Premier African Minerals (LON:PREM) Stock Price Down 5.3% – Here’s What Happened

Premier African Minerals Limited (LON:PREMGet Free Report)’s stock price was down 5.3% on Thursday . The stock traded as low as GBX 0.08 and last traded at GBX 0.09. Approximately 23,239,572 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 42,244,453 shares. The stock had previously closed at GBX 0.10.

Premier African Minerals Stock Performance

The firm’s 50 day moving average price is GBX 0.07 and its two-hundred day moving average price is GBX 0.04. The firm has a market cap of £6.87 million, a PE ratio of -0.19 and a beta of 0.99. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.54 and a current ratio of 0.13.

Premier African Minerals Company Profile

(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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