Perseus Mining (ASX:PRU) delivered record fiscal 2025 results with a final dividend exceeding expectations, said Euroz Hartleys in a Thursday note.
The company reported Thursday fiscal 2025 earnings of $0.2684 per share, up from $0.2345 a year earlier. Revenue for the 12 months ended June 30 was $1.25 billion, compared with $1.03 billion a year earlier.
The research firm added that the company is a "high-quality diversified gold miner" with strong production at attractive costs and earnings.
Euroz Hartleys maintained its buy rating on Perseus Mining and increased its price target to AU$4.22 from AU$4.04.
The company's shares fell almost 2% in recent Friday trade.