Perenti is a diversified mining services group with interests in contract mining, drilling services, mining support services, and technology solutions. It operates across four continents.

Perenti

Capricorn Metals Ltd explores for, evaluates, and develops mineral properties in Australia and Madagascar. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia. The company was formerly known as Malagasy Minerals Limited and changed its name to Capricorn Metals Limited in February 2016. Capricorn Metals Limited was incorporated in 2006 and is based in West Perth, Australia.

Capricorn Metals Ltd

Evolution Mining is a gold mining business that operates several mines in Australia and Canada, focusing on safe and efficient project operation and development, self-described as a globally relevant business.

Evolution Mining

Hancock Prospecting Pty Ltd is a leading Australian diversified resources company, with a strong record in iron ore and coal. The company has expanded into energy and port operations, and is involved in significant exploration and development projects. It has a history of pioneering large-scale projects and is known for its commitment to innovation and sustainability.

Hancock Prospecting Pty Ltd

Perenti is a diversified mining services group that provides contract mining, drilling services, and mining support services, with a focus on technology solutions for mining operations.

Mining

Barminco

African Mining Services

Ausdrill

African Underground Mining Services

BTP Group

Supply Direct

Transportation, Logistics, Supply Chain and Storage

Logistics Direct

Perenti | 26,462 followers on LinkedIn. Perenti is an ASX listed diversified mining services group with interests in contract mining, drilling services, mining support services and technology solutions. Headquartered in Perth, Australia, and operating across four continents with a workforce of 11,000 employees, our focus is to create enduring value and certainty for our investors, clients, employees and the communities in which we operate.

Our Divisions and businesses are: 

Contract Mining -  AMS, AUMS, Barminco

Drilling Services - Ausdrill, DDH1 Drilling, Ranger Drilling, Strike Drilling, Swick Mining Services 

Mining Services - BTP, Supply Direct, Logistics Direct

idoba - idoba, Orelogy

Information Technology and Services Professional

Paul Galatis

Independent legal adviser in the power generation, infrastructure and mining sectors

Alan Black

Non-executive director | Strategy | M&A | Growth & Transformation | Finance | Capital Markets

Timothy Longstaff

Vice President Human Resources | GAICD

Julia Davidson

We are still buzzing from IMARC, a conference packed with insights, collaborations and advances in mine electrification and technology. Darren Kwok wrapped up Perenti marathon at IMARC as part of a panel that discussed ‘Pioneering the Path to Net Zero: Strategic Priorities for Leading Mining Companies’. Darren shared the stage with Brian Huff ( Sandvik VP of New Technologies) and Meheroop Chopra (Head of Green Power, Fortescue ) and highlighted the importance of collaboration and harnessing the data: 🤝 Collaboration with like-minded clients and partners is essential for impactful progress in decarbonisation and electrification 📊 Our global underground mining experience provides valuable data and insights to optimise mine design and operation 🛠️ With our broad capabilities, we are actively supporting and driving this industry transformation ⏰ The time to act is now, and we encourage everyone to be part of this journey Our journey continues and we look forward to forging new collaborations. Thank you all. Let's do it again next year! #mining #collaboration #energytransition

We are pleased that international credit rating agency S&P Global has upgraded Perenti’s credit rating from ‘BB (positive)’ to ‘BB+ (stable)’. This upgrade comes after a similar upgrade from Moody’s announced on 2 October 2024. Perenti is now rated only one level below investment grade by S&P, Moody’s and Fitch. According to S&P press release, the outlook reflects "expectation that Perenti will continue to expand its contract book, while renewal rates will remain strong. Accordingly, we believe the company will sustain its solid operating performance while maintaining low leverage and prudent financial policies.” Michael Ellis , Chief Financial Officer of Perenti said “Receiving a second credit rating upgrade within the same month is further evidence of the increased scale, diversification and quality of Perenti’s earnings profile. The upgrade is directly related to the ongoing delivery of our 2025 Strategy.” #mining #investing

