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

Key Points

• Perseus Mining's stock (TSE:PRU) crossed above its **200-day moving average**, reaching a high of **C$3.97** before settling at **C$3.94** during trading.
• The company has a strong **financial position** with a low debt-to-equity ratio of **0.09**, a current ratio of **4.64**, and a market cap of **C$5.32 billion**.
• Perseus Mining operates multiple gold projects in **West Africa**, including the Sissingue Gold Mine and the Edikan Gold Mine in Ghana.

Perseus Mining Limited (TSE:PRU - )'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$3.14 and traded as high as C$3.97. Perseus Mining shares last traded at C$3.94, with a volume of 23,926 shares traded.

Perseus Mining Trading Down 0.3%

The company has a debt-to-equity ratio of 0.09, a current ratio of 4.64 and a quick ratio of 2.66. The stock's 50-day moving average is C$3.32 and its two-hundred day moving average is C$3.14. The stock has a market cap of C$5.32 billion, a P/E ratio of 14.68, a price-to-earnings-growth ratio of -0.13 and a beta of 1.52.

About Perseus Mining

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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