Perseus Mining Limited (OTCMKTS:PMNXF) Sees Large Decrease in Short Interest

Perseus Mining Limited (OTCMKTS:PMNXF) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totaling 395,142 shares, a decrease of 42.8% from the March 31st total of 690,674 shares. Based on an average trading volume of 10,833 shares, the days-to-cover ratio is presently 36.5 days.

Perseus Mining Trading Up 1.7%

OTCMKTS PMNXF opened at $4.00 on Tuesday. Perseus Mining has a 1 year low of $2.08 and a 1 year high of $4.72. The company has a fifty day moving average price of $3.84 and a 200-day moving average price of $3.69.

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.