Premier African Minerals (LON:PREM) Receives House Stock Rating from Shore Capital

Shore Capital reiterated their house stock rating on shares of Premier African Minerals (LON:PREM) in a research note issued to investors on Wednesday morning, MarketBeat.com reports.

Premier African Minerals Price Performance

Premier African Minerals stock opened at GBX 0.19 ($0.00) on Wednesday. The stock has a market cap of £54.80 million, a price-to-earnings ratio of 2.25 and a beta of 1.17. Premier African Minerals has a 12-month low of GBX 0.15 ($0.00) and a 12-month high of GBX 1.01 ($0.01). The company has a quick ratio of 2.54, a current ratio of 0.05 and a debt-to-equity ratio of 1.57. The business’s 50-day simple moving average is GBX 0.23 and its 200 day simple moving average is GBX 0.26.

Premier African Minerals Company Profile

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.