Premier African Minerals (LON:PREM) Trading Down 12.5% – Here’s What Happened

by · The Markets Daily

Premier African Minerals Limited (LON:PREM – Get Free Report) traded down 12.5% during mid-day trading on Monday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. 282,247,563 shares were traded during trading, a decline of 7% from the average session volume of 303,529,813 shares. The stock had previously closed at GBX 0.01.

Premier African Minerals Price Performance

The company has a current ratio of 0.04, a quick ratio of 2.54 and a debt-to-equity ratio of 1.23. The stock has a fifty 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 cap of £2.30 million, a PE ratio of -0.19 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. 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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