Premier African Minerals (LON:PREM) Shares Up 5.9% – Here’s What Happened

Premier African Minerals Limited (LON:PREM – Get Free Report) shares shot up 5.9% during trading on Thursday . The stock traded as high as GBX 0.02 and last traded at GBX 0.02. 1,309,432,500 shares traded hands during mid-day trading, an increase of 317% from the average daily volume of 314,091,906 shares. The stock had previously closed at GBX 0.02.

Premier African Minerals Trading Down 5.6%

The company has a debt-to-equity ratio of 1.23, a current ratio of 0.04 and a quick ratio of 2.54. The firm has a fifty day simple moving average of GBX 0.02 and a 200-day simple moving average of GBX 0.02. The firm has a market cap of £7.36 million, a P/E ratio of -0.04 and a beta of 0.99.

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. The company was formerly known as G&B African Resources Limited and changed its name to Premier African Minerals Limited in April 2012.

Recommended Stories

• Five stocks we like better than Premier African Minerals
• Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
• MarketBeat Week in Review – 07/13- 07/17
• AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
• Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth

Receive News & Ratings for Premier African Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier African Minerals and related companies with MarketBeat.com's FREE daily email newsletter.