Shares of Premier African Minerals Limited (LON:PREM – Get Free Report) shot up 6.3% during trading on Tuesday . The company traded as high as GBX 0.02 and last traded at GBX 0.02. 822,834,063 shares traded hands during mid-day trading, an increase of 168% from the average session volume of 306,981,906 shares. The stock had previously closed at GBX 0.02.
Premier African Minerals Price Performance
The stock has a market capitalization of £6.68 million, a PE ratio of -0.04 and a beta of 0.99. The firm’s fifty day moving average price is GBX 0.02 and its two-hundred day moving average price is GBX 0.02. The company has a quick ratio of 2.54, a current ratio of 0.04 and a debt-to-equity ratio of 1.23.
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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