Shares of Perseus Mining Limited (OTCMKTS:PMNXF – Get Free Report) crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $4.42 and traded as low as $4.3125. Perseus Mining shares last traded at $4.32, with a volume of 792 shares changing hands.
Perseus Mining Trading Down 4.0%
The business’s fifty day moving average price is $4.42 and its 200 day moving average price is $3.96.
Perseus Mining Company Profile
Perseus Mining Limited is an Australian-based gold producer, developer and explorer focused on West Africa. The company’s principal business is the discovery, development and operation of gold mines, with revenues generated primarily from the production and sale of gold doré. Perseus operates the Edikan Gold Mine in Ghana and the Sissingué and Yaouré gold mines in Côte d’Ivoire. These operations form the core of the company’s producing asset portfolio, while Perseus also maintains exploration and development interests in the region.
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