Perseus Mining (ASX:PRU) Share Price Passes Above 200-Day Moving Average of $0.53

Perseus Mining Limited (ASX:PRU)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.53 and traded as high as $0.73. Perseus Mining shares last traded at $0.72, with a volume of 7,251,014 shares.

The business’s 50-day moving average is A$0.74 and its two-hundred day moving average is A$0.53. The company has a current ratio of 3.13, a quick ratio of 1.56 and a debt-to-equity ratio of 5.72. The stock has a market capitalization of $834.73 million and a PE ratio of 119.17.

In other news, insider Colin Carson acquired 200,000 shares of the firm’s stock in a transaction on Monday, July 22nd. The stock was bought at an average cost of A$0.77 ($0.55) per share, with a total value of A$154,000.00 ($109,219.86). Also, insider Terence Harvey sold 100,000 shares of the company’s stock in a transaction dated Friday, July 19th. The shares were sold at an average price of A$0.65 ($0.46), for a total transaction of A$65,000.00 ($46,099.29).

About Perseus Mining (ASX:PRU)

Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa. It owns interests in the Edikan gold mine and Grumesa project located in Ghana; and Sissingué and Yaoure gold projects located in Côte d'Ivoire, as well as Mahalé, Mbengué, and Napié licenses in Côte d'Ivoire.

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