Persistence Resources Group Ltd

Persistence Resources Group Ltdverified

2489.HK

Price:

$1.28

Market Cap:

$2.32B

Persistence Resources Group Ltd engages in the exploration, mining, and processing of gold properties in China. It operates two operating gold mines, including the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine located in Songjiagou, the MupingRushan gold metallogenic belt. The company was formerly known as Sinogold Resources Holdings Group Co., Ltd. and changed its name to Persistence Resources Group Ltd in May 2022. The company was founded in 2005 and is headquartered in Yantai, China. Persistence Resources Group Ltd is a subsidiary of Majestic Gold Corp.

Industry

Gold

IPO Date

Stock Exchange

HKSE

Ticker

2489.HK

The Current Ratio as of December 2025 (TTM) for Persistence Resources Group Ltd (2489.HK) is 2.18

According to Persistence Resources Group Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.18. This represents a change of -35.68% compared to the average of 3.39 of the last 4 quarters.

Persistence Resources Group Ltd (2489.HK) Historical Current Ratio (quarterly & annually)

How has 2489.HK Current Ratio performed in the past?

The mean historical Current Ratio of Persistence Resources Group Ltd over the last ten years is 2.14. The current 2.18 Current Ratio has changed 10.10% with respect to the historical average. Over the past ten years (40 quarters), 2489.HK's Current Ratio was at its highest in in the December 2024 quarter at 4.93. The Current Ratio was at its lowest in in the March 2023 quarter at 0.

Quarterly (TTM)
Annual

Average

2.14

Median

1.51

Minimum

0.36

Maximum

4.93

Persistence Resources Group Ltd (2489.HK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Persistence Resources Group Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 158.10%

Maximum Annual Current Ratio = 4.93

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0.36

Quarterly (TTM)
Annual
YearCurrent RatioChange
20244.9338.06%
20233.5776.97%
20222.02100.58%
20211.018.32%
20200.93158.10%

Persistence Resources Group Ltd (2489.HK) Average Current Ratio

How has 2489.HK Current Ratio performed in the past?

The current Current Ratio of Persistence Resources Group Ltd (2489.HK) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

3.51

5-year avg

2.49

10-year avg

2.14

Persistence Resources Group Ltd (2489.HK) Current Ratio vs. Peers

How is 2489.HK’s Current Ratio compared to its peers?

Persistence Resources Group Ltd’s Current Ratio is greater than CWT International Limited (1.12), greater than China Sanjiang Fine Chemicals Company Limited (0.59), greater than China Shanshui Cement Group Limited (0.84), greater than Ximei Resources Holding Limited (2.00), greater than CITIC Resources Holdings Limited (1.13), greater than Xingfa Aluminium Holdings Limited (1.42), less than Dragon Mining Limited (2.84), greater than GT Gold Holdings Limited (1.04), less than TK Group (Holdings) Limited (2.63), greater than South Manganese Investment Limited (0.72),

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