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Perseus Mining (TSE:PRU) Shares Pass Above Two Hundred Day Moving Average - Should You Sell?

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Perseus Mining Limited (TSE:PRU - Get Free Report)'s share price passed 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 changing hands.

Perseus Mining Price Performance

The company's 50-day simple moving average is C$2.61 and its 200-day simple moving average is C$2.47. 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 has a market capitalization of C$4.30 billion, a price-to-earnings ratio of 8.76, a P/E/G ratio of -0.13 and a beta of 0.99.

About Perseus Mining

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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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