Premier African Minerals Limited (LON:PREM – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 0.02 and traded as low as GBX 0.01. Premier African Minerals shares last traded at GBX 0.01, with a volume of 1,201,004,125 shares.
Premier African Minerals Stock Up 20.0%
The stock has a market capitalization of £2.76 million, a price-to-earnings ratio of -0.22 and a beta of 0.99. The company has a quick ratio of 2.54, a current ratio of 0.05 and a debt-to-equity ratio of 1.14. The business’s 50-day moving average is GBX 0.01 and its two-hundred day moving average is GBX 0.02.
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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