential if Perseus Mining can deliver on cost control and project execution targets.Narrative Update • Mar 03
PRU: Cautious Stance And Updated Assumptions Will Shape Risk Reward Balance
Analysts have nudged their fair value estimate for Perseus Mining from about A$6.32 to around A$6.47, reflecting updated assumptions on revenue growth, profit margins and future P/E following recent Street research that included a downgrade in stance from Cormark. Analyst Commentary Bullish Takeaways Bullish analysts see the refreshed fair value estimate of about A$6.47 as broadly aligned with updated assumptions on revenue and margins, which they view as more grounded in current Street expectations.Narrative Update • Feb 17
PRU: Mixed Rating, Buyback And Guidance Will Shape Forward Risk Reward Balance
Analysts have lifted their price target on Perseus Mining from A$5.72 to A$6.32, citing updated assumptions for revenue growth, profit margins and future P/E multiples, despite a more cautious stance in recent Street research. Analyst Commentary Analyst views on Perseus Mining are mixed, with some focusing on the higher price target and others taking a more cautious stance in recent research.Narrative Update • Feb 02
PRU: Higher Margin Outlook Will Likely Be Offset By Execution And P/E Risk
Analysts have raised their fair value estimate for Perseus Mining from A$3.00 to about A$3.41, reflecting updated assumptions around revenue growth, profit margins and the stock's future P/E, even though at least one firm has turned more cautious on the shares. Analyst Commentary Recent Street research on Perseus Mining points to a more cautious tone from some bearish analysts, even as fair value estimates have been revised to A$3.41.Narrative Update • Jan 19
PRU: Higher Margin Outlook Will Likely Be Undermined By Compressed Future P/E
Analysts have lifted their price target for Perseus Mining from A$2.60 to A$3.00, citing updated assumptions for higher revenue growth, a stronger profit margin, and a lower future P/E multiple as the main drivers of the change. What's in the News The Board of Directors has authorized a share buyback plan that allows Perseus Mining to repurchase up to 40,000,000 shares, representing 2.96% of its share capital, for A$100 million.Narrative Update • Jan 05
PRU: Share Buyback And Stable Gold Output Will Shape Balanced Outlook
Analysts have lifted their fair value estimate for Perseus Mining from A$5.40 to A$5.72, citing updated assumptions for revenue growth, profit margins and future P/E as the drivers of this revised price target. What's in the News Perseus Mining Limited announced a share repurchase program of up to 40,000,000 shares, or 2.96% of its share capital, for A$100 million.Narrative Update • Dec 19
PRU Will Benefit From Stronger Gold Prices And Share Buyback Program
Analysts have lifted their price target on Perseus Mining to approximately A$4.40 from A$3.70, reflecting higher forecast fair value driven by expectations for stronger revenue growth and profit margins, despite a slightly higher discount rate and a modestly lower future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher A$4.40 price target as evidence that Perseus Mining’s valuation better reflects improving gold price assumptions and stronger long term earnings power.Narrative Update • Dec 05
PRU: Higher Gold Prices And Mine Expansion Will Shape Balanced Outlook
Analysts have nudged their price target for Perseus Mining higher to A$4.40 from A$3.70. This reflects expectations of stronger revenue growth, slightly improved profit margins, and a supportive higher gold price environment.Narrative Update • Nov 21
PRU: Higher Gold Prices And Mine Life Extension Will Shape Outlook
Perseus Mining’s analyst price target has increased from A$3.70 to A$4.40. This change reflects analysts’ expectations for further upside amid higher gold prices and improved profit forecasts.Narrative Update • Nov 06
PRU: Higher Gold Prices And Mine Life Extension Will Shape Outlook
Analysts have increased their price target for Perseus Mining from A$3.70 to A$4.40, citing higher projected gold prices and improved growth forecasts as key drivers behind the revision. Analyst Commentary Recent updates from the Street reflect a nuanced view on Perseus Mining following the increase in price target.Analysis Article • Oct 28
Here's Why We Think Perseus Mining (ASX:PRU) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Narrative Update • Oct 23
Analyst Price Target for Perseus Mining Rises on Strong Gold Prices and Positive Outlook
Perseus Mining's analyst price target has increased from A$3.70 to A$4.40. Analysts cite higher gold prices as the primary driver for the upward revision.Narrative Update • Oct 09
Rising Gold Prices And Projects Will Expand Mining Capacity
Narrative Update: Analyst Price Target Adjustment for Perseus Mining Analysts have increased their price target for Perseus Mining to A$4.40 from A$3.70, citing an improved gold price outlook and stronger projected financial performance. Analyst Commentary Analyst updates reflect a balanced perspective on Perseus Mining's potential, with both optimistic and cautious factors influencing the latest price target revisions.Narrative Update • Sep 25
Rising Gold Prices And Projects Will Expand Mining Capacity
The consensus price target for Perseus Mining has been revised upward to A$4.26, reflecting higher anticipated revenue growth and a notable increase in the future P/E multiple. What's in the News Perseus Mining received a Presidential Decree to proceed with the CMA underground project at Yaoure Gold Mine, extending mine life to at least 2035; $170 million will be invested, with first ore expected in January 2026 and commercial production in March 2027.Analysis Article • Sep 03
