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

Perseus Mining Limited (OTCMKTS:PMNXF) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 958,379 shares, a growth of 78.4% from the January 29th total of 537,079 shares. Based on an average daily trading volume, of 33,116 shares, the days-to-cover ratio is presently 28.9 days. Based on an average daily trading volume, of 33,116 shares, the days-to-cover ratio is presently 28.9 days.

Perseus Mining Price Performance

Shares of Perseus Mining stock opened at $4.30 on Friday. Perseus Mining has a one year low of $1.72 and a one year high of $4.72. The business has a 50-day simple moving average of $3.98 and a 200-day simple moving average of $3.40.

Perseus Mining Company Profile

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.