Shares of Premier African Minerals Limited (LON:PREM – Get Free Report) rose 10% during mid-day trading on Thursday . The company traded as high as GBX 0.02 and last traded at GBX 0.02. Approximately 289,197,063 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 303,934,500 shares. The stock had previously closed at GBX 0.02.
Premier African Minerals Trading Up 9.1%
The company has a market cap of £6.09 million, a price-to-earnings ratio of -0.06 and a beta of 0.99. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.54 and a current ratio of 0.10. The business’s 50 day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.03.
About Premier African Minerals
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.
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