Perseus Mining Limited (OTCMKTS:PMNXF) Sees Significant Drop in Short Interest

Perseus Mining Limited (OTCMKTS:PMNXF) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 395,142 shares, a decline of 42.8% from the March 31st total of 690,674 shares. Based on an average daily volume of 10,833 shares, the short-interest ratio is currently 36.5 days.

Perseus Mining Stock Up 1.1%

PMNXF stock traded up $0.04 during midday trading on Wednesday, hitting $3.95. The company’s stock had a trading volume of 15,359 shares, compared to its average volume of 81,412. The stock’s 50-day moving average price is $3.84 and its 200 day moving average price is $3.70. Perseus Mining has a 1 year low of $2.08 and a 1 year high of $4.72.

About Perseus Mining

Perseus Mining (OTCMKTS: PMNXF) is an Australian-based gold mining company engaged in the exploration, development and production of gold resources in West Africa. Headquartered in West Perth, Western Australia, the company focuses on advancing its portfolio of operating mines and exploration projects through sustainable mining practices and targeted expansion strategies.

The company’s principal operating assets include the Edikan Gold Mine in Ghana and the Sissingue and Yaouré Gold Mines in Côte d’Ivoire.