Perenti Limited (OTCMKTS:AUSDF – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 256,897 shares, an increase of 2,901.1% from the September 15th total of 8,560 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.
Perenti Price Performance
Shares of OTCMKTS AUSDF remained flat at $1.80 during midday trading on Friday. Perenti has a fifty-two week low of $0.90 and a fifty-two week high of $2.00. The company has a 50-day moving average of $1.80 and a 200-day moving average of $1.70.
Perenti Company Profile
Perenti Limited is an Australia-based mining services company that provides contract mining, mining support and related services to resource companies. Its activities span surface and underground mining, mineral processing support, equipment rental, maintenance, logistics and specialist technical services.
The company operates through a portfolio of businesses and brands, including Ausdrill, Barminco, BTP and MSALABS. These operations provide services such as drilling and blasting, load-and-haul, underground development and production mining, mobile equipment and parts support, laboratory testing, and other services used across the mining life cycle.
Perenti was established in 1987 as Ausdrill and adopted the Perenti name in 2019 as part of a broader group structure.
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