Perseus Mining (TSE:PRU) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of Perseus Mining Limited (TSE:PRUGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.46 and traded as high as C$2.87. Perseus Mining shares last traded at C$2.87, with a volume of 33,222 shares trading hands.

Perseus Mining Stock Performance

The company has a quick ratio of 2.66, a current ratio of 4.64 and a debt-to-equity ratio of 0.09. The stock’s 50-day moving average price is C$2.59 and its 200 day moving average price is C$2.47. The company has a market cap of C$4.39 billion, a P/E ratio of 8.95, a price-to-earnings-growth ratio of -0.13 and a beta of 0.99.

About Perseus Mining

(Get Free Report)

Perseus Mining Ltd is engaged in the exploration, evaluation, development, and mining of gold properties in West Africa. The company projects are Sissingue Gold Mine, Edikan Gold Mine in Ghana, and Yaoure Gold Project.

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