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

Perseus Mining Limited (OTCMKTS:PMNXFGet Free Report) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,005,243 shares, a growth of 76.8% from the November 30th total of 568,643 shares. Based on an average trading volume of 69,645 shares, the days-to-cover ratio is currently 14.4 days. Based on an average trading volume of 69,645 shares, the days-to-cover ratio is currently 14.4 days.

Perseus Mining Price Performance

PMNXF opened at $3.76 on Monday. The business has a fifty day moving average price of $3.41 and a 200 day moving average price of $2.87. Perseus Mining has a 12 month low of $1.52 and a 12 month high of $4.15.

About Perseus Mining

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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.

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