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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)1.64M
Market Cap
HK$2.02B
Enterprise ValueHK$1.69K
Total Cash (Recent Filing)HK$1.19B
Total Debt (Recent Filing)HK$235.02M
Price to Earnings (P/E)12.8
Beta0.10
Next Earnings
Nov 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield3.83%
Share Statistics
EPS (TTM)0.05
Shares Outstanding2,400,000,000
10 Day Avg. Volume646,300
30 Day Avg. Volume1,639,433
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
Strong Profitability And ScaleThe company combines meaningful revenue scale with high gross and operating margins, indicating a profitable business model with substantial earnings retained from sales. Consistently solid profitability across several years provides a durable base for reinvestment, resilience, and shareholder returns.
Conservative Balance SheetLow leverage relative to the equity and asset base limits balance-sheet strain and preserves financial flexibility. This supports the company’s ability to withstand operating volatility, fund ongoing needs, and pursue opportunities without relying excessively on additional borrowing.
Positive Cash GenerationPositive operating and free cash flow show that the business converts its operations into funds available for reinvestment, debt service, or shareholder distributions. This internally generated liquidity can support resilience and reduce dependence on external financing over the coming quarters.
Bears Say
Weak Cash ConversionCash generation is materially weaker than reported EBITDA and net income, meaning accounting earnings do not fully translate into immediately deployable cash. Persistently lower conversion could constrain reinvestment, dividends, or debt reduction and make funding capacity more variable.
Margin And Growth VariabilityVolatile annual revenue performance and the decline from the 2024 peak net margin indicate that recent operating strength may not compound smoothly. Continued normalization or uneven demand could make earnings less predictable and reduce confidence in sustained high profitability.
Debt Has Increased From 2024Although current leverage remains conservative, the move from virtually debt-free in 2024 to a higher debt burden reduces flexibility versus the prior position. Further borrowing or weaker earnings could increase financing pressure and limit capital allocation choices.
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$2.02B.
When is Persistence Resources Group Ltd’s upcoming earnings report date?
Persistence Resources Group Ltd’s upcoming earnings report date is Nov 27, 2026 which is in 64 days.
How were Persistence Resources Group Ltd’s earnings last quarter?
Persistence Resources Group Ltd released its earnings results on Mar 31, 2026. The company reported HK$0.018 earnings per share for the quarter.
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 Annually dividend of HK$0.031 which represents an annual dividend yield of 3.83%. 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?
Persistence Resources Group Ltd reported an EPS of HK$0.018 in its last earnings report. Following the earnings report the stock price went down -1.79%.
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
Negative
20 days / 200 days
Momentum
-43.94%
12-Months-Change
Fundamentals
Return on Equity
3.83%
Trailing 12-Months
Asset Growth
36.26%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
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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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