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Perseus' net cash position increased $18 million quarter-on-quarter and currently stands at $6 million.
Speaking on a quarterly conference call, Quartermaine said the company was in "exceptionally good shape", and as a market proposition, "warranted the close attention of all investors".
The West Africa gold miner's quarterly further said "Perseus is on track to achieve its goal of producing more than 500,000oz of gold per year at a cash operating margin of not less than $400 per ounce".
Guidance for the current June half of 175,000-190,000 ounces at $950-$1150/oz "remains unchanged".
In terms of further growth, Perseus is on the lookout for both organic and inorganic opportunities.
Shares in Perseus were little changed at A$1.32 in midday trade, capitalising the company at $1.6 billion.
