Persistence Resources Group Ltd (HK:2489)
:2489
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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$0.71 - HK$2.16
Previous CloseN/A
Volume455.00K
Average Volume (3M)18.64M
Market Cap
HK$1.82B
Enterprise ValueHK$651.61M
Total Cash (Recent Filing)HK$1.14B
Total Debt (Recent Filing)HK$246.37M
Price to Earnings (P/E)13.3
Beta0.02
Next Earnings
Aug 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.78%
Share Statistics
EPS (TTM)0.06
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
High Profitability And MarginsSustained high gross and EBIT margins indicate durable earnings power and operational efficiency. Strong margin structure supports reinvestment, debt servicing and potential distributions, providing a lasting buffer against revenue swings over the next several months.
Manageable Leverage And Equity BaseA low leverage ratio and sizable equity relative to assets give the company financial flexibility to fund capex or absorb shocks without immediate refinancing pressure. This balance-sheet strength supports strategic moves and stability in a 2–6 month horizon.
Recent Revenue ReboundA clear rebound in revenue across the most recent years suggests recovering end-market demand or successful commercial execution. This momentum supports scale benefits and helps sustain margins and cash generation over the medium term.
Bears Say
Weakened Cash ConversionOperating and free cash flow have fallen well below reported earnings, indicating lower cash conversion and rising working-capital or capex needs. Persistently weaker cash conversion reduces self-funding capacity, pressures liquidity and may force external financing within months.
Step-up In Debt Versus 2024An increase in debt after a period of near-zero leverage reduces financial flexibility and raises interest and covenant risk. Even with moderate absolute leverage, the change in capital structure tightens options for buybacks, dividends or opportunistic investments in the near term.
Choppy Multi-year Growth And Margin NormalizationInconsistent revenue history and recent margin compression imply the business is exposed to cyclical or operational variability. This unevenness raises uncertainty around sustaining recent profitability levels and planning reliable cash flows over the next several quarters.
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$0.71 and its highest was HK$2.16 in the past 12 months.
What is Persistence Resources Group Ltd’s market cap?
Persistence Resources Group Ltd’s market cap is HK$1.82B.
When is Persistence Resources Group Ltd’s upcoming earnings report date?
Persistence Resources Group Ltd’s upcoming earnings report date is Aug 28, 2026 which is in 73 days.
How were Persistence Resources Group Ltd’s earnings last quarter?
Currently, no data Available
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?
Currently, no data Available
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
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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
35.55%
Trailing 12-Months
Company Description
Persistence Resources Group Ltd
Persistence Resources Group Ltd focuses on the discovery, extraction, and processing of gold deposits throughout China. The company manages two active gold mining operations: the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine, both of which are situated in Songjiagou, within the productive MupingRushan gold metallogenic belt. Founded in 2005, the organization was previously recognized as Sinogold Resources Holdings Group Co., Ltd. before officially adopting its current name, Persistence Resources Group Ltd, in May 2022. Its corporate headquarters are located in Yantai, China. Persistence Resources Group Ltd operates as a subsidiary entity under Majestic Gold Corp.
Technical Analysis
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Tongguan Gold Group Ltd.
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Lingbao Gold Group Company Ltd. Class H
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Taung Gold International Limited
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Grand T G Gold Holdings Ltd
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Options Prices
Currently, No data available
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