Premier African Minerals (LON:PREM) Sets New 12-Month Low – Here’s Why

Premier African Minerals Limited (LON:PREM) shares reached a new 52-week low on Tuesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01, with a volume of 534916813 shares. The stock had previously closed at GBX 0.01.

Premier African Minerals Trading Up 33.3%

The firm has a market cap of £3.69 million, a price-to-earnings ratio of -0.30 and a beta of 0.99. 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’s fifty day moving average is GBX 0.01 and its 200-day moving average is GBX 0.02.

Premier African Minerals Company Profile

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.