Our Managing Director & CEO Mark Norwell was interviewed by the dynamic Holly Ransom at this year’s International Mining and Resources Conference (IMARC) in Sydney. Holly and Mark delved into some crucial topics that are shaping the future of the industry with several key takeaways: · Collaboration is critical: Driving significant change in decarbonisation and electrification requires us to work together with clients and partners who share our vision. By leveraging collective expertise and resources, we can make a greater impact. · Operational experience and expertise is essential: Our extensive underground mining experience across multiple countries, commodities, and clients has equipped us with the know-how and data to optimise mine design and operations. · Alignment to deliver shared value: Our trusted, collaborative experience gives us the unique opportunity to support and actively contribute to the positive future of the mining industry. Focusing on decarbonisation, productivity, and capital efficiency, we are well-positioned to partner with clients to achieve their goals and create mutual value. · Transformation: By leveraging our diverse capabilities across contract mining, drilling, mining services and technology we are actively supporting and enabling this transformation. The time to move is now, and we should all be part of this journey. A big thank you to Holly for the engaging discussion and to everyone at IMARC for hosting such an inspiring event. Let’s continue to drive positive change in our industry! #mining #electrification #innovation #energytransition

Hello from IMARC 2024! 👋 It’s been great to see the interest in sessions featuring Perenti speakers and to welcome many attendees to our Perenti Hub (booth P21) on the exhibition floor.” 💡 Paul Linabury delivered an insightful keynote presentation on understanding how to electrify your mine, backed with case study data. 👏 Sarah Coleman shared a thought-provoking vision of what mining will look like with idoba ’s DiiMOS - distributed, integrated, and intelligent management operating systems. We can't wait to hear more from all the speakers and panelists at International Mining and Resources Conference (IMARC) and to continue the conversations! #mining #innovation #investing

Our leaders Mark Norwell and Joachim Braun met at MINExpo INTERNATIONAL to discuss how the collaboration between Perenti and ABB has evolved since the announcement of our MoU at the end of 2022, and how they see the future. If you are attending International Mining and Resources Conference (IMARC) , come visit Perenti's booth P21, and let’s discuss how our combined offerings can help create real progress for your operations. #mining #innovation

We look forward to sharing our progress and learnings in mine electrification, digitalization and mine performance optimisation. Join us at International Mining and Resources Conference (IMARC) to hear from Perenti thought leaders and subject matter experts and come for a chat at Perenti booth 21. Mark Norwell 🎙️ Keynote interview with Holly Ransom : Smarter Together: Collaborating to Accelerate Decarbonisation 📅 Wednesday, 30 October, 8:45 - 9:05 at Newmont Plenary Theatre Sarah Coleman 🎙️ DiiMOS - the future of distributed, integrated, and intelligent management operating systems 📅 Tuesday, 29 October, 14:30 - 16:30 at Convergio Digital Transformation Theatre Paul Linabury 🎙️ Keynote Presentation: Understanding the Electrifying Journey of Mining Operations 📅 Tuesday, 29 October, 12:00 - 14:00 at Hatch Mining Innovation Theatre Darren Kwok 🎙️ Panel Discussion: Pioneering the Path to Net Zero: Strategic Priorities for Leading Mining Companies 📅 Wednesday, 30 October, 14:35 – 15:05 at Energy Transition & Decarbonisation Theatre We look forward to seeing you in Sydney! #mining #miningindustry #innovation

With more than thirty-five years of extensive underground mining experience, spanning multiple countries and a diverse range of commodities and clients, we have amassed the unique insights, expertise and data necessary to optimise mining operations. 🎯 Our Technical Performance team is committed to unearthing your mine’s full potential from the start and supporting it until the end of project. 💡 One of the ways we help optimise mine operations is by embedding our professionals within your mine, the studies and operational support services bring clarity and confidence to your operations. Learn more at https://lnkd.in/gtha_xvZ #mining #miningindustry #innovation

