Perseus Mining (ASX:PRU) Share Price Crosses Above 200-Day Moving Average of $0.57

Perseus Mining Limited (ASX:PRU)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.57 and traded as high as $0.76. Perseus Mining shares last traded at $0.75, with a volume of 4,885,803 shares changing hands.

The stock has a market capitalization of $875.99 million and a P/E ratio of 125.00. The company has a quick ratio of 1.56, a current ratio of 3.13 and a debt-to-equity ratio of 5.72. The business has a fifty day moving average price of A$0.76 and a 200-day moving average price of A$0.57.

In other Perseus Mining news, insider Colin Carson purchased 200,000 shares of the stock in a transaction dated Monday, July 22nd. The shares were purchased at an average cost of A$0.77 ($0.55) per share, with a total value of A$154,000.00 ($109,219.86). Also, insider Terence Harvey sold 100,000 shares of the company’s stock in a transaction on Friday, July 19th. The shares were sold at an average price of A$0.65 ($0.46), for a total value of A$65,000.00 ($46,099.29).

Perseus Mining Company Profile (ASX:PRU)

Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa. It owns interests in the Edikan gold mine and Grumesa project located in Ghana; and Sissingué and Yaoure gold projects located in Côte d'Ivoire, as well as Mahalé, Mbengué, and Napié licenses in Côte d'Ivoire.

Further Reading: Technical Analysis of Stocks, How Can It Help

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