Premier African Minerals Limited (LON:PREM – Get Free Report)’s share price was down 10% during mid-day trading on Friday . The company traded as low as GBX 0.02 and last traded at GBX 0.02. 354,817,969 shares were traded during trading, an increase of 18% from the average session volume of 301,408,844 shares. The stock had previously closed at GBX 0.02.
Premier African Minerals Stock Down 10.0%
The firm’s 50-day moving average price is GBX 0.02 and its 200 day moving average price is GBX 0.02. The company has a current ratio of 0.10, a quick ratio of 2.54 and a debt-to-equity ratio of 0.91. The company has a market capitalization of £7.07 million, a price-to-earnings 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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