Premier African Minerals (LON:PREM) Trading Up 7.1% – Time to Buy?

Premier African Minerals Limited (LON:PREMGet Free Report) shares rose 7.1% on Tuesday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 222,069,203 shares changed hands during trading, a decline of 16% from the average daily volume of 264,459,719 shares. The stock had previously closed at GBX 0.03 ($0.00).

Premier African Minerals Stock Performance

The firm’s 50-day moving average price is GBX 0.02 and its two-hundred day moving average price is GBX 0.03. The company has a quick ratio of 2.54, a current ratio of 0.13 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of £17.00 million, a PE ratio of -0.52 and a beta of 0.99.

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.

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