Premier African Minerals (LON:PREM) Sets New 1-Year Low – Should You Sell?
by Sarita Garza · The Markets DailyPremier African Minerals Limited (LON:PREM – Get Free Report) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01, with a volume of 791065875 shares changing hands. The stock had previously closed at GBX 0.01.
Premier African Minerals Price Performance
The firm has a 50 day simple moving average of GBX 0.01 and a two-hundred day simple moving average of GBX 0.02. The company has a market capitalization of £2.76 million, a PE ratio of -0.22 and a beta of 0.99. The company has a current ratio of 0.04, a quick ratio of 2.54 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.