Premier African Minerals (LON:PREM) Stock Price Down 10% – Here’s Why

Shares of Premier African Minerals Limited (LON:PREMGet Free Report) dropped 10% during trading on Wednesday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 196,941,172 shares traded hands during trading, an increase of 2% from the average daily volume of 192,879,266 shares. The stock had previously closed at GBX 0.02 ($0.00).

Premier African Minerals Trading Down 5.0 %

The stock has a market capitalization of £9.79 million, a P/E ratio of -0.30 and a beta of 0.99. The stock’s fifty day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.04. The company has a current ratio of 0.13, a quick ratio of 2.54 and a debt-to-equity ratio of 0.56.

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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