Premier African Minerals (LON:PREM) Stock Price Up 6.1% – Here’s Why

Premier African Minerals Limited (LON:PREMGet Free Report) was up 6.1% on Friday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 1,430,401,625 shares were traded during mid-day trading, an increase of 444% from the average daily volume of 263,148,344 shares. The stock had previously closed at GBX 0.03 ($0.00).

Premier African Minerals Stock Performance

The firm has a market cap of £16.08 million, a PE ratio of 2.25 and a beta of 0.99. The firm has a 50-day moving average price of GBX 0.05 and a two-hundred day moving average price of GBX 0.11. The company has a quick ratio of 2.54, a current ratio of 0.13 and a debt-to-equity ratio of 16.86.

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.

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