Premier African Minerals Limited (LON:PREM – Get Free Report) shares were down 16.7% during mid-day trading on Monday. The stock traded as low as GBX 0 and last traded at GBX 0.01. Approximately 2,147,000,000 shares traded hands during mid-day trading, an increase of 592% from the average session volume of 310,308,688 shares. The stock had previously closed at GBX 0.01.
Premier African Minerals Stock Down 16.7%
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 stock has a market cap of £2.30 million, a PE ratio of -0.19 and a beta of 0.99. The company has a 50 day moving average price of GBX 0.01 and a two-hundred day moving average price of GBX 0.02.
About Premier African Minerals
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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