How to buy Perseus Mining (PRU) shares in Australia
Learn how to easily invest in Perseus Mining shares.
Perseus Mining is a gold business based in Australia. Perseus Mining shares (PRU) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Perseus Mining has a trailing 12-month revenue of around $1.4 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Perseus Mining
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Perseus Mining . Find the share by name or ticker symbol: PRU. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Perseus Mining reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Perseus Mining . Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
What's in this guide?
- Perseus Mining key stats
- Compare share trading platforms
- Is Perseus Mining stock a buy or sell?
- Perseus Mining performance over time
- Are Perseus Mining shares over-valued?
- Perseus Mining 's financials
- How volatile are Perseus Mining shares?
- Does Perseus Mining pay a dividend?
- Have Perseus Mining shares ever split?
- Other common questions
Perseus Mining stock price (ASX:PRU)Use our graph to track the performance of PRU stocks over time.
Perseus Mining shares at a glance
|52-week range||$1.5 - $2.4741|
|50-day moving average||$1.6909|
|200-day moving average||$1.8828|
|Dividend yield||$0.035 (2.05%)|
|Earnings per share (TTM)||$0.31|
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Is it a good time to buy Perseus Mining stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Perseus Mining price performance over time
|1 week (2023-11-24)||11.88%|
|1 month (2023-11-01)||12.21%|
|3 months (2023-09-01)||1.85%|
|6 months (2023-06-01)||1.05%|
|1 year (2022-12-01)||-14.60%|
|2 years (2021-12-01)||22.54%|
|3 years (2020-12-01)||66.38%|
|5 years (2018-11-30)||451.43%|
Is Perseus Mining under- or over-valued?
Valuing Perseus Mining stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Perseus Mining 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Perseus Mining 's P/E ratio
Perseus Mining 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Perseus Mining shares trade at around 6x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Perseus Mining 's EBITDA
Perseus Mining 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $788.6 million (£0.0 million).
The EBITDA is a measure of a Perseus Mining 's overall financial performance and is widely used to measure a its profitability.
Perseus Mining financials
|Revenue TTM||$1.4 billion|
|Operating margin TTM||44.04%|
|Gross profit TTM||$821.3 million|
|Return on assets TTM||16.08%|
|Return on equity TTM||25.13%|
|Market capitalisation||$2.4 billion|
TTM: trailing 12 months
Perseus Mining share dividends
Dividend payout ratio: 27.23% of net profits
Recently Perseus Mining has paid out, on average, around 27.23% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.05% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Perseus Mining shareholders could enjoy a 2.05% return on their shares, in the form of dividend payments. In Perseus Mining 's case, that would currently equate to about A$0.035 per share.
While Perseus Mining 's payout ratio might seem fairly standard, it's worth remembering that Perseus Mining may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 12 September 2023 (the "ex-dividend date").
Have Perseus Mining 's shares ever split?
Perseus Mining 's shares were split on a 1.0032:1 basis on 22 May 2009. So if you had owned 1 share the day before the split, the next day you would own 1.0032 shares. This wouldn't directly have changed the overall worth of your Perseus Mining shares – just the quantity. However, indirectly, the new 0.3% lower share price could have impacted the market appetite for Perseus Mining shares which in turn could have impacted Perseus Mining 's share price.
Perseus Mining share price volatility
Over the last 12 months, Perseus Mining 's shares have ranged in value from as little as $1.5 up to $2.4741. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Perseus Mining 's is 0.902. This would suggest that Perseus Mining 's shares are less volatile than average (for this exchange).
Perseus Mining overview
Perseus Mining Limited, together with its subsidiaries, explores, evaluates, develops, and mines for gold properties in West Africa. The company holds interests in the Edikan gold mine project located in Ghana; and the Sissingué and Yaouré gold mine projects located in Republic of Côte d'Ivoire. It also holds 70% interest in the Meyas Sand gold project in Sudan. Perseus Mining Limited was incorporated in 2003 and is based in Subiaco, Australia.
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