Premier African Minerals (LON:PREM) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Premier African Minerals Limited (LON:PREMGet 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

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Premier African Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier African Minerals and related companies with MarketBeat.com's FREE daily email newsletter.