Short Interest in Perseus Mining Limited (OTCMKTS:PMNXF) Declines By 42.8%

Perseus Mining Limited (OTCMKTS:PMNXF) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 395,142 shares, a drop of 42.8% from the March 31st total of 690,674 shares. Based on an average daily volume of 10,833 shares, the days-to-cover ratio is currently 36.5 days.

Perseus Mining Stock Performance

Shares of PMNXF stock opened at $3.93 on Monday. Perseus Mining has a 1 year low of $2.08 and a 1 year high of $4.72. The business’s fifty day moving average is $3.84 and its 200-day moving average is $3.69.

About Perseus Mining

Perseus Mining (OTCMKTS: PMNXF) is an Australian-based gold mining company engaged in the exploration, development and production of gold resources in West Africa. Headquartered in West Perth, Western Australia, the company focuses on advancing its portfolio of operating mines and exploration projects through sustainable mining practices and targeted expansion strategies.

The company’s principal operating assets include the Edikan Gold Mine in Ghana and the Sissingue and Yaouré Gold Mines in Côte d’Ivoire.