Investors Still Aren't Entirely Convinced By Perseus Mining Limited's (ASX:PRU) Earnings Despite 26% Price Jump
Perseus Mining Limited ( ASX:PRU ) shares have had a really impressive month, gaining 26% after a shaky period...Analysis Article • Aug 29
Why The 24% Return On Capital At Perseus Mining (ASX:PRU) Should Have Your Attention
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...Narrative Update • Aug 27
New Tier One Projects Will Expand Future Gold Production
The consensus analyst price target for Perseus Mining has increased to A$4.08, primarily reflecting a notable expansion in the company’s Future P/E multiple, while revenue growth expectations remain stable. What's in the News Perseus Mining advanced development of its 80%-owned Nyanzaga Gold Project in Tanzania, with formal agreements signed and drilling yielding strong results to support a proposed open pit mining scenario.Analysis Article • Jul 16
Here's Why We Think Perseus Mining (ASX:PRU) Is Well Worth Watching
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Jul 02
Lacklustre Performance Is Driving Perseus Mining Limited's (ASX:PRU) Low P/E
Perseus Mining Limited's ( ASX:PRU ) price-to-earnings (or "P/E") ratio of 8.7x might make it look like a strong buy...Analysis Article • Jun 16
Calculating The Fair Value Of Perseus Mining Limited (ASX:PRU)
Key Insights The projected fair value for Perseus Mining is AU$3.81 based on 2 Stage Free Cash Flow to Equity Current...Analysis Article • May 20
Perseus Mining (ASX:PRU) Is Very Good At Capital Allocation
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Apr 10
Is Now The Time To Put Perseus Mining (ASX:PRU) On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Mar 06
Perseus Mining (ASX:PRU) Will Pay A Dividend Of $0.025
Perseus Mining Limited ( ASX:PRU ) has announced that it will pay a dividend of $0.025 per share on the 8th of April...Analysis Article • Mar 03
Calculating The Intrinsic Value Of Perseus Mining Limited (ASX:PRU)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Perseus Mining fair value estimate is AU$3.46 Perseus Mining's...
New Narrative • Feb 17
Advancements May Boost Production, But Operational Risks At Nyanzaga And Yaouré Could Impact Future Earnings
Strategic investments and project advancements aim to boost production levels, contributing significantly to future revenue growth.Analysis Article • Jan 31
Perseus Mining (ASX:PRU) Is Achieving High Returns On Its Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Analysis Article • Jan 15
Perseus Mining Limited's (ASX:PRU) Shares Lagging The Market But So Is The Business
With a price-to-earnings (or "P/E") ratio of 7x Perseus Mining Limited ( ASX:PRU ) may be sending very bullish signals...Analysis Article • Nov 15
We Take A Look At Why Perseus Mining Limited's (ASX:PRU) CEO Compensation Is Well Earned
Key Insights Perseus Mining will host its Annual General Meeting on 22nd of November Total pay for CEO Jeff...Shareholder Returns
| PRU | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -1.2% | -2.7% | -0.3% |
| 1Y | 30.5% | 34.5% | 0.5% |
Return vs Industry: PRU underperformed the Australian Metals and Mining industry which returned 34.5% over the past year.
Return vs Market: PRU exceeded the Australian Market which returned 0.5% over the past year.
Price Volatility
| PRU volatility | |
|---|---|
| PRU Average Weekly Movement | 6.6% |
| Metals and Mining Industry Average Movement | 11.3% |
| Market Average Movement | 9.4% |
| 10% most volatile stocks in AU Market | 16.4% |
| 10% least volatile stocks in AU Market | 3.8% |
Stable Share Price: PRU has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: PRU's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | n/a | Craig Jones | perseusmining.com |
Perseus Mining Limited, together with its subsidiaries, explores, evaluates, develops, and mines for gold properties in Ghana, Côte d’Ivoire, Tanzania, and Sudan. The company’s flagship assets include the 90% owned Yaouré gold mine located in central Côte d’Ivoire; and the 80% owned Nyanzaga gold project located on the north-eastern flank of the Sukumaland Archaean Greenstone Belt of the Lake Victoria Goldfield in Tanzania. Perseus Mining Limited was incorporated in 2003 and is based in Subiaco, Australia.
Perseus Mining Limited Fundamentals Summary
| PRU fundamental statistics | |
|---|---|
| Market cap | AU$6.21b |
| Earnings (TTM) | AU$508.21m |
| Revenue (TTM) | AU$1.82b |
12.6x
P/E Ratio3.5x
P/S RatioIs PRU overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PRU income statement (TTM) | |
|---|---|
| Revenue | US$1.27b |
| Cost of Revenue | US$571.68m |
| Gross Profit | US$703.08m |
| Other Expenses | US$346.96m |
| Earnings | US$356.12m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Jul 29, 2026
| Earnings per share (EPS) | 0.27 |
| Gross Margin | 55.15% |
| Net Profit Margin | 27.94% |
| Debt/Equity Ratio | 0% |
How did PRU perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield26%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/21 16:17 |
| End of Day Share Price | 2026/07/21 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 31 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.
| Analyst | Institution |
|---|---|
| Nicolas Dion | ATB Cormark |
| Richard Knights | Barrenjoey Markets Pty Limited |
| Dale Koenders | Barrenjoey Markets Pty Limited |