Premier African Minerals Limited (LON:PREM – Get Free Report) shot up 5% on Friday . The stock traded as high as GBX 0.02 and last traded at GBX 0.02. 2,130,238,000 shares changed hands during mid-day trading, an increase of 582% from the average session volume of 312,232,531 shares. The stock had previously closed at GBX 0.02.
Premier African Minerals Stock Up 5.0%
The stock has a market capitalization of £5.33 million, a PE ratio of -0.05 and a beta of 0.99. The firm has a 50 day moving average of GBX 0.02 and a two-hundred day moving average of GBX 0.04. The company has a current ratio of 0.10, a quick ratio of 2.54 and a debt-to-equity ratio of 0.91.
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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