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Perseus Mining Limited (AU:PRU)
ASX:PRU
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2019
|% Change Since: 9.60%
|Next Earnings Date:Aug 28, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted Perseus Mining's strong overall performance with significant achievements in production, cost management, and strategic acquisitions. Despite minor setbacks in production and cost increases, the company maintained its guidance and continued to generate strong cash flows. The focus on growth and sustainability further underscores a positive outlook.Company Guidance
During the Q4 2024 earnings call for Perseus Mining, executives Jeff Quartermaine and Lee-Anne de Bruin provided a detailed overview of the company's performance and future outlook. Perseus reported gold production of 509,977 ounces for the fiscal year at an all-in site cost of USD 1,053 per ounce, maintaining its status as a low-cost producer amidst a favorable gold price environment of approximately USD 2,400 per ounce. The company achieved a notional cash flow of USD 490 million for the year and ended the period with a strong cash position of USD 587 million, despite significant investments, such as the USD 153 million acquisition of the Nyanzaga Gold Project. Perseus anticipates further growth, projecting production of 220,000 to 260,000 ounces in the next six months at an all-in site cost of USD 1,230 to USD 1,330. Sustainability efforts were highlighted, with a TRIFR of 1.06 and 96% local employment. The company plans to release its full-year financials and capital management strategies on August 28, 2024, reaffirming its commitment to both growth and shareholder returns.Strong Financial Performance
Produced 509,977 ounces of gold at an all-in site cost of USD 1,053 per ounce for the full fiscal year 2024, maintaining a strong position as one of the lowest cost gold producers. Cash and bullion at the end of the period amounted to USD 587 million with no debt.
Successful Acquisition and Growth Initiatives
Completed the acquisition of the Nyanzaga Gold Project in Tanzania, enhancing asset portfolio. Advanced the CMA underground mine development at Yaouré, with a final investment decision expected shortly.
Positive Cash Flow and Hedging Strategy
Generated USD 162 million cash flow from operations in the quarter. Maintained a hedge book of 330,000 ounces at a weighted average cost of USD 2,109 per ounce.
Strong Safety and Sustainability Performance
Group TRIFR at 1.06, below target of 1.14. Contributed USD 194 million to the economies of host countries during the quarter, with a focus on local employment and community benefits.
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AU:PRU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AU:PRU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Aug 27, 2024 | AU$2.50 | AU$2.65 | +5.92% |
| Feb 22, 2024 | AU$1.65 | AU$1.64 | -0.60% |
| Aug 30, 2023 | AU$1.80 | AU$1.82 | +0.78% |
| Feb 21, 2023 | AU$1.82 | AU$1.81 | -0.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Perseus Mining Limited (AU:PRU) report earnings?
Perseus Mining Limited (AU:PRU) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Perseus Mining Limited (AU:PRU) earnings time?
Perseus Mining Limited (AU:PRU) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Perseus Mining Limited stock?
The P/E ratio of Perseus Mining Limited is N/A.
What is AU:PRU EPS forecast?
Currently, no data Available
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