Premier African Minerals (LON:PREM) Trading Down 7.7% – Time to Sell?

Premier African Minerals Limited (LON:PREMGet Free Report)’s share price was down 7.7% during trading on Friday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 1,287,952,125 shares changed hands during mid-day trading, an increase of 259% from the average daily volume of 358,507,313 shares. The stock had previously closed at GBX 0.01 ($0.00).

Premier African Minerals Stock Performance

The company has a debt-to-equity ratio of 0.56, a current ratio of 0.13 and a quick ratio of 2.54. The business has a 50 day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.03. The stock has a market capitalization of £6.70 million, a PE ratio of -0.21 and a beta of 0.99.

Premier African Minerals Company Profile

(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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