PRU - Perseus Mining - Gold mining turnaround

Perseus now a two mine/two operating country gold miner with line of sight on a third mine, looking to take production towards 500z oz around 2021.

Short interest has dropped sharply and a sauser shaped bottom has formed over the last 12 months.

Double bottom at 27c.

27c -39c channel, now convincingly broken to the upside.

Mesured move objective of 55c

Trend Analysis

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