Premier African Minerals Limited (LON:PREM – Get Free Report)’s share price traded up 16.7% during mid-day trading on Thursday . The stock traded as high as GBX 0.01 and last traded at GBX 0.01. Approximately 785,531,063 shares traded hands during mid-day trading, an increase of 159% from the average session volume of 303,386,250 shares. The stock had previously closed at GBX 0.01.
Premier African Minerals Stock Up 16.7%
The stock’s 50 day simple moving average is GBX 0.01 and its two-hundred day simple moving average is GBX 0.02. The firm has a market cap of £3.23 million, a P/E ratio of -0.26 and a beta of 0.99. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.04 and a quick ratio of 2.54.
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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