Premier African Minerals Limited (LON:PREM – Get Free Report) shares traded down 10.5% during mid-day trading on Tuesday . The company traded as low as GBX 0.02 and last traded at GBX 0.02. 942,371,938 shares changed hands during mid-day trading, an increase of 211% from the average daily volume of 303,123,313 shares. The stock had previously closed at GBX 0.02.
Premier African Minerals Stock Performance
The firm’s 50-day moving average price is GBX 0.02 and its two-hundred day moving average price is GBX 0.02. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.54 and a current ratio of 0.04. The stock has a market cap of £6.06 million, a price-to-earnings ratio of -0.03 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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