Premier African Minerals (LON:PREM) Reaches New 52-Week Low – Here’s Why

Premier African Minerals Limited (LON:PREMGet Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00), with a volume of 2147000000 shares. The stock had previously closed at GBX 0.02 ($0.00).

Premier African Minerals Price Performance

The stock’s fifty day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.04. The firm has a market cap of £6.70 million, a price-to-earnings ratio of -0.21 and a beta of 0.99. The company has a current ratio of 0.13, a quick ratio of 2.54 and a debt-to-equity ratio of 0.56.

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.

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