Perseus Mining (ASX: PRU) expects gold production of 242,500 - 272,500 ounces in 1HFY24.

Tue 16 Jan 24, 05:55 AM | Team Kalkine

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Highlights

Perseus Mining Limited (ASX: PRU) is a gold mining firm which is committed to acquire, discover and develop a portfolio of gold producing assets in Africa. The company is a multi-mine, multi-jurisdiction gold-focused firm which operates three mines in West Africa. Perseus is also engaged in mineral evaluation and exploration activities in the region.

The AUD 2.41-billionmarket cap-firm outperformed FY23 (financial year 2023) gold production and AISC guidance, with annual gold production of 535,281 ounces, up 12% YoY. During the reported period, the company reported 27% YoY increase in revenue to AUD 1,426.4 million and 46% YoY surge in EBITDA to AUD 821.3 million.

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