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Perseus Mining Reports Strong Q1 FY26 Performance and Strategic Developments

Story Highlights
  • Perseus Mining produced 99,953 ounces of gold with a cash margin of US$1,612 per ounce.
  • The company renewed its share buyback program and progressed key project developments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perseus Mining Reports Strong Q1 FY26 Performance and Strategic Developments

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Perseus Mining ( (AU:PRU) ) has shared an announcement.

Perseus Mining reported a robust operational performance for the September 2025 quarter, producing 99,953 ounces of gold with an average cash margin of US$1,612 per ounce. The company’s cash and bullion balance reached US$837 million, and it renewed its share buyback program with an investment of up to A$100 million. The development of the CMA Underground at Yaouré and the Nyanzaga project is progressing, with the latter expected to start production in March 2027. Jeff Quartermaine retired as Managing Director and CEO, with Craig Jones taking over the role.

The most recent analyst rating on (AU:PRU) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Perseus Mining stock, see the AU:PRU Stock Forecast page.

More about Perseus Mining

Perseus Mining is a company operating in the gold mining industry, with primary operations in Côte d’Ivoire and Ghana. The company focuses on gold production and has three main operating mines: Yaouré, Sissingué, and Edikan.

YTD Price Performance: 87.85%

Average Trading Volume: 5,574,371

Technical Sentiment Signal: Buy

Current Market Cap: A$6.39B

For a thorough assessment of PRU stock, go to TipRanks’ Stock Analysis page.

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