Perseus Mining (TSE:PRU) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of Perseus Mining Limited (TSE:PRUGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.74 and traded as high as C$3.46. Perseus Mining shares last traded at C$3.46, with a volume of 31,930 shares.

Perseus Mining Price Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.66 and a current ratio of 4.64. The company has a market cap of C$5.29 billion, a P/E ratio of 10.79, a P/E/G ratio of -0.13 and a beta of 0.99. The firm has a 50 day moving average price of C$3.09 and a two-hundred day moving average price of C$2.74.

About Perseus Mining

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Perseus Mining Ltd is engaged in the exploration, evaluation, development, and mining of gold properties in West Africa. The company projects are Sissingue Gold Mine, Edikan Gold Mine in Ghana, and Yaoure Gold Project.

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