Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Perseus Mining ( (AU:PRU) ) just unveiled an announcement.
Perseus Mining reported solid operational performance for the December 2025 quarter, producing 88,888 ounces of gold at an all-in site cost of US$1,800 per ounce and achieving an average realised gold price of US$3,437 per ounce, which delivered a robust cash margin of US$1,637 per ounce and notional operating cashflow of US$145 million. The company closed the period with cash and bullion of US$755 million and liquid listed securities of US$229 million, advanced underground development at the CMA deposit with first ore delivered in January 2026, maintained its FY26 production guidance of 400,000–440,000 ounces while lifting AISC guidance due to higher gold prices and royalty negotiations in Côte d’Ivoire, progressed the Nyanzaga project toward first production in January 2027, and strengthened its balance sheet by upsizing and refinancing its debt facility to US$400 million after an unsuccessful bid to acquire Predictive Discovery Limited.
The most recent analyst rating on (AU:PRU) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on Perseus Mining stock, see the AU:PRU Stock Forecast page.
More about Perseus Mining
Perseus Mining is a West African-focused gold producer operating three mines: Yaouré and Sissingué in Côte d’Ivoire and Edikan in Ghana. The company generates revenue from gold production and sales, and is actively investing in underground expansion at Yaouré and in the Nyanzaga development project to sustain and grow its production profile.
Average Trading Volume: 4,748,906
Technical Sentiment Signal: Buy
Current Market Cap: A$8.58B
For an in-depth examination of PRU stock, go to TipRanks’ Overview page.