Persistence Resources Group Ltd (HK:2489)
:2489
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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$0.76 - HK$2.17
Previous CloseN/A
Volume455.00K
Average Volume (3M)18.64M
Market Cap
HK$1.99B
Enterprise ValueHK$651.61M
Total Cash (Recent Filing)HK$1.14B
Total Debt (Recent Filing)HK$246.37M
Price to Earnings (P/E)13.5
Beta-0.01
Next Earnings
Aug 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.78%
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-12.19
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 Profit MarginsSustained high gross and EBIT margins indicate durable earnings power and operational efficiency. These margins give the company structural ability to absorb cost swings, fund reinvestment or distributions, and sustain profitability across commodity cycles, supporting long-term cash generation.
Manageable Leverage And Sizable EquityA low debt-to-equity ratio and strong equity base provide financial flexibility and reduce solvency risk. This capital structure supports capital allocation, protects against commodity or cyclical shocks, and enables the company to pursue organic investment or opportunistic transactions.
Positive Operating And Free Cash FlowContinued positive operating and free cash flow means the business generates real cash to fund operations, capex and dividends. Even with lower conversion rates, positive cash generation underwrites ongoing capital needs and reduces reliance on external financing over the medium term.
Bears Say
Weakened Cash ConversionMarked deterioration in cash conversion and a sizeable drop in free cash flow reduce internal funding capacity. Over 2–6 months this can constrain reinvestment, shareholder returns, or cushion for downturns, and may signal rising working-capital needs or higher discretionary spending.
Step-up In Debt Versus Prior YearAn increase in leverage from near-zero in the prior year diminishes the company’s margin of safety and financial optionality. Higher debt raises interest expense risk and limits ability to pursue strategic investments or absorb adverse commodity or operational shocks without additional financing.
Uneven Multi-year Growth And Margin VariabilityChoppy revenue and margin history reduce predictability of future earnings, complicating planning and capital allocation. Persistent variability suggests exposure to cyclical factors or execution volatility, which can impair long-term return consistency and increase forecasting risk.
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$0.76 and its highest was HK$2.17 in the past 12 months.
What is Persistence Resources Group Ltd’s market cap?
Persistence Resources Group Ltd’s market cap is HK$1.99B.
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 84 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 2.78%. 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
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
126.43%
12-Months-Change
Fundamentals
Return on Equity
10.43%
Trailing 12-Months
Asset Growth
35.55%
Trailing 12-Months
Company Description
Persistence Resources Group Ltd
Persistence Resources Group Ltd engages in the exploration, mining, and processing of gold properties in China. It operates two operating gold mines, including the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine located in Songjiagou, the MupingRushan gold metallogenic belt. The company was formerly known as Sinogold Resources Holdings Group Co., Ltd. and changed its name to Persistence Resources Group Ltd in May 2022. The company was founded in 2005 and is headquartered in Yantai, China. Persistence Resources Group Ltd is a subsidiary of Majestic Gold Corp.
Technical Analysis
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Tongguan Gold Group Ltd.
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Taung Gold International Limited
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Grand T G Gold Holdings Ltd
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Options Prices
Currently, No data available
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