Perseus Mining Limited (OTCMKTS:PMNXF – Get Free Report) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 305,092 shares, a decrease of 52.3% from the September 30th total of 639,221 shares. Based on an average trading volume of 3,642 shares, the short-interest ratio is currently 83.8 days.
Perseus Mining Price Performance
PMNXF stock remained flat at $4.09 during midday trading on Friday. The company had a trading volume of 101 shares, compared to its average volume of 42,022. Perseus Mining has a 52-week low of $2.97 and a 52-week high of $4.89. The stock’s 50 day simple moving average is $4.48 and its 200-day simple moving average is $3.95.
About Perseus Mining
Perseus Mining Ltd. is a West African gold mining company whose shares trade on the Australian Securities Exchange and over-the-counter in the United States under the symbol PMNXF. The company explores for, develops, and operates gold mines, producing doré for sale to gold refiners.
Perseus operates the Edikan gold mine in Ghana and the Sissingué and Yaouré gold mines in Côte d’Ivoire. These operations support the company’s activities across the West African region, while Perseus also maintains mineral exploration and development interests in Africa, including the Nyanzaga gold project in Tanzania.
Established in 2003 and listed on the ASX in 2004, Perseus produced its first gold at Edikan in 2011 and has since expanded into a multi-mine producer.
Further Reading
- Five stocks we like better than Perseus Mining
- Eli Lilly’s First Full Medicare Quarter: Is Volume Still Outrunning Price Cuts?
- Oracle’s AI Spending Peak Is in Sight—Can the Stock Recover?
- LyondellBasell’s Dividend Looks Safer, But a New Risk Could Change That
- L3Harris Stock Took a Beating—Is a 20% Rebound Next?
Receive News & Ratings for Perseus Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perseus Mining and related companies with MarketBeat.com's FREE daily email newsletter.
