Perenti (OTCMKTS:AUSDF) Trading Up 18.4% – Time to Buy?

Perenti Limited (OTCMKTS:AUSDFGet Free Report) was up 18.4% during mid-day trading on Friday . The stock traded as high as $0.90 and last traded at $0.90. Approximately 3,700 shares changed hands during trading, a decline of 58% from the average daily volume of 8,875 shares. The stock had previously closed at $0.76.

Perenti Stock Performance

The company has a fifty day simple moving average of $0.76 and a 200-day simple moving average of $0.75.

About Perenti

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Perenti Limited operates as a mining services company worldwide. It operates through Contract Mining, Drilling Services, and Mining Services and Idoba segments. The company offers underground and surface contract mining, drill and blast, in-pit grade control, exploration drilling, earthmoving, and machinery rebuilds services; and drilling services including specialized deep hole multi-intersectional directional diamond core drilling, underground diamond core drilling, drilling and blasting, and in-pit grade control services.

Further Reading

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