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Perseus Mining Limited (ASX:PRU)

ALERT: Price-sensitive ASX Announcement for PRU
Current share price for PRU : $4.880 -0.78 (-13.78%)+
Announcement
Release
20 Feb 2026 8:17AM
Price at Release
$5.660
Full Release
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Summary
Perseus Mining Limited has reported its financial and operational performance for the first half of the financial year 2026. The company achieved a net cash position of USD 755 million with an undrawn debt facility of USD 400 million, resulting in total liquidity of USD 1.15 billion. Perseus has announced a 100% increase in their interim dividend to 5 cents per share compared to the previous year, aiming to balance rewarding shareholders and funding corporate growth. The company operates several mines, including Yaouré, Edikan, and Sissingué, with a forecast production range of 400,000 to 440,000 ounces of gold at an all-in site cost between USD 1,600 and USD 1,760 per ounce. Perseus has also announced a share buyback program for FY26 of up to AUD 100 million and has reinforced its commitment to maintaining a resilient balance sheet and reliable cash flow to support future growth and shareholder returns. Additionally, the Nyanzaga Gold Project's ore reserves have been increased to 4.0 million ounces, and the mine's life has been extended by 16 years.
Key Points
  • Interim dividend increased by 100% to 5 cents per share.
  • Net cash position of USD 755 million with USD 400 million undrawn debt facility.
  • Total liquidity of USD 1.15 billion.
  • Forecast gold production of 400,000 to 440,000 ounces.
  • All-in site costs between USD 1,600 and USD 1,760 per ounce.
  • Share buyback program of up to AUD 100 million for FY26.
  • Nyanzaga Gold Project ore reserves increased to 4.0 million ounces.
  • Mine life extension of the Nyanzaga project to 16 years.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.