Premier African Minerals (LON:PREM) Sets New 52-Week Low – Here’s What Happened

Premier African Minerals Limited (LON:PREMGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 0.07 and last traded at GBX 0.08, with a volume of 76792828 shares changing hands. The stock had previously closed at GBX 0.08.

Premier African Minerals Trading Up 3.9%

The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.54 and a current ratio of 0.13. The company’s 50 day moving average is GBX 0.08 and its 200 day moving average is GBX 0.04. The stock has a market capitalization of £6.79 million, a price-to-earnings ratio of -0.19 and a beta of 0.99.

About Premier African Minerals

(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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