Premier African Minerals (LON:PREM) Hits New 52-Week Low – Should You Sell?

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

Premier African Minerals Stock Performance

The firm has a market cap of £3.23 million, a price-to-earnings ratio of -0.26 and a beta of 0.99. The business has a fifty day moving average of GBX 0.01 and a two-hundred day 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

(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. 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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