Persistence Resources Group Ltd (HK:2489)
:2489
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$0.82 - HK$2.17
Previous CloseN/A
Volume455.00K
Average Volume (3M)18.64M
Market Cap
HK$2.64B
Enterprise ValueHK$1.39B
Total Cash (Recent Filing)HK$696.12M
Total Debt (Recent Filing)HK$175.52M
Price to Earnings (P/E)33.9
Beta-0.07
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 Ratio0.71
Price to Book (P/B)1.83
Price to Sales (P/S)3.23
P/FCF Ratio9.52
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
Strong Profitability & MarginsSustained strong gross, operating and net margins indicate durable unit economics and effective cost control. This supports resilience through commodity cycles, funds reinvestment into projects, and underpins long-term earnings quality and free cash potential if conversion improves.
Conservative Leverage And Equity BaseA conservative capital structure provides financial flexibility to fund exploration or capex and absorb commodity-price shocks. A strong equity base reduces refinancing risk, supports investment optionality, and makes the company better positioned for strategic moves or downturns.
Healthy Returns On EquityConsistently healthy ROE signals effective capital allocation by management and profitable project selection. Over the medium term, strong ROE supports reinvestment returns and shareholder value creation, important in capital-intensive mining operations.
Bears Say
Deteriorating Cash ConversionOperating cash flow covering less than half of net income suggests earnings are not translating into cash, raising concern over working-capital swings or noncash gains. If sustained, this weakens internal funding for capex, dividends and increases reliance on external financing.
Declining Free Cash FlowA material decline in free cash flow reduces the company's ability to self-fund growth, sustain dividends, or pay down debt. In a cyclical resource sector, persistently lower FCF raises financing risk and constrains strategic flexibility across business cycles.
Step-up In Total DebtA recent sharp increase in total debt erodes the previously conservative balance sheet, reducing cushion against commodity downturns. Combined with weaker cash conversion, higher leverage could raise interest burden and limit capacity for capital allocation or opportunistic investment.
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$0.82 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 42 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
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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
11.44%
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
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Options Prices
Currently, No data available
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