Perseus Mining Stock Gross Profit
| PRU Stock | 2.48 0.04 1.64% |
Perseus Mining fundamentals help investors to digest information that contributes to Perseus Mining's financial success or failures. It also enables traders to predict the movement of Perseus Stock. The fundamental analysis module provides a way to measure Perseus Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Perseus Mining stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 944.5 M | 991.7 M |
Perseus | Gross Profit |
Perseus Mining Company Gross Profit Analysis
Perseus Mining's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Perseus Mining Gross Profit | 821.31 M |
Most of Perseus Mining's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Perseus Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Perseus Mining reported 821.31 M of gross profit. This is 94.86% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The gross profit for all Australia stocks is 97.0% higher than that of the company.
Perseus Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Perseus Mining's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Perseus Mining could also be used in its relative valuation, which is a method of valuing Perseus Mining by comparing valuation metrics of similar companies.Perseus Mining is regarded fourth in gross profit category among its peers.
Perseus Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.17 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 2.99 B | ||||
| Shares Outstanding | 1.37 B | ||||
| Shares Owned By Insiders | 0.71 % | ||||
| Shares Owned By Institutions | 68.41 % | ||||
| Price To Book | 1.47 X | ||||
| Price To Sales | 3.18 X | ||||
| Revenue | 1.43 B | ||||
| Gross Profit | 821.31 M | ||||
| EBITDA | 788.57 M | ||||
| Net Income | 427.4 M | ||||
| Total Debt | 3.9 M | ||||
| Book Value Per Share | 1.04 X | ||||
| Cash Flow From Operations | 648.32 M | ||||
| Earnings Per Share | 0.33 X | ||||
| Target Price | 2.65 | ||||
| Number Of Employees | 1.1 K | ||||
| Beta | 1.0 | ||||
| Market Capitalization | 3.41 B | ||||
| Total Asset | 2.42 B | ||||
| Retained Earnings | 763.11 M | ||||
| Working Capital | 797.03 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 2.42 B | ||||
| Last Dividend Paid | 0.033 |
About Perseus Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Perseus Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Perseus Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Perseus Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Perseus Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Perseus Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Perseus Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Perseus Stock
Moving against Perseus Stock
| 0.8 | WC8 | Wildcat Resources | PairCorr |
| 0.75 | MNB | Minbos Resources | PairCorr |
| 0.54 | BMM | Balkan Mining | PairCorr |
| 0.45 | SPQ | Superior Resources | PairCorr |
| 0.44 | DEG | De Grey Mining | PairCorr |
The ability to find closely correlated positions to Perseus Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perseus Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Perseus Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Perseus Mining to buy it.
The correlation of Perseus Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perseus Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perseus Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Perseus Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Perseus Stock Analysis
When running Perseus Mining's price analysis, check to measure Perseus Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perseus Mining is operating at the current time. Most of Perseus Mining's value examination focuses on studying past and present price action to predict the probability of Perseus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perseus Mining's price. Additionally, you may evaluate how the addition of Perseus Mining to your portfolios can decrease your overall portfolio volatility.