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Highlights
- In 1HFY25, PRU’s revenue grew by 18.98% YoY to USD 581.79 million and profit after tax jumped 22.53% YoY to USD 178.29 million.
- Recently, PRU has declared a dividend of AUD 0.025 per share, payable on 8 April 2025.
- PRU targets to achieve gold production of 469,000 to 504,000 ounces in FY25.
Perseus Mining Limited (ASX:PRU) is an ASX-listed gold-focused company that specialises in identifying, acquiring, and developing a portfolio of gold-producing assets, located in Africa. The company currently operates three mines in West Africa and focuses on resource expansion through mine life extensions.
Perseus is advancing the CMA underground project in Côte d'Ivoire and making steady progress on the Nyanzaga Gold Project in Tanzania.
Recent Financial Performance
In the half-year ended 31 December 2024 (1HFY25), PRU’s revenue surged to USD 581.79 million, an 18.98% increase compared to the previous year, while profit after tax climbed 22.53% YoY to USD 178.29 million. Operating cash flow reached USD 247.56 million in 1HFY25, reflecting a 17.21% YoY growth. Despite a slight 2% dip in sales volume, the company capitalised on favourable market conditions, selling gold at an average price of USD 2,350 per ounce, 20% higher than in 2023.
Dividend Declaration
On 24 February 2025, Perseus Mining announced a dividend of AUD 0.025 per share for the six-month period ended 31 December 2024. The dividend’s record date is 11 March 2025, with payment scheduled for 8 April 2025.
Future Outlook
The company is on track to meet its FY25 gold production guidance of 469,000 to 504,000 ounces, with an all-in sustaining cost (AISC) target between USD 1,250 and USD 1,280 per ounce. Perseus remains focused on extending mine life at its existing gold mines and actively exploring new growth opportunities through near-mine resources, bolt-on acquisitions, and potential transformational transactions.
Share performance of PRU
PRU shares closed over 5% at AUD 3.02 per share on 25 February 2025. Over the year, the stock price of PRU has increased by nearly 77.13% and has recorded a rise of almost 17.05% in the last three months.
52-week high of PRU is AUD 3.03, recorded on 25 February 2025 and 52-week low is AUD 1.66, recorded on 27 February 2024.
Support and Resistance Summary
Note 1: Past performance is neither an Indicator nor a guarantee of future performance.
Note 2: The reference date for all price data, and currency, is 25 February 2025. The reference data in this report has been partly sourced from EODHD/Others.
Technical Indicators Defined:
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nePRUy support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nePRUy resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.






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