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Perseus Mining Reported "Material Improvements Across All Key Financials" In Half Year Results
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Perseus Mining Reported "Material Improvements Across All Key Financials" In Half Year Results
Feb 24, 2025 4:37 AM

07:28 AM EST, 02/24/2025 (MT Newswires) -- Mid-tier, gold producer, developer and explorer, Perseus Mining Limited ( PMNXF ) over the weekend reported "material improvements across all key financial metrics" including revenue, EBITDA, profit after tax, operating cash flow and net cash position in its Interim Financial Report for the six months ending December 31, 2024.

Among highlights, revenue increased to US$581.8 million, up 19% on the prior corresponding period; EBITDA was up 26% to US$352.7 million; profit after tax increased to US$201 million, up 22%; and operating cash flow increased to US$248 million, up 17%.

An interim dividend of Australian dollar (AUD) 2.5 cents per share was declared, a 100% increase on the first half of FY24 interim return.

Perseus confirms market guidance for FY25 of 469,000 to 504,000oz gold production at US$1,250 to US$1,280/oz AISC

PRU was down $0.03 or 1.15% at $2.59 on Friday.

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