Premier African Minerals Limited (LON:PREM – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.05 and traded as low as GBX 0.02. Premier African Minerals shares last traded at GBX 0.02, with a volume of 115,997,719 shares traded.
Premier African Minerals Stock Performance
The stock has a market cap of £2.80 million, a price-to-earnings ratio of -0.05 and a beta of 0.99. The company’s 50-day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.05. The company has a quick ratio of 2.54, a current ratio of 0.13 and a debt-to-equity ratio of 0.56.
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. 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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