Perseus Mining Doubles Interim Dividend as Strong Gold Prices Drive H1 FY26 Profit

An update from Perseus Mining ( (AU:PRU) ) is now available.

Perseus Mining reported a profit after tax of US$185.5 million for the six months to 31 December 2025, supported by a 5% rise in revenue to US$608.5 million as higher realised gold prices offset lower production and sales volumes. The company declared an interim dividend of A$0.05 per share, doubling the prior year’s payout, and confirmed FY26 guidance of 400,000 to 440,000 ounces of gold at an all-in site cost of US$1,600 to US$1,760 per ounce.

Despite an 8% year-on-year decline in net profit and lower operating cash flow due to higher royalties and cost pressures as key mines transition to new, lower-grade pits, Perseus strengthened its net asset base to US$2.47 billion and maintained net cash and bullion of US$755 million. Increased investment outflows reflect accelerated development at Nyanzaga and the CMA Underground, underlining a strategy of leveraging the strong gold price environment to fund future growth while enhancing returns to shareholders.

The most recent analyst rating on (AU:PRU) stock is a Buy with a A$6.50 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 Limited is a mid-tier gold producer, developer and explorer listed on the ASX and TSX, operating a portfolio of three gold mines in West Africa. The company focuses on low-cost, high-margin gold production and is advancing key growth projects, including the Nyanzaga project in Tanzania and the CMA Underground project in Côte d’Ivoire, while maintaining a strong balance sheet and significant net cash and bullion holdings.

Average Trading Volume: 5,015,854

Technical Sentiment Signal: Buy

Current Market Cap: A$7.59B

Learn more about PRU stock on TipRanks’ Stock Analysis page.