Perseus Mining (TSE:PRU) Shares Cross Above 200 Day Moving Average - What's Next?

Key Points

• Perseus Mining's share price crossed above its 200-day moving average of C$2.97, reaching a high of C$3.19 before closing at C$3.16 with a trading volume of 12,495 shares.
• The company has a market capitalization of C$4.83 billion, a P/E ratio of 9.85, and a strong liquidity position with a quick ratio of 2.66.
• Perseus Mining is involved in gold mining in West Africa, with projects located in the Sissingue Gold Mine, Edikan Gold Mine, and Yaoure Gold Project.

Perseus Mining Limited (TSE:PRU - )'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.97 and traded as high as C$3.19. Perseus Mining shares last traded at C$3.16, with a volume of 12,495 shares traded.

Perseus Mining Stock Up 1.0%

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 has a market capitalization of C$4.83 billion, a P/E ratio of 9.85, a PEG ratio of -0.13 and a beta of 0.99. The firm has a 50 day simple moving average of C$3.19 and a two-hundred day simple moving average of C$2.97.

Perseus Mining Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.