PMNXF (Perseus Mining) 10-Year Share Buyback Ratio : -9.40% (As of Dec. 2024)

View and export this data going back to . Start your Free Trial

What is Perseus Mining 10-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Perseus Mining's current 10-Year Share Buyback Ratio was -9.40%.

PMNXF's 10-Year Share Buyback Ratio is ranked better than
68.42% of 1650 companies
in the Metals & Mining industry
Industry Median: -19.1 vs PMNXF: -9.40

Competitive Comparison of Perseus Mining's 10-Year Share Buyback Ratio

For the Gold subindustry, Perseus Mining's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback Ratio 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 10-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Perseus Mining's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Perseus Mining's 10-Year Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Perseus Mining 10-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Perseus Mining (OTCPK:PMNXF) 10-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Perseus Mining 10-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Perseus Mining's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Perseus Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Perseus Mining Ltd (OTCPK:PMNXF) » Definitions » 10-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

P4Q:Germany PRU:Canada PRU:Australia

Address

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

Website

https://www.perseusmining.com

Perseus is an Australia-based gold miner. It sold around 510,000 ounces of gold in fiscal 2024 from its three majority-owned mines in West Africa. Founded in 2004, Perseus bought 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 and its 80%-owned Nyanzaga gold project in Tanzania in fiscal 2024. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, it had about six years of reserves at end fiscal 2024. We forecast it sells about 480,000 ounces of gold in fiscal 2025.