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Perseus Mining (Perseus Mining) Net Cash per Share : $0.18 (As of Dec. 2023)


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What is Perseus Mining Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Perseus Mining's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.18.

The historical rank and industry rank for Perseus Mining's Net Cash per Share or its related term are showing as below:

PMNXF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 6.85   Med: 9.17   Max: 35.17
Current: 9.18

During the past 13 years, the highest Price-to-Net-Cash Ratio of Perseus Mining was 35.17. The lowest was 6.85. And the median was 9.17.

PMNXF's Price-to-Net-Cash is ranked worse than
64.16% of 823 companies
in the Metals & Mining industry
Industry Median: 5.74 vs PMNXF: 9.18

Perseus Mining Net Cash per Share Historical Data

The historical data trend for Perseus Mining's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Perseus Mining Net Cash per Share Chart

Perseus Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.12 -0.12 -0.05 0.12

Perseus Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.05 0.04 0.12 0.18

Competitive Comparison of Perseus Mining's Net Cash per Share

For the Gold subindustry, Perseus Mining's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Perseus Mining's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Perseus Mining's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Perseus Mining's Price-to-Net-Cash falls into.



Perseus Mining Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Perseus Mining's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(482.493-178.868-142.166)/1367.99
=0.12

Perseus Mining's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(581.364-175.929-158.397)/1373.56
=0.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Perseus Mining  (OTCPK:PMNXF) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Perseus Mining Net Cash per Share Related Terms

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Perseus Mining (Perseus Mining) Business Description

Traded in Other Exchanges
Address
437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008
Perseus Mining in an Australian-based gold miner. It sold around 540,000 ounces of gold in fiscal 2023 from its three majority-owned mines in West Africa. Founded in 2004, Perseus purchased all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 70%-owned Meyas Sand gold project in Sudan in 2022. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, the company had about five years of reserves at the end of fiscal 2023.

Perseus Mining (Perseus Mining) Headlines

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