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← CockpitCompetitor Analysis › PRU.AX Perseus Mining LimitedOpen in the cockpit ↗

Perseus Mining LimitedPRU.AXCompetitor analysis, valuation and peers

Australia · AUD·Materials›Precious Metals

Australian gold miner operating mines in Ghana and Cote d'Ivoire, West Africa.

≈ An Africa-focused Australian gold producerMomentum strong 75
Mkt cap
$5.77B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$17.5M
20-day average traded
Fwd P/E
11.8×
forward earnings
ROIC−WACC
+19.4 pp
WACC 10.4%
Hurdle
-27 pp
Req g minus delivered
Next earnings
109 days
23 Feb 2027
Close · AUDA$6.28
1D-0.5%
1W+7.9%
1M+0.8%
3M+11.3%
6M+11.2%
YTD+10.6%
1Y+25.1%
ATR %4.0%
52w lowhigh9.8% off high

What Perseus Mining does

Australian gold miner operating mines in Ghana and Cote d'Ivoire, West Africa.

In one line: An Africa-focused Australian gold producer.

Products and services

  • Edikan mine (Ghana)
  • Yaoure mine (Cote d'Ivoire)
  • Sissingue mine (Cote d'Ivoire)

Customers

  • Gold refiners/bullion buyers

Where it sits in the supply chain

  • Mining
  • Gold mining
  • West Africa gold production

What could go right

  • Gold price cycles
  • New project development pipeline

What could go wrong

  • West Africa political/regulatory risk
  • Gold price volatility

Moat: narrow (installed base, scale). Established, permitted mines in West Africa with years of operating track record.

Headquarters: Perth, Australia

Named competitors

Perseus Mining at a glance

Size Perseus Mining (PRU.AX) is an Australia Materials company (Precious Metals) with a market value of $5.77B, the 61st largest of 316 Australia companies the cockpit tracks. Shares closed at A$6.28 on 6 Nov 2026.

Performance Over six months the shares gained 11.2%, against -0.7% for the median peer and +4.1% for the Australia market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 12.7% over the last twelve months (peer median +59.2%); the operating margin is 48.1% (peer median 45.0%).

Valuation It trades at 11.8× forward earnings against a peer median of 12.9× (10th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +26%, so the hurdle is -27 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 19.4 points above its cost of capital (10.4% WACC).

Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026PRU.AX 111Peer median 98
Six months, rebased to 100: Perseus Mining against the median of its 20 peers (local-currency closes).

Perseus Mining financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$2.17BA$2.19BA$1.93BA$1.57BA$1.43B
Revenue growth—+14%+23%+10%—
Gross profitA$1.09BA$1.10BA$906MA$736MA$602M
EBITDAA$1.22BA$1.23BA$1.11BA$926MA$795M
Net incomeA$626MA$632MA$573MA$495MA$428M
Free cash flowA$317MA$329MA$585MA$522MA$476M
Capital expenditureA$668MA$692MA$320MA$185MA$199M
Total debtn/aA$3.05MA$4.20MA$4.82MA$3.91M

Quarterly statements and history in the cockpit →

Perseus Mining competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-10%0%GMDSSRMOGCSBSWGGPTFPM603979TXRARTGORKNTMAURMS002155BTOBVNAGCMMCG1818PRU.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Perseus Mining is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%10×20×30×GMDSSRMOGCSBSWGGPTFPM603979TXRARTGORKNTRMS002155BTOAGCMMCG1818PRU.AXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Perseus Mining is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%+150%0%100%GMDOGC603979KNTRMSAGPRU.AXGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Perseus Mining is the large dot.

Perseus Mining competitors and peer comparison

Head to head with its named competitors (PRU.AX vs EDV.TO vs NEM vs RSG.AX)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Perseus Mining PRU.AX$5.77B+11%+13%48%11.8×-1.1%
Endeavour Mining EDV.TO$13.7B-10%+27%47%9.3×-6.5%
Newmont NEM$126B+4%+23%55%12.7×-8.9%
Resolute Mining RSG.AX$1.81B-12%+5%35%10.0×-7.2%
Gold Fields Limited Sponsored ADR GFI$31.5B-13%+71%53%9.2×-14.1%
IAMGOLD IMG.TO$10.8B+6%+83%48%9.1×1.4%
B2Gold BTO.TO$7.19B+13%+72%46%6.1×-7.0%
West African Resources WAF.AX$2.74B+4%+194%57%4.4×-18.5%

