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
According to Persistence Resources Group Ltd’s latest financial reports and current stock price. The company's current PE Ratio is 21.33. This represents a change of 26.38% compared to the average of 16.88 of the last 4 quarters.
The mean historical PE Ratio of Persistence Resources Group Ltd over the last ten years is 20.90. The current 21.33 PE Ratio has changed 10.11% with respect to the historical average. Over the past ten years (40 quarters), 2489.HK's PE Ratio was at its highest in in the September 2023 quarter at 28.43. The PE Ratio was at its lowest in in the June 2023 quarter at 7.40.
Average
20.90
Median
13.65
Minimum
11.43
Maximum
52.92
Discovering the peaks and valleys of Persistence Resources Group Ltd PE 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 = 91.64%
Maximum Annual PE Ratio = 52.92
Minimum Annual Increase = -78.39%
Minimum Annual PE Ratio = 11.43
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 15.42 | 30.66% |
| 2023 | 11.80 | -0.70% |
| 2022 | 11.88 | -45.77% |
| 2021 | 21.91 | 91.64% |
| 2020 | 11.43 | -78.39% |
The current PE Ratio of Persistence Resources Group Ltd (2489.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
13.04
5-year avg
14.49
10-year avg
20.90
Persistence Resources Group Ltd’s PE Ratio is greater than CWT International Limited (5.58), greater than China Sanjiang Fine Chemicals Company Limited (4.72), greater than China Shanshui Cement Group Limited (18.43), greater than Ximei Resources Holding Limited (14.91), greater than CITIC Resources Holdings Limited (8.36), greater than Xingfa Aluminium Holdings Limited (3.95), greater than Dragon Mining Limited (11.73), less than GT Gold Holdings Limited (36.81), greater than TK Group (Holdings) Limited (8.23), greater than South Manganese Investment Limited (-3.94),
| Company | PE Ratio | Market cap |
|---|---|---|
| 5.58 | $2.60B | |
| 4.72 | $3.53B | |
| 18.43 | $2.96B | |
| 14.91 | $2.52B | |
| 8.36 | $3.10B | |
| 3.95 | $3.12B | |
| 11.73 | $1.05B | |
| 36.81 | $3.60B | |
| 8.23 | $2.21B | |
| -3.94 | $2.07B |
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