Premier African Minerals (LON:PREM) Trading 8% Higher – Should You Buy?

Premier African Minerals Limited (LON:PREMGet Free Report) was up 8% on Tuesday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 254,587,375 shares were traded during trading, an increase of 1% from the average daily volume of 251,413,109 shares. The stock had previously closed at GBX 0.03 ($0.00).

Premier African Minerals Stock Performance

The company has a 50 day moving average of GBX 0.02 and a two-hundred day moving average of GBX 0.03. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.13 and a quick ratio of 2.54. The company has a market capitalization of £14.42 million, a PE ratio of -0.45 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.

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