What Perseus Mining (PRU) Said on Its Q1 Earnings Call - TradingView

AI desk brief

Perseus Mining reported Q1 gold production of 92,551 oz, below the prior quarter but still above internal plan, with sales of 99,661 oz at a realized price of $3,881/oz and notional cash flow of $171 million. Group AISC was $2,035/oz versus average production cost of $1,472/oz, while the company ended the quarter with $900 million in cash and bullion, no debt, and $1.3 billion in liquidity including undrawn facilities.

Management kept FY27 guidance at 420,000-480,000 oz at AISC of $1,835-$2,070/oz, with 55,000 oz expected from Nyanzaga, which was 88% complete and remains on track for first gold in January 2027. Perseus said it uses a $4,000/oz gold assumption in cost planning and also signaled capital returns via a A$350 million buyback and a proposed A$100 million special distribution.