Perseus Mining Limited (OTCMKTS:PMNXF) Sees Large Decline in Short Interest

Perseus Mining Limited (OTCMKTS:PMNXF) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,637,400 shares, a drop of 42.4% from the December 31st total of 2,843,300 shares. Based on an average daily volume of 11,600 shares, the short-interest ratio is presently 141.2 days.

Perseus Mining Stock Up 3.5 %

Shares of Perseus Mining stock traded up $0.06 on Wednesday, reaching $1.79. The company’s stock had a trading volume of 1,300 shares, compared to its average volume of 7,115. The stock has a 50-day moving average price of $1.66 and a 200-day moving average price of $1.71. Perseus Mining has a 52-week low of $0.96 and a 52-week high of $2.06.

Perseus Mining Company Profile

Perseus Mining Limited, together with its subsidiaries, explores, evaluates, develops, and mines for gold properties in West Africa. The company holds interests in the Edikan gold mine project located in Ghana; and the Sissingué and Yaouré gold mine projects located in Republic of Côte d’Ivoire. It also holds 70% interest in the Meyas Sand gold project in Sudan.