Perseus Mining (TSX:PRU) 5-Year Yield-on-Cost % : 1.60 (As of May. 16, 2024)

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What is Perseus Mining 5-Year Yield-on-Cost %?

Perseus Mining's yield on cost for the quarter that ended in Dec. 2023 was 1.60.

The historical rank and industry rank for Perseus Mining's 5-Year Yield-on-Cost % or its related term are showing as below:

TSX:PRU' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.96 Med: 1.42 Max: 1.76
Current: 1.6

During the past 13 years, Perseus Mining's highest Yield on Cost was 1.76. The lowest was 0.96. And the median was 1.42.

TSX:PRU's 5-Year Yield-on-Cost % is ranked worse than
69.93% of 306 companies
in the Metals & Mining industry
Industry Median: 3.105 vs TSX:PRU: 1.60

Competitive Comparison of Perseus Mining's 5-Year Yield-on-Cost %

For the Gold subindustry, Perseus Mining's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Perseus Mining's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Perseus Mining's 5-Year Yield-on-Cost % falls into.

Perseus Mining 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Perseus Mining is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Perseus Mining (TSX:PRU) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Perseus Mining 5-Year Yield-on-Cost % Related Terms

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Perseus Mining (TSX:PRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Perseus Mining Ltd (TSX:PRU) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

PMNXF:USA P4Q:Germany PRU:Australia

Address

437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008

Website

https://www.perseusmining.com

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.