Premier African Minerals (LON:PREM) Hits New 12-Month Low – Here’s What Happened
by Mitch Edgeman · The Markets DailyShares of Premier African Minerals Limited (LON:PREM – Get Free Report) hit a new 52-week low during trading on Tuesday. The company traded as low as GBX 0 and last traded at GBX 0, with a volume of 1,007,279,875 shares trading hands. The stock had previously closed at GBX 0.
Premier African Minerals Price Performance
The stock has a market cap of £2.00 million, a P/E ratio of -0.15 and a beta of 0.99. The company’s 50 day moving average price is GBX 0.01 and its 200-day moving average price is GBX 0.02. The company has a quick ratio of 2.54, a current ratio of 0.05 and a debt-to-equity ratio of 1.14.
About Premier African Minerals
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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