Premier African Minerals (LON:PREM) Hits New 12-Month Low – Here’s Why

Premier African Minerals Limited (LON:PREMGet Free Report) shares reached a new 52-week low on Tuesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01, with a volume of 200073500 shares traded. The stock had previously closed at GBX 0.01.

Premier African Minerals Trading Down 7.1%

The company has a market cap of £5.99 million, a P/E ratio of -0.48 and a beta of 0.99. The company has a quick ratio of 2.54, a current ratio of 0.04 and a debt-to-equity ratio of 1.23. The firm’s 50-day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.02.

About Premier African Minerals

(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.

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