Premier African Minerals (LON:PREM) Stock Price Up 6.1% – Time to Buy?

Premier African Minerals Limited (LON:PREM)’s stock price was up 6.1% on Friday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 1,430,401,625 shares changed hands during trading, an increase of 444% from the average daily volume of 263,148,344 shares. The stock had previously closed at GBX 0.03 ($0.00).

Premier African Minerals Trading Up 15.2 %

The stock has a market cap of £13.03 million, a P/E ratio of 2.25 and a beta of 0.99. The company has a debt-to-equity ratio of 16.86, a quick ratio of 2.54 and a current ratio of 0.13. The firm’s fifty day simple moving average is GBX 0.05 and its 200-day simple moving average is GBX 0.11.

Premier African Minerals Company Profile

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.