Premier African Minerals Limited (LON:PREM – Get Free Report)’s stock price dropped 14.3% during trading on Tuesday . The company traded as low as GBX 0.01 and last traded at GBX 0.01. 645,723,813 shares traded hands during mid-day trading, an increase of 117% from the average session volume of 297,907,031 shares. The stock had previously closed at GBX 0.01.
Premier African Minerals Trading Up 16.7%
The firm has a 50 day moving average of GBX 0.01 and a 200 day moving average of GBX 0.02. The firm has a market cap of £3.23 million, a PE ratio of -0.26 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.
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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