Shore Capital Reiterates “House Stock” Rating for Premier African Minerals (LON:PREM)

Shore Capital reaffirmed their house stock rating on shares of Premier African Minerals (LON:PREM) in a research note published on Wednesday, MarketBeat reports.

Premier African Minerals Price Performance

Shares of LON:PREM opened at GBX 0.04 ($0.00) on Wednesday. Premier African Minerals has a 12-month low of GBX 0.02 ($0.00) and a 12-month high of GBX 0.49 ($0.01). The company has a current ratio of 0.13, a quick ratio of 2.54 and a debt-to-equity ratio of 0.97. The stock’s 50-day moving average price is GBX 0.05 and its two-hundred day moving average price is GBX 0.10. The firm has a market cap of £14.57 million, a price-to-earnings ratio of 2.25 and a beta of 0.99.

About Premier African Minerals

Premier African Minerals Limited, together with its subsidiaries, engages in the mining, exploration, evaluation, development, and investment of natural resource properties on the African continent. It explores for tungsten, lithium, tantalum, fluorspar, potash, and gold deposits. The company holds interests in RHA Tungsten mine, Katete REE project, zulu project, and Tinde projects in Zimbabwe, as well as properties in Mozambique.