Short Interest in Perseus Mining Limited (OTCMKTS:PMNXF) Declines By 29.3%

Perseus Mining Limited (OTCMKTS:PMNXF) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 1,085,900 shares, a decrease of 29.3% from the February 28th total of 1,536,200 shares. Based on an average daily volume of 33,900 shares, the short-interest ratio is presently 32.0 days.

Perseus Mining Trading Up 1.4 %

OTCMKTS:PMNXF traded up $0.03 on Monday, hitting $2.05. The stock had a trading volume of 22,589 shares, compared to its average volume of 16,233. Perseus Mining has a 1 year low of $1.37 and a 1 year high of $2.07. The firm’s fifty day simple moving average is $1.85 and its two-hundred day simple moving average is $1.77.

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.