Medusa Mining (ASX:MML) share price drags lower on leadership change

The Medusa Mining Limited (ASX: MML) share price is dipping in early afternoon trade following a leadership change. At the time of writing, the Australian-based gold producer’s shares are down 3.49% to 83 cents.

Leadership change

The Medusa Mining share price is in negative territory as investors weigh up the company’s latest update.

In today’s release, Medusa Mining advised that interim CEO Andrew Teo will be appointed managing director, effective immediately. This follows after an extensive search by the company to find a replacement for the former resigned CEO.

However, with COVID-19 causing international travel restrictions,…