Beaufort Securities Reiterates “Speculative Buy” Rating for Premier African Minerals Ltd (LON:PREM)

Premier African Minerals Ltd (LON:PREM)‘s stock had its “speculative buy” rating reaffirmed by research analysts at Beaufort Securities in a report issued on Monday.

PREM has been the topic of a number of other research reports. Northland Securities restated a “corporate” rating on shares of Premier African Minerals in a report on Monday, July 10th. Numis Securities Ltd restated an “add” rating and issued a GBX 162 ($2.11) price objective on shares of Premier African Minerals in a report on Wednesday, May 3rd. Finally, Shore Capital restated a “hold” rating on shares of Premier African Minerals in a report on Monday, July 3rd.

Premier African Minerals (LON PREM) opened at 0.575 on Monday. The firm’s market cap is GBX 12.14 million. Premier African Minerals has a 1-year low of GBX 0.20 and a 1-year high of GBX 1.10. The firm’s 50-day moving average price is GBX 0.46 and its 200-day moving average price is GBX 0.53.

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Premier African Minerals Company Profile

Premier African Minerals Limited (Premier) and its subsidiary companies are engaged in the business of exploration, evaluation and development of mineral properties on the African continent. The Company’s flagship project, RHA Tungsten is located in Zimbabwe. Premier holds claims to several of other prospective projects in Zimbabwe, which include the Zulu Lithium and Tantalum pegmatites at Fort Rixon, Tinde Fluorspar, Globe multi-element and graphite, and Rare Earth Elements at Katete.

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