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Perseus Mining Ltd (PRU.AX)

Perseus Mining Ltd (PRU.AX)
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Perseus is an Australia-based gold miner. It sold around 510,000 ounces of gold in fiscal 2024 from its three majority-owned mines in West Africa. Founded in 2004, Perseus bought all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 70%-owned Meyas Sand gold project in Sudan in 2022 and its 80%-owned Nyanzaga gold developmemt in Tanzania in fiscal 2024. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, it had about a decade of reserves at end fiscal 2025. We forecast it sells about 510,000 ounces of gold in fiscal 2030.

Fiscal Year End Date: 06/30

(Values in U.S. Thousands) Jun, 2025 Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021
Sales 1,248,082 1,025,799 944,193 774,274 510,707
Sales Growth +21.67% +8.64% +21.95% +51.61% +25.71%
Net Income 370,867 324,281 282,912 160,692 87,321
Net Income Growth +14.37% +14.62% +76.06% +84.02% +34.68%
(Values in U.S. Thousands) Jun, 2025 Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021
Total Assets 2,480,511 1,985,786 1,603,224 1,368,037 1,059,084
Total Assets Growth +24.91% +23.86% +17.19% +29.17% +18.96%
Total Liabilities 270,944 205,810 178,868 238,382 263,343
Total Liabilities Growth +31.65% +15.06% -24.97% -9.48% -8.78%
(Values in U.S. Thousands) Jun, 2025 Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021
Operating Cash Flow 0 0 0 0 0
Operating Cash Flow Growth unch unch unch unch unch
Net Cash Flow 183,357 56,060 213,390 167,723 -21,444
Change in Net Cash Flow +227.07% -73.73% +27.23% +882.15% -128.73%
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