Premier African Minerals Limited (LON:PREM – Get Free Report) shares were down 14.3% during trading on Tuesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. Approximately 645,723,813 shares were traded during trading, an increase of 117% from the average daily volume of 297,907,031 shares. The stock had previously closed at GBX 0.01.
Premier African Minerals Trading Down 14.3%
The company has a market capitalization of £2.76 million, a price-to-earnings ratio of -0.22 and a beta of 0.99. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.04 and a quick ratio of 2.54. The business’s 50-day moving average price is GBX 0.01 and its two-hundred day moving average price is GBX 0.02.
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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