Premier African Minerals (LON:PREM) Hits New 52-Week Low at $0.10

Posted by Stacy Sanders on Jun 27th, 2024

Premier African Minerals Limited (LON:PREM – Get Free Report)’s stock price reached a new 52-week low on Thursday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00), with a volume of 85686367 shares traded. The stock had previously closed at GBX 0.10 ($0.00).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Premier African Minerals in a report on Wednesday, May 8th.

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Premier African Minerals Stock Performance

The company has a current ratio of 0.05, a quick ratio of 2.54 and a debt-to-equity ratio of 1.57. The company’s 50 day moving average is GBX 0.15 and its 200-day moving average is GBX 0.21. The company has a market capitalization of £31.69 million, a P/E ratio of 2.25 and a beta of 1.22.

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.