Premier African Minerals Limited (LON:PREM – Get Free Report) rose 12.1% during trading on Tuesday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 499,447,656 shares traded hands during mid-day trading, an increase of 95% from the average daily volume of 256,325,438 shares. The stock had previously closed at GBX 0.03 ($0.00).
Premier African Minerals Stock Up 24.2 %
The company has a quick ratio of 2.54, a current ratio of 0.13 and a debt-to-equity ratio of 16.86. The firm’s 50 day simple moving average is GBX 0.06 and its 200 day simple moving average is GBX 0.12. The company has a market cap of £14.05 million, a price-to-earnings ratio of 2.25 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.
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