Premier African Minerals Limited (LON:PREM – Get Free Report)’s share price dropped 29% during mid-day trading on Tuesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 467,929,063 shares were traded during mid-day trading, an increase of 43% from the average daily volume of 327,853,250 shares. The stock had previously closed at GBX 0.03 ($0.00).
Premier African Minerals Trading Down 19.4%
The firm has a market cap of £12.88 million, a price-to-earnings ratio of -0.40 and a beta of 0.99. The business’s 50 day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.03. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.54 and a current ratio of 0.13.
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.
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