Perseus Mining Limited (OTCMKTS:PMNXF) Stock Short Interest Report for October

Perseus Mining Limited (OTCMKTS:PMNXF) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 305,092 shares, a decrease of 52.3% from the September 30th total of 639,221 shares. Based on an average trading volume of 3,642 shares, the days-to-cover ratio is presently 83.8 days.

Perseus Mining Price Performance

PMNXF stock remained flat at $4.09 during trading on Friday. 101 shares of the company were exchanged, compared to its average volume of 42,022. The business’s fifty day moving average is $4.48 and its 200-day moving average is $3.95. Perseus Mining has a twelve month low of $2.97 and a twelve month high of $4.89.

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.