Premier African Minerals (LON:PREM) Trading Up 9.1% – Should You Buy?

Shares of Premier African Minerals Limited (LON:PREMGet Free Report) shot up 9.1% on Tuesday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.02 ($0.00). 754,055,875 shares changed hands during trading, an increase of 114% from the average session volume of 352,459,625 shares. The stock had previously closed at GBX 0.02 ($0.00).

Premier African Minerals Trading Up 9.1%

The stock has a market capitalization of £12.36 million, a PE ratio of -0.38 and a beta of 0.99. The company has a current ratio of 0.13, a quick ratio of 2.54 and a debt-to-equity ratio of 0.56. The stock has a 50 day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.02.

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.

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