Perseus Mining Limited (ASX: PRU)- Perseus Mining Limited narrowed down its losses in FY18

perseus mining

West African gold producer Perseus Mining Limited posted net loss after tax of $24.9 million for FY18 compared to a net loss after tax of $83.1 million in the previous financial year.

There has been total production of 255,916 ounces of gold in the twelve months to June 2018, 45% more than the prior year production, reflecting contribution received from low cost Sissingué gold mine after the start of its commercial production in November 2017.

[optin-monster-shortcode id=”wxhmli4jjedneglg1trq”]

The gold miner has reported improved performance over the past one year resulting from 36.5% increase in revenue to $378.1 million, 5% decline in cost of sales, and foreign exchange gain of $5.7 million. At 30 June 2018, cash and bullion on hand was $89.8 million, up $46.8 million from FY17.

No dividend has been recognized for the year ended 30 June 2018.

Perseus Mining Limited’s stock is trading at $0.345 on 29 August 2018. There has been positive performance change of 18.97% over the past one year.

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Checkout our Free Dividend Stocks Report

Specially made for income-hungry investors, Invest in growing Franked Dividends an opportunity that should not be missed.

6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report