How Perseus Mining compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Perseus Mining against its 20 peers (data as of 6 Nov 2026)
MeasurePRU.AXPeer medianRank in peer set
1-month return+0.8%-0.5%9th highest of 21
6-month return+11.2%-0.7%6th highest of 21
Distance from 52-week high-9.8%-25.8%2nd highest of 21
Revenue growth (TTM)+12.7%+59.2%3rd lowest of 20
Operating margin48.1%45.0%7th highest of 20
Forward P/E11.8×12.9×10th cheapest of 21
Growth the price implies (Req g, 7 yrs)-1.1%0.7%8th least demanding of 16
Growth delivered (Del g)+26.4%+27.4%7th lowest of 14
Hurdle (Req g minus delivered)-27.4 pp-20.4 pp6th least demanding of 14
ROIC minus cost of capital+19.4 pp+15.1 pp10th highest of 21
EV / EBITDA5.9×7.4×7th cheapest of 18
Net debt / EBITDA-1.1×-0.2×2nd least indebted of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Perseus Mining PRU.AXAustralia$5.77B+11%+13%48%11.8×-1.1%+26.4%
Genesis Minerals GMD.AXAustralia$5.73B+6%+89%45%15.1×7.2%+182.9%
SSR Mining SSRMUnited States$5.66B-17%+39%42%8.1×n/an/a
OceanaGold OGC.TOCanada$6.27B-5%+56%44%7.1×-5.4%+29.2%
Sibanye Stillwater Limited Sponsored ADR SBSWUnited States$6.30B-29%+59%26%5.9×n/an/a
Greatland Resources GGP.AXAustralia$5.11B-31%+118%52%13.4×-3.1%n/a
Triple Flag Precious Metals TFPM.TOCanada$6.54B+1%+45%63%24.7×n/an/a
JCHX MINING MANAGEMENT 603979.SSChina$5.09B-12%+23%28%9.9×-7.7%+29.3%
Torex Resources TXR.TOCanada$5.02B+16%+76%46%7.1×-3.9%+11.5%
Artemis Gold ARTG.VCanada$6.76B+18%+148%71%11.3×6.6%n/a
OR Royalties OR.TOCanada$6.81B0%+68%77%29.5×n/an/a
K92 Mining KNT.TOCanada$4.86B+10%+62%68%11.0×0.7%+31.3%
Montage Gold MAU.TOCanada$4.79B+17%n/an/a18.4×n/an/a
Ramelius Resources RMS.AXAustralia$4.78B+3%-14%42%19.0×13.7%+10.3%
Hunan Gold 002155.SZChina$4.72B-33%+1%4%15.3×11.1%+27.4%
B2Gold BTO.TOCanada$7.19B+13%+72%46%6.1×-7.0%+12.3%
Compania de Minas Buenaventura SAA Sponsored ADR BVNUnited States$7.25B-21%+64%45%6.5×-14.1%+20.7%
First Majestic Silver AG.TOCanada$7.52B-27%+96%44%18.1×9.2%+29.2%
Capricorn Metals CMM.AXAustralia$4.42B-1%+45%58%17.6×12.7%+33.9%
Centerra Gold CG.TOCanada$4.25B+27%+44%27%12.4×6.5%+13.9%
Zhaojin Mining Industry 1818.HKHong Kong$7.87B-42%+49%34%17.0×-2.5%+17.9%

Questions

Who are Perseus Mining's main competitors?
Named competitors: Endeavour Mining (EDV.TO), Newmont Corporation (NEM), Resolute Mining (RSG.AX), Gold Fields (GFI), IAMGOLD (IMG.TO), B2Gold (BTO.TO). The cockpit's measured peer set (industry) also includes Genesis Minerals (GMD.AX), SSR Mining (SSRM), OceanaGold (OGC.TO), Sibanye Stillwater Limited Sponsored ADR (SBSW), Greatland Resources (GGP.AX), Triple Flag Precious Metals (TFPM.TO).
Is Perseus Mining expensive compared with its peers?
On forward p/e it trades at 11.8× against a peer median of 12.9×, 10th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +26%, so the hurdle is -27 pp: the price already allows for a slowdown.
How has Perseus Mining stock performed?
Over six months to 6 Nov 2026 the shares returned +11.2% against -0.7% for the median peer; over one year +25.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.