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Why is Perseus Mining (ASX:PRU) share price surging today?

Why is Perseus Mining (ASX:PRU) share price surging today?

Key Highlights

  • FY26 Revenue increased 19% to $1.484 billion, while EBITDA rose 16% to $860.5 million.
  • Profit after tax increased 14% to $480.5 million despite gold production falling 19% to 399,023 ounces.
  • The full-year Dividend increased 87% to 14 Australian cents per share, while A$126 million of share buy-backs were completed during FY26.
  • Cash and bullion increased 25% to $1.034 billion, while Nyanzaga remained on schedule for first gold in January 2027.

Perseus Mining (ASX:PRU) shares jumped after the gold miner reported a 14% rise in FY26 profit and delivered record Shareholder returns, powered by a sharply higher gold price. Perseus (ASX:PRU) shares were trading at…

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