Perseus Mining FY26 slides: cash flow surges 24% on gold price gains
Perseus Mining (ASX/TSX: PRU) reported a 24% surge in operating cash flow during its fiscal 2026 year, reaching $666 million, as gold prices surged higher. Operating cash flow per ounce also improved by 54% to $1,670, demonstrating the company's ability to convert higher gold prices into cash. Revenue grew 19% to $1.5 billion, driven by higher gold prices that more than offset lower production volumes.
The company's debt-free balance sheet and significant cash reserves position it well for growth projects and shareholder returns.
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- Perseus Mining reports FY results seekingalpha.com
