Premier African Minerals Limited (LON:PREM – Get Free Report)’s share price rose 16.7% during mid-day trading on Thursday . The stock traded as high as GBX 0.01 and last traded at GBX 0.01. 785,531,063 shares were traded during mid-day trading, an increase of 159% from the average session volume of 303,386,250 shares. The stock had previously closed at GBX 0.01.
Premier African Minerals Trading Up 16.7%
The firm’s 50 day moving average price is GBX 0.01 and its 200-day moving average price is GBX 0.02. 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 stock has a market cap of £3.23 million, a P/E ratio of -0.26 and a beta of 0.99.
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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