Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

Category: Mid-tier Producer
Rating & Risk: Login to view
Perseus Mining Ltd
www: www.perseusmining.com     email: info@perseusmining.com

Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
OTCMKTS:PMNXF USD
TSE:PRU CAD

Description

Perseus Mining Ltd are a gold focused mid-tier producer with three producing mines in Cote d'Ivoire and Ghana, two mines in development in Cote d'Ivoire and one exploration property. Currently they produce roughly 250koz. of gold per year. They have approximately 9Moz. of gold in the reserves and resources category of which 7.5Moz. are in the measured and indicated category. They have a market capitalisation of ~C$473.05M which is a rise of roughly 42% over the last five months. As of 02/02/2019 they have ~C$48M debt and ~C$64.4M cash. They have 1,037M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 02/02/2019
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $332.06M $473.05M 02/02/2019 $140.99M
Total Assets: $686.43M $682.66M 02/02/2019 $-3.76M
Total Liabilities: $152.37M $151.53M 02/02/2019 $-0.84M
Current Assets: $89.90M $89.41M 02/02/2019 $-0.49M
Current Liabilities: $73.14M $72.74M 02/02/2019 $-0.40M
Total Debt: $48.00M $47.73M 02/02/2019 $-0.26M
Cash: $64.76M $64.40M 02/02/2019 $-0.36M
Enterprise Value: $315.30M $456.38M 06/17/1984 $141.08M
Cash Flow: $20.49M $39.03M never $18.53M
Cash Flow Multiple: 16.20 12.12 never -4.08
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: 02/02/2019 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 02/02/2019 0.00%
Misc 02/02/2019
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 1,037,000,000 1,037,000,000 02/02/2019 0
Shares (FD): 1,178,000,000 1,178,000,000 02/02/2019 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 02/02/2019 n/a
Production (Gold Eq Oz.): (guess) 
250,000
(guess) 
250,000
02/02/2019 0
Production (Silver Eq Oz.): (guess) 
20,748,267
(guess) 
23,221,279
02/02/2019 2,473,012
Initial CapEx (Outstanding): n/a n/a 02/02/2019 n/a
Funding Option: n/a n/a 02/02/2019 n/a
Documentation: none PRODUCER 02/02/2019 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 02/02/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 4.00M 4.00M 02/02/2019 0.00M
Measured & Indicated: 7.50M 7.50M 02/02/2019 0.00M
Inferred: 1.50M 1.50M 02/02/2019 0.00M
Reserves & Resources: 9.00M 9.00M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 3.40M 3.40M 02/02/2019 0.00M
Measured & Indicated: 5.78M 5.78M 02/02/2019 0.00M
Inferred: 0.64M 0.64M 02/02/2019 0.00M
Reserves & Resources: 6.42M 6.42M never 0.00M
C
U
R
R
E
N
T
Annual Production: (guess) 
250,000oz.
(guess) 
250,000oz.
02/02/2019 0oz.
Cash Cost: $850 $850 02/02/2019 $0.00
Extra Operating Cost: $350 $350 02/02/2019 $0.00
Average Grade: 1.50 g/t 1.50 g/t 02/02/2019 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 02/02/2019 0.00%
F
U
T
U
R
E
Proven & Probable: 7.50M 7.50M 02/02/2019 0.00M
Annual Production: 400,000oz. 400,000oz. 02/02/2019 0oz.
Cash Cost: $850 $850 02/02/2019 $0
Extra Operating Cost: $350 $350 02/02/2019 $0
SILVER 02/02/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 02/02/2019 0.00M
Measured & Indicated: n/a n/a 02/02/2019 0.00M
Inferred: n/a n/a 02/02/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 02/02/2019 0.00M
Measured & Indicated: n/a n/a 02/02/2019 0.00M
Inferred: n/a n/a 02/02/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 02/02/2019 $0.00
Extra Operating Cost: n/a n/a 02/02/2019 $0.00
Average Grade: n/a n/a 02/02/2019 n/a
Recovery Rate: n/a n/a 02/02/2019 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 02/02/2019 0.00M
Annual Production: n/a n/a 02/02/2019 n/a
Cash Cost: n/a n/a 02/02/2019 n/a
Extra Operating Cost: n/a n/a 02/02/2019 n/a

Property

Last Analysis Data  (02/02/2019)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Production Yamoussoukro, Cote D'ivoire, Cote d'Ivoire Angovia 90% n/a n/a n/a
Production West Africa, Cote d'Ivoire Sissinggue 100% (guess) n/a Open Pit show
800,000 oz open pit.

