Premier African Minerals (LON:PREM) Sets New 12-Month Low – Should You Sell?

Premier African Minerals Limited (LON:PREM – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday. The company traded as low as GBX 0 and last traded at GBX 0, with a volume of 2,147,000,000 shares. The stock had previously closed at GBX 0.

Premier African Minerals Price Performance

The company has a market capitalization of £2.54 million, a P/E ratio of -0.04 and a beta of 0.99. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.05 and a quick ratio of 2.54. The firm’s 50-day moving average is GBX 0.01 and its 200-day moving average is GBX 0.02.

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. 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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