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2489 Stock Chart & Stats
HK$1.09
HK$0.02(2.41%)
At close: 4:00 PM EST
HK$1.09
HK$0.02(2.41%)
Day’s Range― - ―
52-Week RangeHK$0.56 - HK$2.16
Previous CloseN/A
Volume455.00K
Average Volume (3M)18.64M
Market Cap
HK$1.85B
Enterprise ValueHK$1.69K
Total Cash (Recent Filing)HK$1.14B
Total Debt (Recent Filing)HK$246.37M
Price to Earnings (P/E)12.2
Beta0.07
Next Earnings
Aug 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield3.9%
Share Statistics
EPS (TTM)0.06
Shares Outstanding2,400,000,000
10 Day Avg. Volume20,649,300
30 Day Avg. Volume18,644,204
Financial Highlights & Ratios
PEG Ratio-12.20
Price to Book (P/B)1.47
Price to Sales (P/S)3.27
P/FCF Ratio25.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
High ProfitabilitySustained high gross and operating margins indicate durable unit economics and pricing power in the gold business. Strong margins provide ongoing earnings cushion versus cost shocks, support internal investment and dividend capacity, and underpin multi-month cash generation resilience.
Revenue ReboundA recent rebound in revenue after prior weakness suggests improving demand or operational execution. A recovering top line, if sustained, improves fixed-cost absorption and helps stabilize margins and free cash flow over the coming quarters, supporting reinvestment and operational scale.
Manageable LeverageModerate leverage and a sizable equity base provide balance-sheet flexibility for capital programs or cyclical downturns. With debt modest relative to equity, the company retains access to funding and can prioritize capex, exploration or dividends without immediate solvency pressure.
Bears Say
Weakened Cash ConversionDeclining cash conversion and a sharp drop in free cash flow constrain the firm's ability to self-fund growth, dividends, or debt reduction. Persistent weakness in cash generation increases reliance on external financing and raises vulnerability to commodity or working-capital swings over the next several quarters.
Step-up In DebtAn increase in debt from a near-zero base reduces financial flexibility and raises interest and refinancing exposure. Even if current leverage is moderate, the shift narrows the margin for error in a downturn and could pressure liquidity or require prioritization of cash flow to servicing.
Choppy Growth & Margin NormalizationInconsistent multi-year revenue and recent margin compression point to cyclicality or operational volatility. That variability complicates long-term planning, makes earnings less predictable, and increases sensitivity to gold-price swings and operational disruptions over the medium term.
Persistence Resources Group Ltd News
2489 FAQ
What was Persistence Resources Group Ltd’s price range in the past 12 months?
Persistence Resources Group Ltd lowest stock price was HK$0.56 and its highest was HK$2.16 in the past 12 months.
What is Persistence Resources Group Ltd’s market cap?
Persistence Resources Group Ltd’s market cap is HK$1.85B.
When is Persistence Resources Group Ltd’s upcoming earnings report date?
Persistence Resources Group Ltd’s upcoming earnings report date is Aug 28, 2026 which is in 22 days.
How were Persistence Resources Group Ltd’s earnings last quarter?
Currently, no data Available
Is Persistence Resources Group Ltd overvalued?
According to Wall Street analysts Persistence Resources Group Ltd’s price is currently Overvalued.
Does Persistence Resources Group Ltd pay dividends?
Persistence Resources Group Ltd pays a Notavailable dividend of HK$0.03 which represents an annual dividend yield of 3.9%. See more information on Persistence Resources Group Ltd dividends here
What is Persistence Resources Group Ltd’s EPS estimate?
Persistence Resources Group Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Persistence Resources Group Ltd have?
Persistence Resources Group Ltd has 2,400,000,000 shares outstanding.
What happened to Persistence Resources Group Ltd’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Persistence Resources Group Ltd?
Currently, no hedge funds are holding shares in HK:2489
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Persistence Resources Group Ltd Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
126.43%
12-Months-Change
Fundamentals
Return on Equity
3.90%
Trailing 12-Months
Asset Growth
35.55%
Trailing 12-Months
Company Description
Persistence Resources Group Ltd
Persistence Resources Group Ltd focuses on the discovery, extraction, and processing of gold deposits throughout China. The company manages two active gold mining operations: the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine, both of which are situated in Songjiagou, within the productive MupingRushan gold metallogenic belt. Founded in 2005, the organization was previously recognized as Sinogold Resources Holdings Group Co., Ltd. before officially adopting its current name, Persistence Resources Group Ltd, in May 2022. Its corporate headquarters are located in Yantai, China. Persistence Resources Group Ltd operates as a subsidiary entity under Majestic Gold Corp.
Technical Analysis
Dragon Mining
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Tongguan Gold Group Ltd.
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Lingbao Gold Group Company Ltd. Class H
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Taung Gold International Limited
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Grand T G Gold Holdings Ltd
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