Perseus Mining Limited ( (AU:PRU) ) has issued an announcement.
Perseus Mining Limited reported a 22% increase in profit after tax to US$201 million for the six months ending December 31, 2024. The company demonstrated strong financial performance, with revenue up 19% to US$581.8 million, an EBITDA rise of 26% to US$352.7 million, and a 17% increase in operating cash flow to US$248 million. Perseus maintained robust production levels, overcoming inflationary pressures with effective hedging strategies and benefitting from higher gold prices. The company continues to enhance its operational efficiency and financial position by increasing its interim dividend by 100% from the previous year, reflecting its commitment to delivering value to stakeholders.
More about Perseus Mining Limited
Perseus Mining Limited is a mid-tier gold producer, developer, and explorer, listed on the Australian and Toronto stock exchanges. The company focuses on gold mining operations across its various sites, including the Yaouré, Sissingué, and Edikan mines, contributing significantly to its financial performance.
YTD Price Performance: 10.21%
Average Trading Volume: 31,520
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$3.6B
See more data about PRU stock on TipRanks’ Stock Analysis page.