Persistence Resources Group Ltd (2489) AI Stock Analysis

• Market Cap: HK$2.64B
• Dividend Yield: 2.78%
• Average Volume (3M): 18.64M
• Price to Earnings (P/E): 33.9
• Beta (1Y): -0.07
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 506
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.01
• Shares Outstanding: 2,400,000,000
• 10 Day Avg. Volume: 20,649,300
• 30 Day Avg. Volume: 18,644,204
• PEG Ratio: 0.71
• Price to Book (P/B): 1.83
• Price to Sales (P/S): 3.23
• P/FCF Ratio: 9.52
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: HK$1.50 ▲(37.61% Upside)
• Action: Reiterated Date: 01/14/26
• Date: Action: Reiterated 01/14/26

The score is driven primarily by strong profitability and a solid balance sheet, tempered by weak cash conversion and declining free cash flow in the TTM period. Technicals further weigh on the score given the downtrend (price below key moving averages and negative MACD), while valuation is neutral-to-supportive with a moderate P/E and a ~2.6% dividend yield.

Positive Factors

Strong profitability & margins

Sustained 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.

Negative Factors

Deteriorating cash conversion

Operating 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.

Persistence Resources Group Ltd Business Overview & Revenue Model

Company Description

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,...

Read more

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,...

How the Company Makes Money

Persistence Resources Group Ltd generates revenue through multiple streams, primarily from the sale of extracted minerals and energy resources. The company engages in exploration and mining activities, which include identifying viable sites for re...

Read more

Persistence Resources Group Ltd generates revenue through multiple streams, primarily from the sale of extracted minerals and energy resources. The company engages in exploration and mining activities, which include identifying viable sites for re...

Persistence Resources Group Ltd Financial Statement Overview

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	584.90M	499.50M	383.46M	418.41M	247.87M	361.00M
Gross Profit	294.01M	253.76M	183.25M	251.84M	166.40M	217.26M
EBITDA	280.24M	247.96M	196.92M	222.79M	135.63M	213.39M
Net Income	107.31M	104.76M	65.03M	83.21M	41.62M	82.40M
Balance Sheet
Total Assets	1.85B	1.25B	1.22B	994.80M	948.75M	959.36M
Cash, Cash Equivalents and Short-Term Investments	696.12M	639.60M	593.50M	282.19M	182.40M	202.91M
Total Debt	175.52M	746.00K	30.00M	30.00M	30.00M	30.00M
Total Liabilities	641.68M	201.50M	241.97M	235.71M	300.98M	312.00M
Stockholders Equity	991.55M	883.46M	911.40M	553.87M	597.73M	571.70M
Cash Flow
Free Cash Flow	87.88M	169.64M	97.21M	167.73M	58.59M	152.66M
Operating Cash Flow	159.68M	212.19M	174.33M	232.93M	135.77M	210.77M
Investing Cash Flow	-101.16M	-56.98M	-75.51M	-56.06M	-87.80M	-60.91M
Financing Cash Flow	194.98K	-107.18M	206.31M	-54.79M	-45.13M	-58.05M

Persistence Resources Group Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2489, the sentiment is Neutral. The current price of 1.09 is above the 20-day moving average (MA) of 1.03, below the 50-day MA of 1.14, and below the 200-day MA of 1.38, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 48.03 is Neutral, neither overbought nor oversold. The STOCH value of 85.24 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2489.

Persistence Resources Group Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1712	80 Outperform	HK$1.91B	3.46	42.54%	―	63.46%	225.78%
0340	74 Outperform	HK$18.07B	14.89	23.61%	0.44%	6.76%	239.14%
3330	66 Neutral	HK$40.33B	13.75	33.81%	1.40%	70.92%	249.45%
2489	62 Neutral	HK$2.64B	33.89	11.44%	2.78%	―	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
8299	54 Neutral	HK$4.74B	21.71	18.35%	―	59.18%	28.00%
0621	40 Underperform	HK$853.12M	-31.17	-1.02%	―	―	-25.51%

Persistence Resources Group Ltd Corporate Events