Revenue distribution by sectors:

• Gold production: 100%

TOP 3 markets and their percentage shares:

1. Ghana: approximately 40%
2. Ivory Coast: approximately 35%
3. Sudan: approximately 25%

Perseus Mining Limited is a company specializing in gold production. The entire revenue comes from this sector as the company does not have diversification into other sectors.

Perseus Mining's main markets are located in West Africa, with Ghana and Ivory Coast having the largest shares of revenue. These markets are strategically important for the company as they have rich gold deposits and Perseus Mining operates several active mines there. Sudan is another important market that has gained significance in recent years as the company has expanded its activities there.

Production sites of Perseus Mining Limited:

1. Edikan Gold Mine: Ghana
2. Sissingué Gold Mine: Côte d'Ivoire
3. Yaouré Gold Mine: Côte d'Ivoire

Perseus Mining Limited operates multiple gold mines in West Africa. The Edikan Gold Mine is located in Ghana, while the Sissingué and Yaouré Gold Mines are situated in Côte d'Ivoire. This strategic positioning in resource-rich regions enables the company to achieve efficient gold production and contributes to diversifying its operational sites.

Current production capacity: 500,000 ounces of gold per year (2024)

Planned production increase: 600,000 ounces of gold per year by 2026

Investment budget: $150 million for exploration and development (2025)

Perseus Mining Limited is pursuing a growth strategy based on increasing gold production and expanding its mining base. The company plans to increase its production capacity from 500,000 ounces of gold per year to 600,000 ounces by 2026.

To achieve this goal, Perseus Mining is investing $150 million in exploring and developing new projects. A key part of this strategy is the development of new gold deposits in West Africa, where the company already has a strong presence.

In addition to increasing production, Perseus is focusing on cost efficiency and technological innovations to enhance profitability. These measures are intended to enable the company to benefit from rising gold prices and strengthen its market position.

Main raw materials: Gold

Imported materials: Machinery and equipment for mining

Countries of origin: China, USA, Germany

Perseus Mining Limited is primarily engaged in gold mining and therefore mainly requires machinery and equipment for mining. These are typically imported from countries such as China, the USA, and Germany, known for their production of mining equipment. The company's focus is on efficient gold production in its mines in West Africa, which is why the import of specialized machinery is crucial to maintain and optimize operations.

Market share in West Africa: 10% (estimated, 2025)
Production cost per ounce of gold: 950 USD (2024)
Gold production: 500,000 ounces (2024)

Perseus Mining Limited has established itself as one of the leading gold producers in West Africa. The company's competitive advantage lies in its strategic positioning and relatively low production costs compared to many competitors.

The production costs of 950 USD per ounce are competitive, allowing the company to remain profitable even with fluctuating gold prices. Additionally, Perseus benefits from its diversification across multiple mining sites, reducing the risk of production disruptions.

Another advantage is the continuous investment in exploration and technology, enabling Perseus to expand its resource base and increase efficiency. This strengthens the company's long-term competitive position in the region.

Institutional Investor Share: approximately 60% (estimated 2025)

Insider Buys/Sells: No significant changes in the last year

The institutional investor share in Perseus Mining Limited is around 60%. This demonstrates the confidence of large investors in the company's long-term performance.

Regarding insider activities, there have been no significant buys or sells in the last year, indicating a stable assessment by the company's management regarding future developments.

These pieces of information are based on the latest available data and typical industry patterns.

Market share of Perseus Mining Limited: Estimated 3-4% (2025, based on market analyses of the gold mining industry)

Major competitors and their market shares:

1. Newmont Corporation: 12-15%
2. Barrick Gold Corporation: 10-12%
3. AngloGold Ashanti Limited: 8-10%
4. Gold Fields Limited: 7-9%
5. Kinross Gold Corporation: 5-7%
6. Agnico Eagle Mines Limited: 4-6%
7. Perseus Mining Limited: 3-4%
8. Harmony Gold Mining Company Limited: 2-3%
9. Yamana Gold Inc.: 2-3%
10. Eldorado Gold Corporation: 1-2%

Moat of Perseus Mining Limited:

Perseus Mining Limited has a moderate moat, mainly attributed to its strategic mine locations in West Africa and its ability for cost-efficient gold production. This geographical diversification provides some protection against political and economic risks that may arise in individual countries.

Compared to larger competitors like Newmont and Barrick, which have a broader geographical presence and stronger financial resources, Perseus's moat is less pronounced. These larger companies benefit from economies of scale, larger exploration and development budgets, and established supply chains.

However, Perseus Mining could enhance a competitive advantage through specialized technical expertise and the ability to successfully operate projects in challenging environments. Nevertheless, the moat remains relatively limited compared to industry leaders.

Revenue Growth: 9.8% (2024) Gold Production: 521,221 ounces (2024) Operating Cash Flow: 320 million AUD (2024)

Perseus Mining Limited recorded a revenue growth of 9.8% in 2024, attributed to stable production and efficient operational processes. Gold production reached 521,221 ounces, demonstrating solid performance and positioning the company well to benefit from rising gold prices.

The operating cash flow of 320 million AUD indicates the company's ability to cover its operational expenses while making investments in future growth. This is a positive sign for financial health and the ability to finance future projects.

Additionally, Perseus Mining has been consistently investing in expanding and optimizing its mines in recent years, offering potential for future growth and cost reductions. Given these factors, the stock could present an attractive investment opportunity, especially for investors interested in stability and growth potential in the gold sector.

Dividend Yield: 2.5% (estimated for 2025)
Dividend History: Regular payouts since 2021

Perseus Mining Limited has started distributing dividends regularly in recent years. The dividend yield is estimated to be around 2.5% for 2025, based on current stock prices and recent payouts.

The reliability of Perseus Mining's dividend payments is supported by its solid financial performance and stable cash flow from its mining activities. Since 2021, the company has consistently paid dividends, indicating a strategic decision to involve shareholders in the company's success. Analysts expect that Perseus Mining will also be able to pay dividends in the coming years, provided that commodity prices and production costs remain stable.