Premier African Minerals (LON:PREM) Stock Price Down 12.5% – What’s Next?

Premier African Minerals Limited (LON:PREMGet Free Report)’s share price traded down 12.5% on Monday . The company traded as low as GBX 0.01 and last traded at GBX 0.01. 282,247,563 shares changed hands during trading, a decline of 7% from the average daily volume of 303,529,813 shares. The stock had previously closed at GBX 0.01.

Premier African Minerals Stock Down 12.5%

The firm has a 50-day simple moving average of GBX 0.01 and a 200 day simple moving average of GBX 0.02. The company has a market capitalization of £3.23 million, a PE ratio of -0.26 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.

About Premier African Minerals

(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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