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

Perseus Mining Limited (OTCMKTS:PMNXF) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,085,900 shares, a drop of 29.3% from the February 28th total of 1,536,200 shares. Based on an average daily trading volume, of 33,900 shares, the days-to-cover ratio is currently 32.0 days.

Perseus Mining Stock Up 0.9 %

PMNXF traded up $0.02 on Tuesday, hitting $2.07. 14,960 shares of the company traded hands, compared to its average volume of 16,239. The company has a 50 day moving average of $1.86 and a 200-day moving average of $1.77. Perseus Mining has a 12-month low of $1.37 and a 12-month high of $2.09.

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.