We are pleased to announce that our underground mining business, Barminco , has signed a contract extension with IGO to continue mining at the Nova underground nickel mine in the Fraser Range, Western Australia. Barminco’s involvement at the Nova mine commenced in early 2015 when it was a greenfield site. This contract extension is worth $157 million and runs for 29 months. Mark Norwell , Managing Director & CEO of Perenti said “We are immensely proud that Barminco has been present since the beginning of the Nova operation. This contract extension is a testament to the strength of our relationship with IGO and underscores our commitment to collaborating with our clients to generate value together.” Gabrielle Iwanow , President of Contract Mining at Perenti said “Barminco is excited to continue the delivery of the world-class critical minerals operation at Nova. The ongoing safe and reliable mine production showcases how a collaborative approach and willingness to explore innovative solutions can deliver positive outcomes, even amidst significant market challenges.” View full story https://lnkd.in/gumA_rMp

We are proud to have Sarah Coleman , President of our idoba division, join the conversation on the urgency of modernization of mining, alongside ABB 's Stuart Cowie and Austmine 's Chris Gibbs Stewart . Sarah will join this expert discussion highlighting the key findings from a global research report ABB conducted. You can join the discussion on 21 October. More details at https://lnkd.in/gfHbce-i #mining #research

Today we put the spotlight on our mining Technical Performance capability. In short, we help your mine operate more efficiently, have appropriate governance in place and support you in your operations whether you are a mine owner or mine operator. Our team of experts delivers tailored solutions across four key pillars to optimise operations and ensure success: 👷♂️ Embedded Professionals, 📚 Studies, 📈 Operational Support, and 🎯 Governance But don’t take our word for it, see how @Kim Taylor from Subika feels about the study we did: " Brendon Smith managed a team of professionals to transform Subika underground from longhole stoping to SLS. This innovative approach to mining has increased output from the mine by more than 40%. This is just one example of Brendon's unique ability to enhance the value of a mine through his experience and critical thinking. I recommend Perenti Technical Performance team if you're wanting to improve the outcomes from your mine.¨ Discover how your mine can operate more efficiently https://lnkd.in/g74wqBsx #mining

Metric
Company Name	Perenti	Capricorn Metals Ltd	Evolution Mining	Hancock Prospecting Pty Ltd
Symbol		CMM
MSH ID	COM:PERENTI	AU:COM:CAPMETALS	AU:COM:EVOLUTIONMINING	AU:COM:HANCOCKPROSPECTING
Market	PRIVATE	STOCKS	PRIVATE	PRIVATE
Sector	Capital Goods & Industrials	Basic Materials	Basic Materials & Materials	Basic Materials & Materials
Industry	Mining Services	Gold	Mining	Mining
Country	AU	AU	AU	AU
Stage
Employee Count	10.00K	12		134
Website	perenti.com	capmetals.com.au	evolutionmining.com.au	hancockprospecting.com.au
LinkedIn	perenti			hancock-prospecting-group
Founders

Metric
Market Cap		1.27B
Enterprise Value
Monthly Web Traffic	14.35K	310
Web Traffic Growth	-0.09
Valuation
Raised Capital

Metric
Revenue		229.85M
Revenue (LTM)
Revenue (NTM)
Gross Profit		90.39M
EBITDA		107.47M
Operating Income		88.61M
Net Income		55.68M
EPS		0.15
Diluted EPS		0.15
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin		0.44
Operating Profit Margin		0.44
EBITDA Margin		0.47
Net Profit Margin		0.24
Return on Equity		0.28
Return on Assets		0.14
Return on Capital Employed		0.28

PERE

COM:PERENTI

Perenti

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio		384.04
P/B Ratio		6.59
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		6.87
EV Multiple		16.71

Metric
Days Sales Outstanding		2.88
Days Payables Outstanding		42.73
Days Inventory Outstanding		33.44
Operating Cycle		36.49
Cash Conversion Cycle		1.65
Asset Turnover		0.58

Metric
Operating Cash Flow		101.07M
Free Cash Flow		59.13M
Cash Flow to Debt		3.12
Operating Cash Flow/Sales		0.47
Free Cash Flow Yield		-0.03

Metric
Cash & Equivalents		76.62M
Accounts Receivable		-459.42K
Inventory		10.27M
Goodwill
Debt to Capitalization		0.16
Debt to Assets		0.17
Current Ratio		2.95
Quick Ratio		3.40

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue		0.04