Persistence Resources Group Ltd (HK:2489)
:2489
Want to see HK:2489 full AI Analyst Report?
2489 Stock Chart & Stats
HK$1.09
HK$0.02(2.41%)
At close: 4:00 PM EST
HK$1.09
HK$0.02(2.41%)
Day’s Range― - ―
52-Week RangeHK$0.89 - HK$2.17
Previous CloseN/A
Volume455.00K
Average Volume (3M)18.64M
Market Cap
HK$2.64B
Enterprise ValueHK$1.03B
Total Cash (Recent Filing)HK$1.13B
Total Debt (Recent Filing)HK$244.90M
Price to Earnings (P/E)18.6
Beta-0.06
Next Earnings
May 22, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.78%
Share Statistics
EPS (TTM)0.01
Shares Outstanding2,400,000,000
10 Day Avg. Volume20,649,300
30 Day Avg. Volume18,644,204
Financial Highlights & Ratios
PEG Ratio-12.19
Price to Book (P/B)1.47
Price to Sales (P/S)3.27
P/FCF Ratio25.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Revenue GrowthSustained top-line expansion—including a multi-year step-up and 2025 growth—indicates broad demand and improving market penetration. Durable revenue momentum supports scale benefits, underwriting longer-term investment, pricing leverage, and reinvestment capacity over the next several quarters.
High Operating MarginsVery strong operating margins imply a structurally efficient business model and pricing power in core operations. High conversion at the operating level provides a durable buffer against commodity and cost volatility, supporting earnings resilience and internal funding for capital needs.
Conservative Balance SheetLow leverage and a large equity base provide financial flexibility for capital allocation, M&A, or cyclical downturns. A conservative balance sheet reduces refinancing risk and preserves capacity to invest or return capital, supporting stability across 2-6 month horizons and beyond.
Bears Say
Free Cash Flow DeclineA large drop in free cash flow halves discretionary cash available for debt paydown, dividends, or reinvestment. Even with positive operating cash flow, lower FCF signals weaker cash conversion or higher capex/working capital needs, constraining strategic flexibility over coming quarters.
Rising Debt In 2025Material increase in nominal debt raises interest and refinancing exposure; combined with weaker FCF this reduces headroom for opportunistic spending. If cash generation remains pressured, higher gross debt could limit agility and raise funding costs over the medium term.
Net Margin & ROE PressureCompression of net margin and declining ROE point to weaker returns on capital and possible cost or non-operating pressure. Persisting margin and ROE declines can impair long-term profitability, limit capacity to fund growth internally, and reduce shareholder returns if not reversed.
Persistence Resources Group Ltd News
2489 FAQ
What was Persistence Resources Group Ltd’s price range in the past 12 months?
Persistence Resources Group Ltd lowest stock price was HK$0.89 and its highest was HK$2.17 in the past 12 months.
What is Persistence Resources Group Ltd’s market cap?
Persistence Resources Group Ltd’s market cap is HK$2.64B.
When is Persistence Resources Group Ltd’s upcoming earnings report date?
Persistence Resources Group Ltd’s upcoming earnings report date is May 22, 2026 which is in 19 days.
How were Persistence Resources Group Ltd’s earnings last quarter?
Persistence Resources Group Ltd released its earnings results on Mar 31, 2026. The company reported HK$0.01 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.01.
Is Persistence Resources Group Ltd overvalued?
According to Wall Street analysts Persistence Resources Group Ltd’s price is currently Overvalued.
Does Persistence Resources Group Ltd pay dividends?
Persistence Resources Group Ltd pays a Notavailable dividend of HK$0.03 which represents an annual dividend yield of 2.78%. See more information on Persistence Resources Group Ltd dividends here
What is Persistence Resources Group Ltd’s EPS estimate?
Persistence Resources Group Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Persistence Resources Group Ltd have?
Persistence Resources Group Ltd has 2,400,000,000 shares outstanding.
What happened to Persistence Resources Group Ltd’s price movement after its last earnings report?
Persistence Resources Group Ltd reported an EPS of HK$0.01 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.98%.
Which hedge fund is a major shareholder of Persistence Resources Group Ltd?
Currently, no hedge funds are holding shares in HK:2489
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Persistence Resources Group Ltd Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
126.43%
12-Months-Change
Fundamentals
Return on Equity
10.43%
Trailing 12-Months
Asset Growth
91.23%
Trailing 12-Months
Company Description
Persistence Resources Group Ltd
Persistence Resources Group Ltd engages in the exploration, mining, and processing of gold properties in China. It operates two operating gold mines, including the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine located in Songjiagou, the MupingRushan gold metallogenic belt. The company was formerly known as Sinogold Resources Holdings Group Co., Ltd. and changed its name to Persistence Resources Group Ltd in May 2022. The company was founded in 2005 and is headquartered in Yantai, China. Persistence Resources Group Ltd is a subsidiary of Majestic Gold Corp.
Technical Analysis
Dragon Mining
―
Tongguan Gold Group Ltd.
―
Lingbao Gold Group Company Ltd. Class H
―
Taung Gold International Limited
―
Grand T G Gold Holdings Ltd
―
Options Prices
Currently, No data available
---