Premier African Minerals (LON:PREM) Trading Up 6.3% – Here’s What Happened
by Danessa Lincoln · The Markets DailyPremier African Minerals Limited (LON:PREM – Get Free Report) shares shot up 6.3% on Tuesday . The stock traded as high as GBX 0.02 and last traded at GBX 0.02. Approximately 822,834,063 shares were traded during trading, an increase of 168% from the average session volume of 306,981,906 shares. The stock had previously closed at GBX 0.02.
Premier African Minerals Stock Performance
The company has a market capitalization of £6.68 million, a PE ratio of -0.04 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. The business’s fifty day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.02.
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.