Premier African Minerals Limited (LON:PREM – Get Free Report)’s share price dropped 10.5% during trading on Tuesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02. Approximately 324,514,250 shares traded hands during trading, an increase of 6% from the average daily volume of 307,491,969 shares. The stock had previously closed at GBX 0.02.
Premier African Minerals Trading Down 10.5%
The company has a quick ratio of 2.54, a current ratio of 0.04 and a debt-to-equity ratio of 1.23. The stock’s 50 day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.02. The company has a market capitalization of £7.36 million, a PE ratio of -0.04 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. The company was formerly known as G&B African Resources Limited and changed its name to Premier African Minerals Limited in April 2012.
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