Premier African Minerals Limited (LON:PREM – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01, with a volume of 547568563 shares traded. The stock had previously closed at GBX 0.01.
Premier African Minerals Trading Up 7.7%
The business’s 50 day simple moving average is GBX 0.02 and its 200 day simple moving average is GBX 0.02. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.04 and a quick ratio of 2.54. The company has a market capitalization of £6.45 million, a price-to-earnings ratio of -0.52 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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