Producing.
Production West Africa, Ghana Edikan 90% n/a n/a show
Main producing mine. 200,000 oz per year.
Development Cote D'ivoire, Cote d'Ivoire Tengrela 80% 88,000 n/a show
Large exploration property.
Development West Africa, Cote d'Ivoire Yaoure 100% n/a Open Pit show
3.5 million oz (1.5 gp) deposit.
$260 million capex.
$750 per oz cash costs.
Exploration Ghana Grumesa 90% n/a n/a n/a
Total Land Package Size (ha): 88,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Production Yamoussoukro, Cote D'ivoire, Cote d'Ivoire Angovia 90% n/a n/a n/a
Production West Africa, Cote d'Ivoire Sissinggue 100% (guess) n/a Open Pit show
800,000 oz open pit.

Producing.
Production West Africa, Ghana Edikan 90% n/a n/a show
Main producing mine. 200,000 oz per year.
Development Cote D'ivoire, Cote d'Ivoire Tengrela 80% 88,000 n/a show
Large exploration property.
Development West Africa, Cote d'Ivoire Yaoure 100% n/a Open Pit show
3.5 million oz (1.5 gp) deposit.
$260 million capex.
$750 per oz cash costs.
Exploration Ghana Grumesa 90% n/a n/a n/a
Total Land Package Size (ha): 88,000  

Profitability (by resource)

Proven &
Probable
02/02/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 4.00M 4.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 39.57M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 3.40M 3.40M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 33.63M
Maximum Profit (Gold): $278.70M $530.74M n/a $252.04M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $278.70M $530.74M n/a $252.04M
Max Profit / Current MCap: 0.839 1.122 n/a 0.283
Max Profit Per Share (Gold): $0.24 $0.45 n/a $0.21
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.24 $0.45 n/a $0.21
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $97.66 $139.13 n/a $41.47
FD Mkt. Cap / Silver Eq.: $1.18 $1.50 n/a $0.32
FD Mkt. Cap / Per Metal
as % Spot Price:
7.42% 9.78% n/a 2.36%
Measured &
Indicated
02/02/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 7.50M 7.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 74.19M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 5.78M 5.78M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 57.18M
Maximum Profit (Gold): $473.79M $902.26M n/a $428.47M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $473.79M $902.26M n/a $428.47M
Max Profit / Current MCap: 1.427 1.907 n/a 0.481
Max Profit Per Share (Gold): $0.40 $0.77 n/a $0.36
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.40 $0.77 n/a $0.36
Total Free Profit Per Share: $0.03 $0.24 n/a $0.20
FD Mkt. Cap / Gold Eq.: $57.45 $81.84 n/a $24.39
FD Mkt. Cap / Silver Eq.: $0.69 $0.88 n/a $0.19
FD Mkt. Cap / Per Metal
as % Spot Price:
4.36% 5.75% n/a 1.39%

Reserves &
Resources
02/02/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 9.00M 9.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 89.03M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 6.42M 6.42M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 63.48M
Maximum Profit (Gold): $526.04M $1,001.77M n/a $475.73M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $526.04M $1,001.77M n/a $475.73M
Max Profit / Current MCap: 1.584 2.118 n/a 0.534
Max Profit Per Share (Gold): $0.45 $0.85 n/a $0.40
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.45 $0.85 n/a $0.40
Total Free Profit Per Share: $0.08 $0.32 n/a $0.24
FD Mkt. Cap / Gold Eq.: $51.74 $73.71 n/a $21.97
FD Mkt. Cap / Silver Eq.: $0.62 $0.79 n/a $0.17
FD Mkt. Cap / Per Metal
as % Spot Price:
3.93% 5.18% n/a 1.25%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.