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Why the Medusa (ASX:MML) share price is edging lower today // Motley Fool Australia

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Medusa Mining Limited (ASX: MML) shares are edging lower today following an update regarding the company’s Co-O Gold Mine. Before the ASX market halted in late morning trade, the Medusa share price was marginally down 0.6% to 79.5 cents.

Let’s take a closer look at Medusa and see what is said today.

What does Medusa do?

Medusa is an Australian-based gold producer, focusing on growth opportunities in the Asia Pacific region. The company operates two projects, the Co-O mine and the Royal Crowne Vein Prospect.

What’s impacting the Medusa share price?

The Medusa share price edged lower in morning trade despite the company advising that its Philippines jointly operated Co-O gold mine resumed operations from 3 November.

The…



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