Shares of Premier African Minerals Limited (LON:PREM – Get Free Report) rose 20% during trading on Friday . The stock traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 1,362,280,250 shares were traded during mid-day trading, an increase of 432% from the average daily volume of 256,146,891 shares. The stock had previously closed at GBX 0.01 ($0.00).
Premier African Minerals Price Performance
The firm’s fifty day moving average price is GBX 0.02 and its 200 day moving average price is GBX 0.04. The company has a quick ratio of 2.54, a current ratio of 0.13 and a debt-to-equity ratio of 0.56. The stock has a market cap of £6.18 million, a PE ratio of -0.19 and a beta of 0.99.
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.
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