Premier African Minerals (LON:PREM) Reaches New 1-Year Low at $0.15

Premier African Minerals Limited (LON:PREM)’s share price reached a new 52-week low on Thursday . The stock traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.16 ($0.00), with a volume of 377266765 shares traded. The stock had previously closed at GBX 0.16 ($0.00).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Premier African Minerals in a report on Wednesday, May 8th.

Premier African Minerals Price Performance

The company has a current ratio of 0.05, a quick ratio of 2.54 and a debt-to-equity ratio of 1.57. The company’s fifty day simple moving average is GBX 0.20 and its 200 day simple moving average is GBX 0.24. The firm has a market capitalization of £45.17 million, a P/E ratio of 2.25 and a beta of 1.22.

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.