Premier African Minerals (LON:PREM) Reaches New 1-Year Low – Here’s What Happened

Premier African Minerals Limited (LON:PREMGet Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01, with a volume of 1214450625 shares changing hands. The stock had previously closed at GBX 0.01.

Premier African Minerals Price Performance

The business’s fifty day moving average price is GBX 0.01 and its 200-day moving average price is GBX 0.02. The company has a market capitalization of £3.69 million, a P/E ratio of -0.30 and a beta of 0.99. The company has a current ratio of 0.04, a quick ratio of 2.54 and a debt-to-equity ratio of 1.23.

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. 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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