Perseus Mining Limited (OTCMKTS:PMNXF) Short Interest Update

Perseus Mining Limited (OTCMKTS:PMNXF) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 2,671,100 shares, an increase of 27.5% from the November 15th total of 2,094,700 shares. Based on an average trading volume of 482,700 shares, the short-interest ratio is currently 5.5 days.

Perseus Mining Stock Performance

OTCMKTS:PMNXF remained flat at $1.74 during mid-day trading on Friday. 1,951 shares of the company traded hands, compared to its average volume of 23,025. The firm’s 50-day moving average is $1.76 and its 200-day moving average is $1.70. Perseus Mining has a 12 month low of $0.96 and a 12 month high of $2.06.

About Perseus Mining

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.