Premier African Minerals (LON:PREM) Reaches New 12-Month Low – What’s Next?

Premier African Minerals Limited (LON:PREMGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00), with a volume of 200060656 shares traded. The stock had previously closed at GBX 0.02 ($0.00).

Premier African Minerals Stock Down 10.0 %

The firm’s 50 day simple moving average is GBX 0.04 and its 200 day simple moving average is GBX 0.04. The company has a market cap of £9.27 million, a price-to-earnings ratio of -0.29 and a beta of 0.99. The company has a quick ratio of 2.54, a current ratio of 0.13 and a debt-to-equity ratio of 0.56.

Premier African Minerals Company Profile

(Get Free Report)

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.

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