Perseus Mining Limited (OTCMKTS:PMNXF – Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $3.95 and traded as high as $4.10. Perseus Mining shares last traded at $4.09, with a volume of 2,950 shares changing hands.
Perseus Mining Price Performance
The firm has a fifty day simple moving average of $4.48 and a two-hundred day simple moving average of $3.95.
Perseus Mining Company Profile
Perseus Mining Ltd. is a West African gold mining company whose shares trade on the Australian Securities Exchange and over-the-counter in the United States under the symbol PMNXF. The company explores for, develops, and operates gold mines, producing doré for sale to gold refiners.
Perseus operates the Edikan gold mine in Ghana and the Sissingué and Yaouré gold mines in Côte d’Ivoire. These operations support the company’s activities across the West African region, while Perseus also maintains mineral exploration and development interests in Africa, including the Nyanzaga gold project in Tanzania.
Established in 2003 and listed on the ASX in 2004, Perseus produced its first gold at Edikan in 2011 and has since expanded into a multi-mine producer.
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