Perenti (OTCMKTS:AUSDF) Shares Down 14% – Time to Sell?

Shares of Perenti Limited (OTCMKTS:AUSDFGet Free Report) fell 14% during trading on Thursday . The stock traded as low as $1.72 and last traded at $1.72. 7,027 shares changed hands during trading, an increase of 18% from the average session volume of 5,976 shares. The stock had previously closed at $2.00.

Perenti Stock Down 14.0%

The company’s fifty day simple moving average is $1.93 and its two-hundred day simple moving average is $1.76.

Perenti Company Profile

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Perenti (OTCMKTS:AUSDF) is a diversified mining services company that provides a comprehensive suite of end-to-end mining solutions, including surface and underground contract mining, exploration and production drilling, and plant operations. The company’s service offerings extend to engineering, maintenance, mineral processing and digital mining technologies, enabling clients to optimize project performance and accelerate development timelines.

Founded in 1987 as Ausdrill and rebranded to Perenti in 2018, the company has built a track record of delivering large-scale mining projects across a range of commodities, including gold, copper, nickel and iron ore.

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