Premier African Minerals Limited (LON:PREM – Get Free Report)’s share price rose 5.9% on Thursday . The company traded as high as GBX 0.02 and last traded at GBX 0.02. 1,309,432,500 shares traded hands during trading, an increase of 317% from the average session volume of 314,091,906 shares. The stock had previously closed at GBX 0.02.
Premier African Minerals Price Performance
The firm has a market cap of £7.79 million, a P/E ratio of -0.04 and a beta of 0.99. The business has a 50-day simple moving average of GBX 0.02 and a 200 day simple moving average of GBX 0.02. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.54 and a current ratio of 0.04.
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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