Premier African Minerals Limited (LON:PREM – Get Free Report)’s share price dropped 10% during trading on Friday . The company traded as low as GBX 0.02 and last traded at GBX 0.02. 354,817,969 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 301,408,844 shares. The stock had previously closed at GBX 0.02.
Premier African Minerals Price Performance
The company has a quick ratio of 2.54, a current ratio of 0.10 and a debt-to-equity ratio of 0.91. The firm has a market cap of £7.07 million, a PE ratio of -0.04 and a beta of 0.99. The stock has a 50 day moving average price of GBX 0.02 and a two-hundred day moving average price of GBX 0.02.
Premier African Minerals Company Profile
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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