Perenti Limited (OTCMKTS:AUSDF – Get Free Report) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 18,173 shares, a decline of 92.9% from the September 30th total of 256,897 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
Perenti Price Performance
Shares of AUSDF stock remained flat at $1.40 during trading hours on Monday. Perenti has a 52 week low of $0.90 and a 52 week high of $2.00. The firm’s 50-day simple moving average is $1.76 and its 200 day simple moving average is $1.71.
Perenti Company Profile
Perenti Limited is an Australia-based mining services company that provides contract mining and related services to mining companies worldwide. Its activities include surface and underground mining, mining support, contract drilling, blasting, equipment maintenance, and other services used across the mining life cycle.
The company operates through a portfolio of specialized businesses and brands, including Ausdrill, African Mining Services, Barminco, and Dynamic Drill and Blast. These businesses provide services such as open-pit and underground mine development and production, drilling and blasting, mineral analysis, equipment hire, and mine-site support.
Perenti was established in Australia in 1987 as Ausdrill and adopted the Perenti name in 2019 as part of a broader group reorganization.
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